"It has the potential to enable the U.K. to take a giant step forward by building the next generation of projects further out ...

The workers were killed in an explosion aboard the Cidade de São Mateus, a floating oil production, storage and offloading ship (FPSO), said Davidson Lombo, finance director of Sindepetro-ES ...

When fully elevated, it appears like a cross between an oil rig and a floating ship. A similar, larger jack-up barge, the MPI Adventure, has been carrying out routine maintenance at the Rhyl Flats ...

If the ministry decides on the floating platform option, it would not only have to buy a ship or oil rig but will also need funds for retrofitting. If a ship is used, maintenance costs will also ...

Elon Musk 's space company bought two oil rigs off the coast of Texas earlier this year with the intention of converting them into ocean spaceports. One of the rigs, Phobos, is now located in ...

The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues ... flat demand growth industry wide for floating drilling rigs next year followed ...

A former oil rig lifeboat that worked on the Irish Sea has been transformed into "tiny floating home". Johnny Sturgeon, originally from Skipton, started the renovation 18 months ago and is now a ...

These structures are ideal for more shallow water. But, the majority of oil rigs are designed to float. There are several different kinds of platforms that float, including Tension Leg Platforms.

Now, semisubs are the most stable of any floating rig, many times chosen for harsh conditions because of their ability to withstand rough waters. A semisubmersible is a MODU designed with a ...

Vantage Drilling has agreed to sell its 375-ft jackup rigs Soehanah and Topaz Driller to ADES International Holding for $190 million. Seoul-based SK Earthon, SK Innovation’s oil and gas ...

Shearwater GeoServices has landed a contract to carry out an ocean bottom node (OBN) survey over two of TotalEnergies' ...

In a bold move that merges innovation with luxury, Saudi Arabia is set to welcome the world's first floating theme park, aptly named The Rig. Spearheaded by the Oil Park Development Company (OPDC ...