Diamond receives LOI for a jackup and semisub as it announces Q3 2013 results
Diamond Offshore Drilling, the Houston-based rig owner today announced its results for Q3 2013 and although profit for the quarter had significantly decreased in comparison to the previous year, the rig operator announced good news with the announcement that it had received two letters of intent (LOI). Diamond received LOI’s for its ‘Ocean Scepter’ jackup rig that is currently working in Mexico for Pemex alongside a further LOI for its ‘Ocean Apex’ semisub which is currently undergoing a major refurbishment project in Singapore. The ‘Ocean Scepter’ LOI is for a 1,136 day contract extension with Pemex at a dayrate of US$158,000 extending the units stay in Mexico until the end of Q1 2017. Meanwhile the ‘Ocean Apex’ received an LOI from an as yet unnamed international oil company to undertake drilling operations in Southeast Asia upon delivery from the yard in Q4 2014.