Kuala Lumpur: Malaysia’s UMW Oil & Gas has inked a $20m rig contract with Frontier Oil Corp, which will use the former's UMW Naga 7 jack-up rig for its drilling operations in Calauit field, the ...

The Endeavour is owned by Kenai Offshore Ventures, LLC (Kenai Offshore), which is a joint venture between Buccaneer, Singapore-based Ezion Holdings Limited and the Alaska Industrial Development and ...

Aker BP ASA drilled a dry well in the Bounty Updip prospect in the Norwegian Sea. Wildcat well 6306/6-3 S, the second in production license 886, was drilled using the Scarabeo 8 drilling rig to a ...

Transocean's high-spec fleet and long-term contracts position it to outperform peers despite cyclical downturn in offshore ...

Sumitomo Corporation acquires 50% stake in Estonia's first offshore wind farm project. Find the latest news from the maritime industry on the PortNews website.

Seatrium secures jack-up rig contract with International Maritime Industries. Find the latest news from the maritime industry on the PortNews website.

It is 70 years since Seatrium designed and built the world's first independent leg jack-up drilling rig, and it has designed ...

A year ago, 313 rigs were active in the region. Nationally, the oil and gas rig count is up four from last week at 586 rigs. A year ago, 623 rigs were active. The count shows that 480 rigs sought ...

gas rigs down 21 and miscellaneous up 3. The U.S. Offshore Rig Count is up 1 to 14, down 7 year-over-year. The Canada Rig Count is down 9 from last week to 249, with oil rigs down 9 to 177 ...

Cadeler is the world’s leading offshore wind turbine transportation and installation company, with a fleet of six jack-up vessels currently in operation and five newbuilds scheduled to be ...

BC-Wind is an offshore wind farm with a capacity of up to 500 MW. It is located approximately 23 km from the Polish coastline, north of the Pomeranian Voivoideship in Poland. It is Ocean Winds' first ...