Rig: Ocean Baroness

Name Ocean Baroness
Owner Diamond Offshore Drilling
Manager Diamond Offshore Drilling
Rig Type Semisub
Sub Type Deepwater Floater
Jackup Type --
Max Water Depth (ft) 6500
Max Drill Depth (ft) 35000
Dimensions (ft) 320 x 265 x 120
Leg Length (ft) --
Competitive Yes

Current Location

Country --
Region --

Drilling Equipment

Drawworks Type National Oilwell Varco 2040 UDBE
Drawworks HP 16000
Mud Pumps Type National Oilwell Varco FC-2200 Triplex; A-1700-PT Triplex
Top Drive National Oilwell Varco PS2-1000
Hookload Capacity (lbs) 2000000

Rig Construction Details

Rig Design Friede & Goldman
Rig Model SS-2000
Year Built 1973
Country of Build USA
Yard Name Avondale Shipyard
Group Yard Name Odgen Corporation

Rig Contract Details

Operating Status Retired


24 Feb 2015

Diamond struck by contract termination calls

Diamond Offshore Drilling Inc (“Diamond”) today released its 10-K form to the United States Securities and Exchange Commission (“SEC”). The release contained news that the company has received contract cancellation/terminations for six of its operational rigs in Brazil, UK and Mexico. Petrobras notified the company of its intention to terminate the Ocean Baroness’ contract with immediate effect in Brazil. Whilst on the 12th February 2015, Dana Petroleum gave notice to Diamond that it intended to terminate the drilling contract for the Ocean Nomad semisub, currently operating in the UK. However, the largest cancellation/termination notice came from Pemex who informed Diamond that it intends to terminate contracts for the Ocean Ambassador, Ocean Nugget and Ocean Summit as well as cancelling the future contract for the Ocean Lexington. Diamond highlighted in the release that the company is currently in discussion with each of the three operators regarding the proposed terminations and cancellations which if exercised could result in a significant decrease in revenue for the rig manager.

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