China-based offshore drilling contractor China Oilfield Services Limited (COSL) said this week it had agreed to buy four jack-up drilling rigs from Dalian Shipbuilding Offshore.COSL's subsidiaries have agreed to buy four JU2000E jack-up drilling rigs at a total contract price of RMB3,251.6 million (around $445,3 million) excluding tax, with each rig costing RMB 812.
Japan's Mitsui & Co said on Friday it had finalized a plan with Canada's Northland Power Inc. to build a 1 gigawatt (GW) offshore wind farm in Taiwan at an estimated cost of 960 billion yen ($6.
India's state-run Oil and Natural Gas Corp wants to eventually receive a share of crude from a Russian project it partly owns, but is willing to wait because Russian oil is hard to ship right now
Chevron said on Thursday it had accepted recommendations from Australia's labor regulator to end its dispute with unions at its liquefied natural gas (LNG) facilities in Western Australia.
Digitalization in the maritime industry continues to grow. Technology is constantly evolving, providing organizations with new ways to transform and manage their operations with adoption of
Valeura Energy Inc., the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, on Wednesday announced the departure from its board of directors of
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