Gulf Island Fabrication has reported strong third-quarter results with revenue of $51.5 million and adjusted EBITDA of $2.5 million, despite softer trends in its services business…

Kraken Robotics Inc. announced the appointment of BlueZone Group as an authorized reseller of Kraken Synthetic Aperture Sonar (SAS) and the KATFISH towed SAS platform in Australia and New Zealand.This year, Kraken

TADEK Ocean Engineering, a UK offshore engineering consultancy delivering front-end advisory, through-project delivery solutions and naval architecture analysis…

Japan-based submarine cable installation specialist, SEKIKAIJI Industry, has expanded its capabilities with the purchase of new trenching equipment from subsea technology and services provider…

Iceland has designated the potential collapse of a major Atlantic Ocean current system a national security concern and an existential threat, enabling its government to strategize for worst-case scenarios, the country's climate minister told Reuters.The

Eneos Holdings, Japan's top oil refiner which has been expanding into renewable energy, on Wednesday warned of the surging cost of developing its offshore wind project…

Singapore-based Mooreast Holdings is set to begin feasibility studies to develop up to 500 MW of large-scale renewable energy projects in Timor-Leste.The feasibility studies…

Norwegian marine seismic survey services firm SeaBird Exploration, part of SED Energy Holdings, has secured a contract extension for its Fulmar Explorer seismic survey vessel.The three-month contract extension for ocean bottom node

Viridien, in collaboration with TGS, has made available the early out results from the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America.The initial 5Hz Acoustic

IEA’s Bullish Oil Scenario a Wake-Up Call for Climate Action

The International Energy Agency’s latest outlook signals that oil demand may continue

Nigeria to Launch 2025 Oil Licensing Round in December

Nigeria will begin a fresh round of oil licensee auction from next

Equinor has closed the sale of a 40% operated interest in the Peregrino field in Brazil to PRIO. Following this transaction, PRIO assumes full operatorship of the field…