Transocean’s Deepwater Expedition, Transocean Legend, Transocean Rather, and GSF Arctic III are all heading to the scrapyard according to the company’s latest fleet status update. This list adds to the eleven rigs identified last December for scrapping.
The company also notes that four of their ultra-deepwater rigs have just been officially stacked including the Discoverer Spirit, GSF Jack Ryan, Deepwater Discovery, and Deepwater Pathfinder.
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King Charles III's Crown Estate, which owns Britain's seabed, has given the go-ahead to expand high-density wind farms on current seabed leases, seeking a rapid and space-efficient way to raise capacity and support the country's energy transition.
Tech giant Google has signed a power purchase agreement (PPA) with Shell to extend the operational life of the Netherlands’ first offshore wind farm. The historic agreement marks the first...
COPENHAGEN, May 7 (Reuters) – Orsted will no longer build a major offshore wind farm in Britain, it said on Wednesday, citing a deteriorating global business environment for renewables and dealing a blow...
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