Valaris Limited has agreed to sell its jackup VALARIS 247 to BW Energy for cash proceeds of approximately $108 million. This sale is expected to close in the second half of 2025. The VALARIS 247 is a 27-year-old jackup rig currently operating offshore Australia.
Techouse tests offshore steam generator designed to cut CO₂ emissions by 25%
Techouse has completed testing of a compact once-through steam generator designed for offshore oil...
