Teledyne Marine has announced advancements in customer service and support with investments in facilities, personnel, and global service locations.Key highlights of this expansion include:Enhanced facilities and staff in Kopavogur, IcelandNew AUV Repair

Petrobras Aims to Lure Chinese Investments to Brazil's Naval Sector

Brazilian state-run energy giant Petrobras seeks to attract fresh Chinese investments to

Phoenix International Holdings, Inc. announced that Scott Hansen has joined the company as Project Manager (PM) for the Autonomous Underwater Vehicle (AUV) Division…

Nexans to Deliver Subsea Cables for Second Malta-Sicily Interconnector

Nexans has secured a contract by Interconnect Malta (ICM) to deliver high-voltage

CNOOC Posts 7.9% Profit Fall Despite Output Growth

Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%,

LS Marine Solution has secured $15.8 million subsea cable laying contract for work at an offshore wind farm being developed by Taiwan Power Company (Taipower), off Taiwan…

Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%, weighed down by weaker oil prices, though higher output helped stem the decline.Net income for January-March was 36…

ExxonMobil, Egypt’s EGAS Bolster Mediterranean Oil Exploration Efforts

Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil have signed a memorandum

Akrake Petroleum, Rex International's indirect subsidiary, has signed contracts for a Mobile Production Unit (MOPU) and an Aframax tanker to be used as a Floating…

Technip Energies to Work on Qatar’s Largest Offshore Gas Field

Technip Energies has secured a detailed engineering design contract by India’s EPC

Norway Grants Drilling Permit for Aker BP’s Wildcat Well in North Sea

The Norwegian Offshore Directorate has granted Aker BP a drilling permit for

BP’s Profit Drops 48% in First Quarter 2025

BP on Tuesday reported a deeper-than-expected 48% drop in net profit to