The Ocean Worker rig received a six-year commitment that could earn maximum total revenue of $591 million. The rig is expected to begin work in Brazil in the third quarter of 2008.
The Ocean Yatzy rig received a five-year commitment under which the unit could earn maximum total revenue of approximately $447 million for work expected to continue until the fourth quarter of 2014.
The Ocean Winner rig received a five-year commitment under which the rig could earn maximum total revenue of approximately $493 million for work expected to continue until the first quarter of 2015.
The Ocean Alliance rig received a six-year commitment under which the unit could earn maximum total revenue of approximately $748 million for work expected to continue until the third quarter of 2015.
Larry Dickerson, president and COO of Diamond Offshore, said: We are pleased to build on our history of over 20 years’ service to Petrobras and the Brazilian oil industry and look forward to participating with Petrobras in their quest to increase Brazilian oil production.
