Under the contract scope, McDermott will execute the transportation and installation of flexible pipelines, umbilicals and ...

TradeWinds is the essential source of global shipping business news and commentary. Our subscription service offers the ...

"McDermott wins offshore installation contract in Brazil" was originally created and published by Offshore Technology, a ...

Speaking of institutional flows, analysts noted that consistent purchases by Strategy (MSTR) and other companies are failing ...

Offshore oil production is expected to remain stable, or slightly growing in competitive regions like the Gulf of Mexico, Guyana, and Brazil, supporting stable demand for Tidewater’s services.

PBR partners with ABB and Seatrium to launch all-electric FPSOs, P-84 and P-85, redefining offshore oil production in Brazil.

Petrobras Halts Offshore Platform as safety problems found Brazil's Petrobras shut its P-58 offshore oil production platform after the country's petroleum regulator ANP found safety problems on board, ...

The Brazilian government has major plans for oil and gas extraction both in the Amazon Rainforest and offshore — including at the mouth of the Amazon River — with a drilling rights auction ...

Valaris emerges from bankruptcy with a cleaner balance sheet, high-tech rigs, and rising asset utilization. Click here to read why VAL stock is a Strong Buy.

Sable Offshore Corp. has restarted offshore oil production 10 years after the operation was shuttered following a major oil spill along Santa Barbara's coast.