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Offshore Mining & Drilling News

    Global rig count shows exploration pressures

    A snapshot of mineral exploration drill rig use in major mining regions globally has revealed Australia, the United States and parts of South America...

    Mining the deep oceans – the main players

    DEEP-sea mining involves a collection of government, inter-government, industry, scientific, academic, civil society and other interests. Exploration As of January 2020, the International Seabed Authority (ISA) has issued...

    For deep-sea mining, battery technology is the ultimate x-factor

    DEEP-sea mining is frequently framed as a race to the seafloor. While that is not technically true–deep-sea mining has, in fact, been incredibly slow...

    Deep sea mining may be step closer to reality

    THE tiny Pacific nation of Nauru has created shockwaves by demanding that the rules for deep sea mining are agreed in the next two...

    Transocean deploys patented HaloGuard℠ drill floor technology

    TRANSOCEAN Ltd. has announced the successful deployment of HaloGuard℠, the offshore drilling industry’s first safety system that integrates a wearable locating device with drill...

    The quick lifting ring – QL.DSR

    THE QLR (Quick Lift Ring) or QL.DSR is a double swivel ring that allows particularly fast anchoring. At the push of a button, it can be fixed in the...

    Mozambique has a new challenge – terrorism

    MOZAMBIQUE is no stranger to political instability. The three-year insurgency in Cabo Delgado province has to date killed more than 2,600 people and displaced...

    Total produces first oil from Zinia 2 tieback offshore Angola

    Total has started production from the Zinia Phase 2 short-cycle project in block 17 offshore Angola. TOTAL has started production from the Zinia Phase 2 short-cycle project...

    Maersk Drilling divesting jack-ups

    MAERSK Drilling has sold the jack-up rig Maersk Guardian (now named Guardian) to New Fortress Energy, and the parties have further entered into an...

    Drillers see positive signs in rig markets

    MARKET prospects continue to improve for Maersk Drilling’s rig fleet, according to the company’s latest results statement. Market prospects continue to improve for Maersk Drilling’s rig...

    Offshore Mining & Drilling News

    Offshore mining and drilling news on Cape Business News (CBN) covers innovations in extraction technology, safety standards, and environmental compliance critical to offshore operations. This sector’s news includes insights into equipment advancements, regulatory changes, and best practices in drilling and resource extraction. CBN’s coverage supports companies in maintaining operational safety, reducing environmental impact, and staying compliant with international offshore standards.

    MUST READ

    Cummins secures contract to maintain Transnet’s aging tugboat fleet

    By Larry Claasen CUMMINS’ seven-year contract to maintain Transnet’s tugboats not only cements its decades-long relationship with the transport authority but also positions the company...

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