FEB, along with the other shareholders of MENAdrill, is today celebrating the floating of its first ... the two Super M2 jackup rigs based on a new design developed by Friede & Goldman, one ...

Now, semisubs are the most stable of any floating rig ... are chosen for their stability. The design concept of partially submerging the rig lessens both rolling and pitching on semisubs.

Floating Production Storage and Offloading vessels, or FPSOs, are offshore production facilities that house both processing equipment and storage for produced hydrocarbons. The basic design of ...

If the ministry decides on the floating platform option, it would not only have to buy a ship or oil rig but will also need funds for retrofitting. If a ship is used, maintenance costs will also ...

NEW DELHI: The US Navy has embarked on an innovative yet contentious project to transform surplus oil rigs into mobile missile ... oil platforms into large floating island bases that can operate ...