Guyana's average oil production fell to some 620,000 barrels per day in January from 656,000 bpd in December, the lowest ...

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row to the highest level since June, energy ...

Transocean's high-spec fleet and long-term contracts position it to outperform peers despite cyclical downturn in offshore ...

Newbuild is the latest in a series ordered for the offshore oil and gas industry that might also work in offshore wind ...

Offshore driller Constellation Oil Services Holding SA is planning to list shares in Oslo after reducing debt and increasing revenue from contracts with Brazilian oil explorer Petrobras.

Global Offshore Structural Analysis Software Market is valued at approximately USD 1144.86 million in 2023 and is anticipated to grow with a healthy growth rate of more than 10.03% over the forecast ...

VALARIS DPS-3 and VALARIS DPS-6 semi-submersible rigs. These rigs may be upcycled for alternative purposes or scrapped entirely.

Three Norwegian companies — Eidesvik Offshore , Reach Subsea and Agalas — have formed a strategic partnership to build a new ...

Seatrium secures jack-up rig contract with International Maritime Industries. Find the latest news from the maritime industry on the PortNews website.

It is 70 years since Seatrium designed and built the world's first independent leg jack-up drilling rig, and it has designed ...

Valaris retires rigs, announces new contracts. Find the latest news from the maritime industry on the PortNews website.

RIG designer Seatrium Offshore Technology, a wholly owned subsidiary of Seatrium, has secured a contract from shipyard ...