Diamond Offshore

Diamond Offshore files for Chapter 11

Houston-headquartered offshore drilling contractor Diamond Offshore Drilling, Inc. (NYSE: DO) reports that it and select subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the

Hyundai Heavy delivers world’s largest semi

JULY 17, 2016 — The world’s largest shipbuilder has delivered the world’s largest largest semi-submersible drilling rig. South Korea’s Hyundai Heavy Industries (HHI) delivered the 123 m x 78 m Ocean Greatwhite

Rough ride for Petrobras-exposed offshore drillers

JUNE 23, 2015—Investment banker Cowen and Company remains cautious on its outlook for shares of stocks of Petrobras-exposed offshore drillers, expecting “significant CAPEX cuts will keep activity offshore Brazil subdued through the