The re-issuance of the “temporary” moratorium on deepwater drilling has forced Diamond Offshore to send a second rig packing, this time to the Congo. Unlike the Ocean Endeavor, which likely will never be back in the Gulf of Mexico, the Ocean Confidence might be back after 3 years in the Congo for a year, but only if the ban on deepwater drilling is lifted.
WISN-AM’s Jay Weber said on his show this morning that he believes that ban will never be lifted while Teh Won is in office. The fact that the Ocean Confidence will be gone for a minimum of 3 years shows Diamond Offshore believes the same.