As of recently, deepwater self-propelled drilling vessels were considered “MODUs”, or mobile offshore drilling units. Recent changes to flag state classification rules now classify these vessels as “Dynamic Positioning Vessels”, thus changing the manning requirements significantly.
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The U.S. Coast Guard has released footage documenting the final moments of OceanGate’s Titan submersible, capturing the instant the vessel was lost during its descent to the Titanic wreck site....
Equinor and Polenergia have reached financial close on their Ba?tyk 2 and Ba?tyk 3 offshore wind projects, securing over €6 billion in project financing. The joint venture partners, with equal...
The Department of Interior has initiated its first mineral lease sale evaluation in over 30 years, targeting deep-sea critical minerals in waters offshore American Samoa. This groundbreaking move comes as...
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