Beach Petroleum has moved the West Triton rig to drill the Fermat-1 gas well off eastern Victoria after being unable to jack-up at the Spikey-Beach-1 site off Tasmania. Adelaide-based Beach said in an ...

Australian independent Beach Energy has secured two rigs to carry out its unconventional shale gas drilling programme in the Nappamerri Trough of Australia’s onshore Cooper basin next year. Beach said ...

(Bloomberg) — When offshore oil rigs reach the end of their useful lives, many head for their final resting place at blowtorch beach. There, in western Turkey, ship scrapyards have discovered a new ...

Removing all 27 oil rigs off the California coast would cost $1.09 billion, but leaving the lower steel section of some rigs in place as a marine sanctuary would be far cheaper, an ocean science ...

ALIAGA, Turkey (Bloomberg) -- When offshore oil rigs reach the end of their useful lives, many head for their final resting place at blowtorch beach. There, in western Turkey, ship scrapyards have ...