Modu News

 

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

Nov 20, 2024

Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed a strategic cooperation agreement with Dalian Shipbuilding Offshore (DSOC) to deliver latest semi-submersible units, specifically tailored to meet the criteria for operations in Chinese waters.The initial phase of the partnership will introduce the newly developed ExD 1000M to the market.This design features F&G’s innovative rig arrangements and mooring system setup…

West Africa Market Harbors Positive Potential for MODU Operators

Jun 14, 2022

The region could be a key growth market for the oil and gas industry going forward, writes Joshua Belo-Osagie, Maritime Strategies International (MSI).Improving sentiment surrounds energy market prospects offshore West Africa, the positive mood underpinned by higher oil prices…

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