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Tag: offshore

Transocean looks to raise $400m

Offshore driller Transocean is looking to benefit from a continuous rise in its stock price in the past months by setting up a plan to raise additional cash. The company has recently entered into an equity distribution agreement with Jefferies…

China’s first floater foundation launched

China’s first floating wind foundation platform rolled out yesterday from the Wison Offshore & Marine yard in Zhoushan. The 91-metre by 32-metre semisub foundation will be used to mount the world’s first typhoon-resistant floating wind turbine. The trailblazing floater will…