This strategic move is designed to counter China's dominance in the sector at a time of crisis in bilateral relations. The ...

Energy and Natural Resources Minister Alparslan Bayraktar said the planned drilling will be carried out in ultra-deep waters off the Somali coast, where sea depth reaches about 3,480 meters, followed ...

Japan would tomorrow embark on what it said is the world’s first bid to tap deep sea rare earths at a depth of 6,000m — greater than the height of Mount Fuji — to curb dependence on China. A Japanese ...

BEIJING, Dec 18 (Reuters) - China will on Friday conduct sea trials for its first ocean research drilling vessel, capable of drilling at depths of more than 10,000 metres (32,800 feet), a key step ...

If you liked this story, share it with other people. Norway’s plans to mine seabed minerals in Arctic waters remain in limbo after the first licensing round was delayed in December 2024. However, the ...

On Feb. 7, members of the European Parliament voted in favor of a resolution that raises concerns about Norway’s intentions to begin deep-sea mining activities. Although the resolution doesn’t hold ...

The UK North Sea is becoming a happy hunting ground for a Norwegian offshore drilling company with a fast-growing backlog for its deep-water drilling units. Oslo-listed Dolphin Drilling has a ...