The Special Adviser on Energy to President Bola Tinubu, Olu Verheijen, has stated that Nigeria is poised to secure an ...

Subsea7 S.A. SUBCY, an offshore engineering and construction services provider, recently announced that it has agreed on the key terms for a potential merger with Saipem S.p.A, an Italian oilfield ...

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

Transocean's fleet status report added $175 million in new contracts, but investors were unimpressed, leading to the stock ...

Exxon Mobil and partners Mitsui and Woodside Energy said they plan to spend nearly $200M on the Kipper 1B project offshore ...

Italian energy-services provider Saipem will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company focused on drilling, engineering and construction.

Freire Shipyard in Vigo, Spain, has now delivered the 42 meter, DP2, diesel electric maintenance support vessel ordered by ...

Exxon Mobil’s Australian subsidiary is set to invest close to $200 million into the Kipper 1B gas project. This investment ...

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 ...

National Ocean Industries Association President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) rescinded NTL ...

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

Cyan Renewables has confirmed Vard Vung Tau shipyard in Vietnam has laid the keel of the company’s first newbuild service ...