SubCom recognized a historic organizational milestone: the deployment of more than one million kilometers of subsea cable. At a ceremony held at SubCom’s campus in Newington, CEO David Coughlan accepted a special
National Grid Takes $402 Million Hit on Paused New York Wind Project
National Grid booked a multi-million impairment charge on a paused U.S. wind project, but said on Thursday it was on track to invest 60 billion pounds ($79.74 billion)…
Mitsui’s STATS Rolls Out Titanium Connector for Oil and Gas Sector
STATS Group, a wholly owned subsidiary of Mitsui & Co, has developed
Libya's Latest Oil and Bidding Round Attracts Over 40 Applicants
Libya’s latest upstream licensing round has already attracted more than 40 applicants,
Indonesia Grants Approval to Kuwaiti Firm for Anambas Block in Natuna Sea
The Kuwait Foreign Petroleum Exploration Company (KUFPEC) has secured approval for its development of the Anambas block in Indonesia, where it aims to acquire more projects…
Topside for Hollandse Kust (west Beta) Substation Set to Sail to Final Location
Two weeks after the successful load out, the steel topside for the Hollandse Kust (west Beta) substation platform is ready to leave the port of Hoboken near Antwerp…
Aramco Inks Multiple Deals with US Firms Worth $90B
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed 34 memoranda of understanding (MoUs) and agreements, with a potential total value of approximately $90 billion…
PBS Nets O&M Contract Extension with TotalEnergies for North Sea Assets
Scotland-based PBS has secured extension of its General Maintenance and Operations Contract (GMOC) with TotalEnergies after the operator exercised an option to retain…
DEME Acquires 50% Stake in BAUER Offshore Technologies
DEME Offshore Holding, a wholly owned subsidiary of DEME Group, has acquired
Eni Starts Negotiations with Ares for Plenitude Stake Sale Based on $13B Value
Italy’s Eni has signed an agreement to enter into a period of
ADNOC’s XRG Partners Up with Petronas for Offshore Gas Block in Caspian Sea
XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), Petronas and
Nauticus Robotics Reports Strong Start to 2025
Nauticus Robotics announced its financial and operational results for the quarter ended March 31, 2025, citing solid momentum.President and CEO John Gibson commented, "Our offshore season launched in Q1 with solid momentum
- Stakeholders Wary of Partial Decommissioning of Offshore Wind Farms
- Panamanian Seafarer Employment Sees 12% Growth in Early 2025
- First European Built CO2 Carrier for CCS Projects Officially Launched
- ADNOC’s XRG Partnres Up with Petronas for Offshore Gas Block in Caspian Sea
- CorPower Ocean to Develop 5MW Wave Energy Farm off Scotland
- SLB Launches New Well Completions Tech to Boost Production