Opinion
Stockhead on MSNOpinion

Stocktake: QMines deploys floating rig to unlock Mt Chalmers copper-gold

For decades, deep water inside the old open pit made it impossible to drill directly underneath using traditional land-based rigs. ... Read More The post StockTake: QMines deploys floating rig to ...
Interesting Engineering on MSN

World-first 16MW typhoon-resistant wind platform starts powering oil rigs in China

China’s first tension-leg platform (TLP) floating wind farm entered operation on Thursday, marking a ...
Business Wire

Industry Still Awash in Rigs and Bullishness Needs Tempering Despite Rising Day Rates for Harsh Environment Floating Drilling Rigs and a Modest Growth Outlook, IHS Markit Says

According to the IHS Markit Floating Rig Report and IHS Petrodata RigPoint database, average new fixture day rates for all floating rigs climbed by 12 percent year-over-year through September 2018, ...
Futurism

SpaceX Bought Two Huge Oil Rigs to Use as Floating Launchpads

Add Futurism (opens in a new tab) More information Adding us as a Preferred Source in Google by using this link indicates that you would like to see more of our content in Google News results. The ...
Marine Link

Esgian Week 37 Report: New Contracts for Floating Rigs

Transocean Ltd. has secured a 365-day contract for the 12,000-ft drillship Deepwater Atlas with bp in the US GOM. Norwegian operator Aker BP has extended the contract for Saipem’s 10,000-ft semisub ...
Oil

WoodMac: Floating rig utilization rebounds to pre-COVID levels

According to a recent Wood Mackenzie report, floating rig utilization has rebounded to levels last seen before the COVID-19 pandemic, with rates experiencing a 40% surge over the past year. According ...
Houston Chronicle

Even new offshore rigs aren't immune to the pandemic oil bust

The Noble Jim Day dwarfed the small tugboats pushing the hulking offshore oil rig down the Corpus Christi Ship Channel and out into the Gulf of Mexico. The floating rig — one of the world’s largest at ...