Borr Drilling faces challenges with Q1/2025 losses, suspended dividends, and market pressures. Read why I am downgrading BORR ...

The Trump administration reversed a stop work order on construction. The Trump administration has reversed a pause on construction of a massive offshore wind project off the coasts of New York and ...

This may be an extreme case in terms of distance, but this vast structure (550 feet in length) reinforces the familiar notion that working on an offshore oil rig often means significant time far ...

Speaking of design, as notable as offshore oil rig construction is, it's nothing without solid blueprints behind it. Designing such structures is no small feat. Long before offshore oil rigs are ...

Valaris Ltd, the Bermuda-headquartered offshore drilling company, has agreed to sell its jack-up rig Valaris 247 to BW Energy for approximately $108 million in cash. The sale is expected to close ...

The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021. A variety of ...

About Valaris Limited Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra ...

The offshore drilling rig market is facing a challenging 2025 as dayrates continue to soften amid sluggish demand, but a potential 2026 recovery driven by tighter rig supply and rising offshore ...

The film likely serves as documentation or promotional material highlighting the platform's presence and operational capacity in offshore oil exploration. This may have been raw footage for a beer ...

The authors hope this finding will help decision ... when human-made platforms are decommissioned or new structures, like offshore wind turbines, are built. “This will become more relevant ...