The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, ...

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal that will create a leading European ...

Italian oil services firm Saipem (BIT:SPMI) and Norwegian competitor Subsea 7 (OL:SUBC) are merging in a $4.63 billion deal to form an offshore energy powerhouse. The announcement sent Subsea 7 shares ...

However, this action may take a while to implement and could face legal challenges, all while the Gulf economy and everyday ...

After several months of anticipation, on January 31, 2025, the Government of Canada, in partnership with the Government of ...

As a leader in offshore energy, Julius Rone, CEO of UTM Offshore, is confirmed to speak at the upcoming Invest in African Energy (IAE) 2025 Forum in Paris. UTM Offshore is currently playing a pivotal ...

Dutch oil and gas services firm SBM Offshore beat 2025 guidance expectations on Thursday, citing three new awards boosting its contract backlog.

SmartSea and Digital Energy AI have formed a strategic partnership to revolutionize how AI enhances operational efficiency, predictive analytics and standardization in the marine and offshore energy ...

As the world increasingly turns towards renewable energy sources to combat climate change, offshore wind farms have emerged ...

Suriname's oil and gas sector is experiencing a surge in investment and exploration, with major projects and significant ...

Find insight on the proposed merger of Saipem and Subsea7and more in the latest Market Talks covering energy and utilities.

Empire Wind 1 is located 15-30 miles southeast of Long Island and spans 80,000 acres. With a contracted capacity of 810 ...