TGS announces that it has obtained commercial authorization from the Mexican regulator, Comisión Nacional de Hidrocarburos (CNH), to process its entire library of more than 30,000 wells in Mexico.
The West Hercules semi-submersible rig has been contracted for drilling two exploration wells in the Barents Sea in 2018, and options to drill another five exploration wells.
There are signs of green shoots after a period of depressed sentiment that started in late 2014, pushing asset values downwards through 2016.
Watch the video of the oil rig Transocean Winner drilling rig carrying 280 tonnes of diesel ran aground off Dalmore Beach on the Isle of Lewis, Scotland .
Watch a terrifying footage recorded by offshore worker James Eaton, showing huge waves crashing against a swaying oil rig, as a severe storm hits the North Sea.
The world’s biggest heavy-lift ship is longer than three football fields and can carry some of the heaviest and largest objects on earth – including oil rigs, submarines and lots of shipping containers.
Dredging is the process of removing silt from the floor of any ocean body in order to make the waters easily accessible for ships and other types of vessels.
Life on an oil rig is not at all a bed of roses. Though an oil rig has all the amenities that a five star hotel has, the lifestyle one faces is extremely tough and hostile.