Chevron Bets on Long-Term Oil Demand Despite Oversupply Fears

When warnings abound about an imminent collapse in oil prices, one would

This week, researchers at Australia’s Southern Cross University and CSIRO gave hope that millions of coral larvae on the Great Barrier Reef can help replenish degraded reefs thanks to the development of

Seaspan Shipyards has officially delivered the Offshore Oceanographic Science Vessel (OOSV), CCGS Naalak Nappaaluk, to the Canadian Coast Guard (CCG).The OOSV is the fourth large vessel, and second class of ship, to

ABS issued approval in principle (AIP) to Samsung Heavy Industries (SHI) for its HyfloWind Float, a hybrid floating offshore wind structure designed to enhance production…

Suriname's Staatsolie has approved the commercial declaration of the Sloanea gas discovery by Malaysia's Petronas at one of the country's most promising offshore areas…

Marine geophysical services company PXGEO has signed two significant contracts with Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin…

Saipem has launched the LiSa Hyper Harness, a smart safety harness equipped with sensors and artificial intelligence designed to enhance worker safety during operations at height…

Ocean Power Technologies (OPT) has partnered with Mythos AI to integrate advanced artificial intelligence autonomy software across OPT’s WAM-V autonomous surface vehicles and PowerBuoy platforms.The partnership aims to enhance OPT’s operational…

Singapore-based engineering group Seatrium has reported strong execution in the third quarter ended September 30, 2025, bolstered by major offshore and wind project deliveries…

Dutch oil and gas services company SBM Offshore increased its annual earnings outlook for the second time this year on Thursday, lifting its shares, as operating performance improved…

From Egypt to Kazakhstan, the foreign assets of Russian oil major Lukoil LKOH.MM are attracting potential bidders as time runs out to clear deals before U.S. authorities enforce sanctions…

BP is in active negotiations with investment firm Stonepeak over the sale of its Castrol lubricants unit, according to two people with knowledge of the situation…