26 August 2026, 12:44 am
Energy Technology’s new episode asks why electrification of offshore oil and gas assets has been slow, despite offering decarbonisation wins.... Read More »
24 August 2026, 3:33 pm
The Oil Ministry is working on a year-wise execution road map for drilling, seismic surveys and rig deployment under its ambitious $8.8 billion Samudra Manthan, or the National Offshore Exploration ...... Read More »
20 August 2026, 2:34 am
Transocean (RIG) secures a $300M contract from India's ONGC for the Dhirubhai Deepwater KG2 drillship, starting Q1 2027 with extension options to 2031.... Read More »
6 August 2026, 7:42 am
Louisiana is home to the world's only offshore drilling rig that's open to the public. Here's where you can take the tour.... Read More »
24 July 2026, 1:48 am
The last place most people would expect to find a thriving marine ecosystem is beneath an abandoned offshore oil rig. Built to drill for crude oil and often criticised for their environmental impact, ...... Read More »
18 March 2026, 1:09 am
Transocean is positioned as a structural beneficiary of a secular offshore drilling upcycle, driven by deep supply-demand imbalances. A decade of underinvestment and rig retirements has halved global ...... Read More »
9 February 2026, 7:30 am
Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. The transaction implies a combined enterprise value of ~$17B based on the stock’s most recent closing ...... Read More »
29 December 2025, 3:45 pm
Oil rigs, particularly the offshore type, are one of the most fascinating parts of the global energy industry. How do they work? How big can they get? Do they float on water? It's not surprising that ...... Read More »
1 October 2025, 5:03 am
Transocean was the only major offshore driller to make it through the last downturn, keeping its premium fleet intact in a consolidated market. Even using conservative estimates, the replacement cost ...... Read More »
20 January 2021, 2:00 am
It has just been reported that SpaceX has bought two oil rigs from the now-bankrupt offshore drilling contractor Valaris. Located near SpaceX’s deployment site in Brownsville, Texas, the two deepwater ...... Read More »
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