With two of the world’s top five floating rig contractors merging into one, the market consolidation trend is ripe for further such moves, bringing the possibility of transformation endeavors in existing business models and a potential shift in offshor…
New technologies have the ability to massively close the huge skills gap and shortage […]
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Transocean has landed multi-million contracts and extensions in the U.S. Gulf of Mexico, Norway, Australia, and Brazil for seven floaters, encompassing four drillships and three semi-submersible rigs.
The post Transocean rigs fetch $656 million for eig…
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Equinor has maintained a stable net profit in Q2 2024, with a drop quarter on quarter but a slight increase compared to the same period 2023.
The post Oil & gas production uptick sets the scene for ‘solid’ financial performance as Equinor bolsters …
Eni and Altera Infrastructure have held a naming ceremony for an FPSO and FSO, which underwent conversion works for a year.
The post Eni’s revamped FPSO and FSO getting ready to set sail for ‘Africa’s first net-zero emissions’ oil & gas proj…