Offshore drilling contractor Diamond Offshore nearly doubled its losses as its revenues dropped in the third quarter of 2019 when compared to the same period in 2018. Diamond has also secured a new contract for one of its semi-submersible rigs with Woodside.
Diamond on Monday posted revenues of $254 million for the third quarter of 2019, a decrease when compared to revenues of $280.7 million in the same period last year.
The company recorded a loss of $95.1 million for the third quarter 2019 compared to the loss of $51.1 million in the same period of 2018.
Brazil Energy Insight 
Leave a comment