The sun’s power is virtually infinite — opportunities to collect and make use of it are not. As demand for renewable energy increases, so does the need for places to generate it. This need has set off ...

The offshore rig market is experiencing a period of rapid growth, driven by notable advancements in Guyana, Brazil, and the Middle East, infill drilling activities in West Africa, and renewed ...

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 ...

As SpaceX focuses on sending its giant Starship into orbit next month from Boca Chica, it’s stepping away from the notion of conducting launches from offshore platforms in the Gulf of Mexico — for now ...

This week's offshore rig review looks at the combined Transocean-GlobalSantaFe fleet in comparison with other drilling contractor's fleets. With the recent announcement of the proposed merger of ...

The plane sent out by Diamond Offshore Drilling after Hurricane Lili passed made the dismaying discovery that there was only empty water where the drilling rig Ocean Lexington had been. It immediately ...

He added that the drilling operation would be probably launched in one of the oil blocs of the Caspian Sea by the end of the current Iranian year, falling on March 19, 2005. “By starting the drilling ...

The contractor posted net income for the period of $174 million, or $0.68 per share, compared with $127.6 million, or $0.50 per share, for the same period a year ago. The most recent quarter included ...

Editor's Note: This piece was first published at Reasons to be Cheerful, a non-profit editorial project that features uplifting stories. The sun’s power is virtually infinite — opportunities to ...

SOLUTIONS: As demand increases, acreage becomes an issue – until now. The sun’s power is virtually infinite. But opportunities to collect and make use of it are not. As demand for renewable energy ...