Valaris Limited VAL, an offshore drilling services provider, has announced that it will permanently retire three semi-submersible rigs as part of its efforts to streamline its drilling fleet.

The world's largest crane ship ... Designed to assist offshore oil rigs, it reportedly cost around 2.97bn dollars to build. The Pieter Schelte was commissioned by Swiss company Allseas, which ...

The FPSO unit can process up to 225,000 barrels of oil and 12 million cubic meters of natural gas per day, Petrobras said in ...

A shipyard has completed the construction of the P-55, Brazil's largest offshore oil platform, which will have the capacity to produce 180,000 barrels per day (bpd) of crude, it was announced by ...

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Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

UAE-based shallow water drilling contractor Shelf Drilling has formed a strategic alliance with Arabian Drilling, the largest ...