Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.
This week's offshore rig review focuses on the construction trends and costs that have shaped the competitive rig fleet over that last 30 years and those that are shaping it today. We recently spent ...
While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards. One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s ...
MENCK, a brand in marine energy and infrastructure services company Acteon, has secured a contract to supply advanced pile-driving equipment and operational services for the installation of the ...
Offshore drilling remains resilient this year with strong activity in Latin America, Southeast Asia and other hotspots, but the sector has less appetite for building new drilling rigs after learning ...
Rig utilisations are higher than indicated when considering those non-working rigs that have future contracts in place. Increasing dayrates, rig reactivations and more sales of stranded rigs are ...