Standing as one of the largest offshore oil drilling platforms globally, the Berkut platform is a remarkable feat of ...

The Greenhaven Road Capital Main Fund returned approximately −12% net of fees and expenses in the first quarter. Click here ...

An electrically- driven jacking system raises ... provide stability in tidal currents up to 2.4 knots, in 120-ft. (36.6-m) waters, and provide a maximum working platform height of 200 ft.

PETALING JAYA: Petroliam Nasional Bhd (PETRONAS) aims to ramp up Malaysia’s oil and ... This includes the construction of three offshore central processing platforms, three onshore facilities ...

Lamprell and Dong Fang Offshore sign MOU for new wind turbine installation vessel. Find the latest news from the maritime industry on the PortNews website.

The GustoMSC-designed NG-9000X vessel will be capable of transporting and installing two 15 MW-class turbines simultaneously ...

Under the contract, Velesto’s NAGA 4 jack-up rig will undertake drilling activities for more than 40 wells. Operations are expected to begin in first-half 2026.

Operators keen to electrify offshore processes as part of efficiency drive in bid to reduce maintenance and downtime, says ...

offering a reprieve for the Norwegian company and U.S. offshore wind in general.The share price of Equinor, which is mostly reliant on oil and gas, was up 1.5% by 0948 GMT, while Orsted's shares ...