Valaris wins $125M in new deals, to dispose of four stacked rigs
Valaris (NYSE:VAL) -3.7% in Wednesday's trading after unveiling several deals and contract extensions for its jackup rig ...
Harrowing story of deep sea divers ripped apart in 0.1 seconds after being sucked through tiny hole
The Byford Dolphin diving accident saw five divers meeting their fate after complications with engine failure and an outdated ...
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North Sea Oil
The world's worst offshore disaster was on the Piper Alpha rig in 1988 when 167 men died. Oil production has slowed in the past decade but new discoveries are still being made in the North Sea.
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Floatel Firms Contract for Floatel Superior in North Sea
Offshore accommodation rig firm Floatel International has secured firm contract with an undisclosed client North Sea client ...