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Stock impact report

BP-Leased Oil Rig Pipe Plunges to Sea Floor in North Atlantic [BNN Bloomberg (Canada)]

Diamond Offshore Drilling, Inc. (DO) 
Last diamond offshore drilling, inc. earnings: 2/10 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.diamondoffshore.com
Company Research Source: BNN Bloomberg
No one was injured and no crude leaked into the ocean. The Feb. 1 “equipment incident” involved the Ocean GreatWhite rig about 125 miles (200 kilometers) west of the Shetland Islands, the company said in a US filing on Monday. BP is leasing the vessel through at least August. Diamond Offshore describes it on its website as “one of the world's largest ultra-deepwater harsh environment semisubmersible” rigs. A BP spokesperson in Houston didn't immediately respond to a request for comment. A key device on the seafloor sealed off the well so that no oil or natural gas escaped, the company said. It was the failure of just such a device — known as a blowout preventer, or BOP — that contributed to the deadly calamity aboard the BP-leased Deepwater Horizon in the US Gulf of Mexico almost 14 years ago. In the 2010 incident, the BOP failed to operate properly, allowing explosive gas to rush to the surface, killing 11 workers and destroying the rig. Diamond Offshore didn't provide more Show less Read more
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