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 ...

Vineyard Offshore, which is behind the Vineyard Wind 2 project, has eliminated 50 jobs. Here's why, and what it means for ...

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

If it remains in place, the president’s order will add deep uncertainty to the future of a nascent industry that could ...

Deal comes several years after the companies, active in the offshore oil and gas and offshore wind markets, first explored a ...

We acknowledge uncertainties,” but cite state’s economic strength and targets that extend beyond Trump’s term.

President Donald Trump has signed an executive order formally creating a National Energy Dominance Council and directed it to ...

ExxonMobil and its partners are investing nearly $200 million to develop a new natural gas project in Australia's Gippsland ...

The UK government unveiled reforms to speed up the rollout of renewable energy projects such as offshore wind as it targets a clean power system by 2030.