
Transocean has made a multibillion-dollar merger move on Valaris to breathe life into a combined company with a diversified offshore fleet of 73 rigs, including 33 ultra-deepwater drillships, nine semi-submersibles, and 31 modern jack-ups, to meet emerging growth opportunities.

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured an investment of up to $50 million to establish an autonomous robotics manufacturing and offshore services hub in the UAE. Nauticus Robotics has signed an agreement for a strategic investment of up t