Kongsberg Maritime is marking 50 years since the introduction of its first dynamic positioning (DP) system, a Norwegian innovation that transformed offshore operations and set new standards for safety ...

Teekay will buy the HiLoad unit for about $55 million and will pay about $4.4 million for the ownership interest in Remora. The HiLoad unit is a self-propelled dynamic positioning system that attaches ...

The inclusion of dynamic positioning systems has become a standard and necessary system on supply boats and many crew/supply vessels. In their simplest form, dynamic positioning systems allow an ...

While offshore drilling in shallower waters allows a jackup to position itself on the sea floor above the location, drilling in deepwaters requires the rig, whether a semisub or a drillship, to float ...