The offshore drilling market is estimated to more than double in size by 2032, from $36.5 billion in 2023 to nearly $75 billion. Proponents of the technology, which involves subsea drilling for oil ...

Core pathway: complete offshore survival and medical clearances, add well control (drilling route) or marine/installation safety (production/installation route), then ...

HOUSTON & FORNEBU, Norway--(BUSINESS WIRE)--The merger of Baker Hughes’ (NYSE: BKR) Subsea Drilling Systems business (SDS) and Akastor ASA’s (Oslo: AKAST) wholly-owned subsidiary, MHWirth AS (MHWirth) ...

A Houston-based company has launched a new Remotely Operated Vehicle (ROV) for subsea operations.

Australian regulator NOPSEMA has begun assessment of Woodside Energy’s environment plans for Julimar Development Phase 3 Drilling and Subsea Installation. The Julimar field is located in Western ...

This acquisition will allow us to bring more value to our customers by significantly reducing lead times, increasing reliability, and providing 24-hour support. It's a big win for everyone involved.” ...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. SLB (NYSE:SLB) has secured major offshore drilling contracts with Mubadala Energy in ...

A new remotely operated vehicle (ROV) designed for 30-day continuous subsea operations has been developed by the Houston-based Oceaneering International. The vehicle, dubbed the Momentum Electric ROV, ...

The ambition is to build a strong subsea, drilling, well intervention and field development group capable of delivering products and services to operators and oil companies in Norway and ...

China National Offshore Oil Corp. Ltd. (CNOOC) successfully used extended-reach drilling (ERD) to produce shallow carbonate reservoirs in the Liuhua oil field, South China Sea. The Liuhua 11-1 oil ...