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Diamond Offshore appoints new CEO

Diamond Offshore’s Ocean GreatWhite semi-submersible rig
Diamond Offshore’s Ocean GreatWhite semi-submersible rig

Diamond Offshore Drilling has appointed Bernie Wolford Jr as its president and CEO.

He replaces Marc Edwards, who retired last month when the company emerged from its chapter 11 financial restructuring.

Mr Wolford has worked in the oil industry for 40 years, most recently serving as CEO of Pacific Drilling, from November 2018 to April 2021.

From 2010 to 2018, he held senior operational roles at Noble Corporation, including five years as the company’s senior vice president – operations.

He began his career with Transworld Drilling Company in 1981 and has worked in numerous locations across the globe.

Mr Wolford said: “I am honoured to be named Diamond’s CEO, and I’m excited to lead the Company in its next phase.

“Diamond responsibly operates valuable assets, has an excellent operational and safety reputation and maintains a competitive market position.

“I look forward to meeting with our employees both on the rigs and in offices around the world.

“I am committed to working with the board and the rest of the leadership team to ensure a seamless transition for our clients and stakeholders.”

Chairman Neal Goldman said: “I am excited to work with Bernie through the company’s next chapter.

“Throughout his career, Bernie has demonstrated a keen ability to revitalise the organisations he leads, delivering operational and financial excellence.

“These skills will be critical on Diamond’s path to drive operational efficiency and achieve profitable growth, while continuing to deliver best of class value for our customers.”

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