RIG holds a strong position in offshore drilling with high demand and innovative technology, but its high debt and financial losses could affect growth prospects.

European supermajor Shell has taken a final investment decision for the Gato do Mato project in the deepwater section of ...

Aker Solutions has been awarded another contract for delivery of a deepwater drilling riser system to Daewoo Shipbuilding & Marine Engineering. Contract value is approximately USD $35 million. The ...

FTI and Cairn Oil & Gas join forces to accelerate future deepwater projects in India using cutting-edge subsea technology and execution models.

This collaboration leverages TechnipFMC's engineering prowess and integrated project execution model, aiming to enhance ...

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Cairn Oil & Gas has partnered with TechnipFMC to enhance deepwater exploration in India. The collaboration aims to leverage ...

Beacon Offshore is joined by HEQ Deepwater and Navitas Petroleum in ... to be accomplished via a three-mile flowline and dedicated riser connection to the Shenandoah FPS. Shenandoah South is ...

TechnipFMC plc FTI and Cairn Oil & Gas have entered into a strategic alliance to fast-track deepwater projects in ... and Subsea Umbilicals, Risers and Flowlines (SURF) work scopes.

ExxonMobil contractor SBM Offshore has signed EnerMech to carry out pre-commissioning work on the One Guyana FPSO for Guyana Deepwater Operations ... including offshore risers leak testing ...