Diamond Offshore snags $429M drilling contract in Brazil

Nov. 8, 2022
Diamond Offshore has received notification of award of a new drilling program with Petrobras in Brazil for the Ocean Courage rig.

Offshore staff

HOUSTON  Diamond Offshore has received notification of award of a new drilling program with Petrobras in Brazil for the Ocean Courage rig.

The Ocean Courage was awarded a four-year project with an unpriced option for an additional four years. The total estimated value of the firm term of the award is approximately $429 million, including a mobilization fee and the provision of certain additional services.

The new contract is expected to be signed imminently and commence late in fourth-quarter 2023 after conclusion of the rig’s current contract and new contract preparations.

11.08.2022    

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