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Diamond Offshore is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 33 offshore drilling rigs, including one under construction. Diamond Offshore’s fleet consists of 23 semisubmersibles, of which one harsh environment semi is under construction, four dynamically positioned drillships, and six jack-ups. Our mission is to exceed customer expectations and continually set the standard of excellence as we assist our customers in their worldwide efforts to discover and produce offshore petroleum resources.
Since 2007, Diamond Offshore has acquired or placed orders for eleven deepwater and ultra-deepwater units. Our latest newbuild projects will continue the process of renewing the fleet to meet our customers’ future requirements. Our fleet, combined with our people and our operations record, allow Diamond Offshore to deliver the highest level of performance for our customers.
In our approach to creating shareholder value, we take the long-term view in considering how to deploy capital to create future earnings growth. Over the years, our strong balance sheet has afforded us the financial strength and flexibility to make significant reinvestments in our fleet. We accomplish this through excellent operational performance, opportune investments during industry cycles, and a disciplined approach to making acquisitions. We believe we have made wise investments not only in our fleet, but also in talented people and an exceptional culture of training and safety that permeates our company.
At Diamond Offshore, the goal of achieving Zero Incident Operations (ZIO) anywhere in the world we operate dominates our actions. We are a recognized industry leader in safety and a premier trainer in safe and efficient rig operations. Achieving ZIO means that no one gets hurts, the environment remains pristine and all equipment operates safely. Our safety leadership is exemplified in the innovations and advances we have incorporated into our culture.