Not to be left out, Diamond Offshore also takes rigs out of service

• Diamond Offshore (DO -3.5%) adds another rig to its stacked fleet with the addition of the Ocean Yorktown, the eighth floater the company has retired or cold stacked since the market started to rollover in H2 2013.
• DO says it is still in discussions with Pemex, Petrobras and Dana on existing contracts for six rigs where customers have provided verbal notification of cancellation.
• DO's fleet update comes as industry leader Transocean (RIG -7%) aggressively moved to scrap four additional floaters and stack four floaters that had been idle.