The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, ...
Italian oil services firm Saipem (BIT:SPMI) and Norwegian competitor Subsea 7 (OL:SUBC) are merging in a $4.63 billion deal to form an offshore energy powerhouse. The announcement sent Subsea 7 shares ...
Subsea7 S.A. SUBCY, an offshore engineering and construction services provider, recently announced that it has agreed on the key terms for a potential merger with Saipem S.p.A, an Italian oilfield ...
Galp has announced a new significant light oil and gas-condensate discovery offshore Namibia, further solidifying the ...
On a frigid morning on the Black Sea the sun is glaring into the quiet navigation room of the massive semi-submersible ...
This is important, because any delays to the delivery of infrastructure means energy bills for everyone would be higher. An offshore grid would also mean new onshore infrastructure.
As the world increasingly turns towards renewable energy sources to combat climate change, offshore wind farms have emerged ...
Siemens Gamesa laid the foundation stone for its factory extension in Le Havre, north-west France, dedicated to the ...
If it remains in place, the president’s order will add deep uncertainty to the future of a nascent industry that could ...
Oyster Hubs at the Hollandse Kust West (HKW, site VI) wind farm. Developed under Van Oord Ocean Health, these initiatives aim ...
President Donald Trump has signed an executive order formally creating a National Energy Dominance Council and directed it to ...