Aker Solutions has been awarded another contract for delivery of a deepwater drilling riser system to Daewoo Shipbuilding & Marine Engineering. Contract value is approximately USD $35 million. The ...

Ideal for ultra-deepwater environments ... and production materials during the production phase of development; drilling risers transfer mud to the surface during drilling activities.

The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, regulatory approvals, and capital discipline. Despite the delays, the long ...

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India's Vedanta-owned Cairn Oil & Gas is preparing to launch a multi-well exploration drilling campaign early next year in the country’s gas-rich Krishna Godavari basin and has hit the market ...