Diamond Offshore Drilling says that the Company’s bid to purchase the new-build, 10,000-foot, dynamically positioned semi-submersible offshore drilling unit PetroRig I has been accepted by Jurong Shipyard Pte Ltd. The Company is working diligently to conclude the purchase which is expected to close on or about June 25, 2009. Additional details will be provided at that time.
Diamond Offshore President and Chief Executive Officer Larry Dickerson noted that “the transaction is in keeping with the Company’s long history of opportunistic rig acquisitions. We believe there are multiple opportunities to employ this highly capable rig in our pursuit of future deepwater projects.”
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Diamond Offshore Drilling
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