EXHIBIT 23.2 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS As independent public accountants, we hereby consent to the incorporation by reference in this Registration Statement of Diamond Offshore Drilling, Inc. on Form S-3 of our report dated November 14, 1995 on the consolidated financial statements of Arethusa (Off-Shore) Limited as of and for the year ended September 30, 1995, included in the Current Report on Form 8-K of Diamond Offshore Drilling, Inc. dated May 13, 1996, and to all references to our firm included in this Registration Statement. /s/ Arthur Andersen & Co. ARTHUR ANDERSEN & CO. Hamilton, Bermuda January 17, 1997 Exhibit 23.2 - 1