China has installed the world’s largest 16-megawatt floating offshore wind turbine, "Three Gorges Pilot," off Yangjiang in ...

Rystad: offshore oil and gas investment to reach $104 billion in 2024. The Financial Times reported this week that in 2025, offshore oil will account for more non-OPEC oil supply than U.S. shale oil.

The 97-meter, 2021-built DP2 multipurpose support vessel (MPSV) is the largest vessel in Astro’s fleet to date. The company ...

Discover the incredible story behind the construction of the Petronius offshore oil rig, one of the most ambitious projects in the energy industry. This video takes you through the complex process of ...

HOUSTON--(BUSINESS WIRE)--GA Drilling, a technology company making deep geothermal drilling commercially viable has secured a $44.1 million investment to enter full-scale commercial deployment of its ...

The awarding of the contract for an ultra-deepwater Trion project offshore Mexico is more than just another deal. The contract awarded by Trion’s operator will see SLB employ its artificial ...

The groups filed the lawsuit on the 16th anniversary of the nation’s worst offshore oil spill, when BP’s Deepwater Horizon ...

Offshore drilling contractor Noble Corporation (NYSE:NE) reported Q1 CY2026 results , but sales fell by 10.2% year on year to $785.7 million. Its non-GAAP profit of $0.26 per share was 26.2% above ...

The document, which was released virtually on Monday, said, “Average annual turnover of USD$100,000,000.00 for deep offshore blocks and USD$40,000,000 for onshore and shallow water blocks or “Minimum ...

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This weeks offshore rig review looks at the recent developments and deepwater discovery in Mexico that may drive changes in Pemex's long term strategy. The last several weeks have seen some ...