If the ministry decides on the floating platform option, it would not only have to buy a ship or oil rig but will also need funds for retrofitting. If a ship is used, maintenance costs will also ...

The BP oil rig in the Gulf of Mexico that exploded April ... In fact, many of today’s oil platforms are essentially floating cities that employ and house hundreds of people.

A huge floating offshore wind farm being developed offshore Scotland by Flotation Energy and Vargronn that will use up to 21 megawatt turbines to help decarbonise North Sea oil and gas has ...