McDermott has tucked under its belt a new transportation and installation contract with ONGC for a gas project offshore India.
The post Another win for McDermott in Asia, thanks to new multi-million deal with ONGC appeared first on Offshore Energy.
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Valaris has recorded a strong operational and financial performance during the third quarter of 2023, thanks to a rise in rig demand and day rates.
The post Valaris anticipates ‘meaningfully’ higher profits in next two years, as rig market tightens fu…
Diamond Offshore Drilling is optimistic about the future after winning more assignments for its rig fleet in the UK during the third quarter of 2023.
The post Diamond Offshore spots signs of ‘strong and lasting upcycle’ as its rigs land new jobs in UK…
New report predicts a boost in demand, with orders reaching up to $173 billion for 168 floating production units within the next five years.
The post With orders set to reach $173 billion, ‘robust’ demand in store for FPSO, FLNG and other floating pro…
Light Structures has won two contracts for the delivery of hull stress monitoring systems for two Petrobras-commissioned FPSOs.
The post Hull monitoring systems ordered for two Petrobras’ FPSOs under construction at Chinese yard appeared first on Offsh…