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offshore drilling

Cultural  
  1. The operation of oil wells on the continental shelf, sometimes in water hundreds of feet deep.


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Public debate about offshore drilling concentrates on the possibility that large oil spills will occur, with subsequent damage to the coastal environment.

Example Sentences

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Valaris stock surges after fellow offshore drilling company Transocean agrees to acquire it for $5.8 billion.

From Barron's

Fellow offshore drilling company Transocean has agreed to acquire Valaris in an all-stock deal worth $5.8 billion.

From Barron's

Valaris stock surges after fellow offshore drilling company Transocean agrees to acquire it for $5.8 billion.

From Barron's

Fellow offshore drilling company Transocean has agreed to acquire Valaris in an all-stock deal worth $5.8 billion.

From Barron's

Transocean will acquire Valaris in an all-stock deal, creating the largest publicly traded offshore drilling contractor with 73 rigs and $10 billion in contract backlog.

From Barron's