U.S. oil & gas company Chevron has awarded Subsea7 with yet another contract, this time for subsea installation activities in the Mediterranean Sea. Subsea7 reported on February 9 that it had been tasked with the transport and installation of approximately 17 kilometers of subsea flowlines and umbil
Transocean has made a multibillion-dollar merger move on Valaris to breathe life into a combined company with a diversified offshore fleet of 73 rigs, including 33 ultra-deepwater drillships, nine semi-submersibles, and 31 modern jack-ups, to meet emerging growth opportunities.
