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 ...

When a Texas oil company first announced controversial plans to reactivate three drilling rigs off the coast of Santa Barbara ...

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate ...

India's ONGC plans to hire at least four cantilever-type jack-ups of MLT or BMC design, able to operate in water depths up to ...