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 ...

Komatsu just launched its first-ever electric underground drilling and bolting rigs, signaling a new beginning for the Japanese construction giant’s hard rock mining portfolio. Part of a broader range ...

The Tyonek platform, right, in Cook Inlet, is currently home to the region's only offshore drilling rig, which is to the left of the platform. Both assets are owned by Hilcorp, the inlet's dominant ...

Los Angeles-based Charger Investment Partners has completed the acquisition of Versa-Drill, a market-leading designer and assembler of premium drilling rigs used in water well, geothermal and cathodic ...