Diamond Offshore

The position of Demand Drilling reportedly experienced a dramatic drop in the New York Stock Exchange. The company lost six percent and fell between 55.64 and 55.74 US dollars. The company lost value due to the rumors that surrounded the company regarding another oil spill at Saratoga, the company’s oil drilling rig that is situated in the Gulf of Mexico.

The massive catastrophe regarding the oil spill in the Gulf of Mexico has jeopardized the position of another oil drilling company. The officials of United States said they would investigate media reports alleging a second oil spill in the Gulf of Mexico, near Deepwater Horizon (the oil rig that collapsed and caused the biggest oil spill in the history of the United States of America. Several U.S. media agencies have reported that a second spill was on its way at the Ocean Saratoga platform, operated by the oil company named Diamond Offshore.

During a press conference when Admiral Thad Allen, the head of the U.S. Coast Guard was questioned about the new threat, he said that the coast guard would get detailed information on the rumored events. In addition Allen stated that the discovery would be published later. The local newspaper in Alabama reported that crews were seen on ships who were engaged in spilling dispersants into the water that surrounded the Saratoga platform located at 20 km from the coast of Louisiana. The newspaper also stated that it managed to obtain a document that proves another oil leak since April 30.

Saipem