CAI has learned that the offshore wind developer Vineyard Offshore is eliminating 50 positions, some of them through layoffs.

Christened the MP Wind Archer, the CSOV is expected to start contributing to the company’s earnings from 2HFY2025.

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today announced several fleet rationalization actions and issued a ...

This collaboration aims to enhance client services and strengthen their competitive edge in the offshore drilling sector.

Transocean Ltd. (NYSE: RIG), which has its U.S. headquarters in Houston, has named a new CEO for the first time in a decade.

PTTEP has served Lang Lebah bidders with an abort notice, cancelling the bid process for up to five EPC packages ...

But President Donald Trump’s return to power has cast doubt on the future of the most monumental anti-kleptocracy reform push ...

The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from ...

The Kropotkinskaya facility of the Caspian Pipeline Consortium--which transports oil from Kazakhstan's Tengiz field to the Russian Black Sea port of Novorossiysk, where tankers are loaded for global ...

“Great Lakes had an outstanding 2024, with strong project performance and exceptional financial results,” said Lasse ...

Diana Shipping-backed start-up Windward Offshore has clinched €182m ($190m) in post-delivery financing for its new offshore ...

Petrobras (NYSE:PBR) said Monday it started production at the Buzios 7 project, the company's sixth project in the Buzios ...