Shell has secured a multi-year contract for the VALARIS DS-8 drillship for work on the Orca project in the Santos basin presalt offshore Brazil, as well as a separate contract for the Deepsea Mira for ...

Malaysian offshore drilling contractor Velesto Energy has secured a contract with Shell to provide a jack-up drilling rig for seven wells offshore Malaysia. Velesto said it will assign its jack-up ...

Shell plc SHEL, a global leader in the energy sector, continues to strengthen its foothold in Southeast Asia through strategic partnerships and significant operational moves. One of the most recent ...

Shell aims to drill at least one more exploration well on its prolific Orange basin acreage offshore Namibia — where it has so far discovered some 5.4 billion barrels of oil — before its rig contract ...

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has been awarded a multi-year contract with Shell offshore Brazil for drillship VALARIS DS-8. The contract is expected ...

Problems on the Shell's Arctic Challenger, shown on September 17, 2012, at the Port of Bellingham in Washington, caused Shell to give up for the year on drilling for oil in the Arctic waters off ...

ANCHORAGE, Alaska (Reuters) - Royal Dutch Shell Plc will not drill for oil in Alaska's Arctic seas this year, the company said on Wednesday, in a widely expected decision that follows a series of high ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy -- including some strange sources being explored-- is still a long way away.

Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...

LONDON (AP) - The British government warned Monday that several hundred tons of oil may have leaked into the North Sea from a Royal Dutch Shell rig. The Department for Energy and Climate Change said ...