Hydril Company announced it has received another order for the purchase of a blowout
preventer multiplex control system from a subsidiary of Diamond Offshore
Drilling, Inc. Delivery of the system will be in 2003 for use within the Diamond Offshore fleet
Chris Seaver, president and CEO of Hydril Company said "This is the
third deepwater blowout preventer multiplex control system Diamond Offshore
has ordered from Hydril since the third quarter of last year. We are pleased
to be selected to assist Diamond in their on-going program to upgrade their
deepwater fleet of rigs."