Day: May 18, 2023

Climate Change
Environment
Featured

Transocean Reveals Additional Harsh Environment Contract Awards

Transocean Ltd. (NYSE: RIG) has secured additional contract fixtures for two of its harsh environment semisubmersibles in what is the latest development in the recovery of the offshore drilling industry from a prolonged downturn.  Combined, the fixtures represent a $113 million in firm contract backlog. The Transocean Endurance was awarded a multi-well plug and abandonment contract in […]

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Climate Change
Environment
Featured
Forests

From Wild Tiger Protection To Tonne-For-Tonne Carbon Offsetting: How The Shipping Industry Is Contributing To Environmental Sustainability And Carbon Neutrality

There is barely a sector in the world untouched by the need to reduce CO2 emissions in order to help the global community meet its Paris Accord agreements by 2050.  Transport has a major role to play in this goal. According to the International Energy Agency, the transport sector as a whole contributes a staggering 37 […]

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