Residents on Scotland's Isle of Lewis were stunned Monday morning when a gigantic, 17,000 ton oil rig had washed ashore at Dalmore Beach. The rig was being towed from Norway to Malta when they ...

UK supermajor Shell has contracted a heavy duty jack-up drilling rig from Valaris for a highly-anticipated two-well exploration campaign this summer in the UK’s southern gas basin. Confirming the ...

Offshore driller Valaris has completed the sale of a shallow-water rig and secured additional work in the UK North Sea for ...

Oil-focused drilling activity continued to suffer while natural gas-focused activity continues to rise, according to the weekly summary of drilling activity. Oilfield services firm Baker Hughes said ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...