Diamond Offshore Reports on Status of Ocean Vanguard Following Storm in North Sea.HOUSTON -- Diamond Offshore Drilling Diamond Offshore Drilling, Inc. is a deepwater drilling contractor which provides drilling services to the energy industry. The company's headquarters are located in Houston, Texas, but they have offices in Louisiana, Africa, Australia, Brazil, Indonesia, Scotland, Singapore, and Inc. (NYSE NYSE See: New York Stock Exchange :DO) reported that the semisubmersible sem·i·sub·mers·i·ble n. A seagoing, self-propelled barge that rides at anchor, stands on partially submerged vertical legs on submerged pontoons, and serves as living quarters and a base of operations in offshore drilling. drilling rig Ocean Vanguard parted two of its eight moorings during hurricane force winds and high seas high seas In maritime law, the waters lying outside the territorial waters of any and all states. In the Middle Ages, a number of maritime states asserted sovereignty over large portions of the high seas. in the Norwegian sector of the North Sea last night. No personnel were injured, the rig is stable and the well had been shut-in and secured in anticipation of the storm. Shore-based personnel are being mobilized to the unit to assist with evaluation and any necessary repairs. The Ocean Vanguard was operating in approximately 1,200 ft. of water in the Norwegian sector of the North Sea at the time of the event. Diamond Offshore is a leader in deep water drilling. The Company's fleet of 45 offshore drilling rigs consists of 30 semisubmersibles, 14 jack-ups and one drillship. The fleet is located in the waters of six of the world's seven continents. |
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