Diamond Offshore Reels in $610M in New Drilling Rig Contracts

Offshore drilling company Diamond Offshore said Wednesday it had recently secured $610 million worth of offshore drilling contracts, with the company CEO confident of sustainable long-term demand for offshore drilling services “for years to come.” The contracts recently secured are for the harsh environment semi-submersible drilling rig Ocean GreatWhite in the U.K. North Sea, the […]
Drilling rig falls at OHSU campus, trapping operator

A large construction drilling rig tipped over at a construction site in Southwest Portland, trapping its operator inside. It took rescuers about 15 minutes to remove the operator from the rig, according to a Portland Fire & Rescue spokesperson. The operator was transported to a trauma center, where he remains in critical condition. No other […]