Offshore

Saipem and Subsea7 have signed a binding merger agreement to create a global powerhouse in energy services. The resulting entity, to be named Saipem7, will

Shares of TechnipFMC PLC, one of the world’s biggest makers of offshore oil gear, surged to the highest in a decade on signs of a robust outlook that

Equinor has reported a significant impairment of $763 million related to its Empire Wind 1 offshore wind project and South Brooklyn Marine Terminal development

The leader of one of the most aggressive seabed mining startups spent years invoking global warming to spark interest in extracting avocado-sized rocks rich in

Bibby Marine has marked a significant milestone with the keel laying ceremony for its first e-CSOV (commissioning service operation vessel) at Armon Shipyard

By Arunima Kumar July 18 (Reuters) – Exxon Mobil XOM.N has lost its arbitration challenge to block Chevron’s CVX.N $55 billion Hess HES.N

Offshore wind installation specialist Cadeler has taken delivery of its newest jack-up vessel, Wind Keeper, ahead of schedule and simultaneously secured a

The New York State Public Service Commission has terminated its offshore wind transmission planning process due to stalled federal permitting, to protect

Danish energy company Ørsted has successfully secured financial close on a TWD 90 billion (approximately USD 3 billion) project finance package for its 632 MW

(Bloomberg) — China has rebuilt a substantial pipeline of offshore wind projects as the sector recovers from a slowdown that followed the end of national

President Donald J. Trump signed an Executive Order on Monday aimed at eliminating subsidies for wind and solar energy in furtherance of the recently enacted

PARAMARIBO, July 5 (Reuters) – Petronas will begin drilling on Sunday, the first of three wells in an exploration campaign aimed at finding

Copenhagen-based offshore wind installation specialist Cadeler A/S (NYSE: CDLR / OSE: CADLR) announced today that Ørsted A/S has terminated their long-term

The Crown Estate, which manages King Charles' public property, reported an annual net profit of 1.15 billion pounds ($1.57 billion) on Tuesday, similar to

Equinor has officially launched the Service Operations Vessel (SOV) ECO Liberty for deployment in its Empire Wind offshore wind project in New York. The

The UK North Sea energy landscape is set for a major transformation with the announcement of Adura, soon to become the region’s largest independent oil

The Department of the Interior has announced new policy measures to accelerate the exploration and development of offshore critical minerals essential for the

The Bureau of Ocean Energy Management (BOEM) has announced a Proposed Notice of Sale for Lease Sale 262, offering approximately 15,000 unleased blocks across

Britain has issued tougher new environmental rules for fossil fuel projects with implications for the development of two vast North Sea oil and gas fields by

The Governors of North and South Carolina have joined forces to advocate for maintaining the moratorium on offshore drilling along their states’