Prysmian has boosted its transmission business with the completion of the expansion works at its subsea power cable factory in Finland and the naming ceremony for the newest addition to its cable laying vessel (CLV) fleet.
Given its belief in the assets’ gas potential, Africa-focused energy company Chariot has retaken the operator role at two Moroccan offshore licenses from London-based oil and gas player Energean.
Against the backdrop of supply chain challenges, elevated prices, trade wars, and geopolitical and economic pressures, four oilfield services giants – Italy’s Saipem and U.S.-headquartered Baker Hughes, Halliburton, and SLB – have reported a combined profit of $1.49 billion in the first quarter of 2
Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, is closing in on the start-up of Germany’s second terminal in Wilhelmshaven.
Energos Infrastructure has landed a long-term deal for liquefied natural gas (LNG) services, which will enable its floating storage and regasification unit (FSRU) to work in the Dominican Republic, North America.
COSCO Shipping Bulk, a subsidiary of Chinese conglomerate COSCO Shipping, is expanding its fleet with a new shipbuilding order for two ammonia and methanol-ready bulk carriers.
Canada-based oil and gas company Valeura Energy has taken a final investment decision (FID) on the development of its 100%-owned field offshore the Gulf of Thailand.
Italy’s energy giant Eni has brought online a natural gas field as a subsea tie-back to its floating production unit (FPU) in the Kutei Basin off the coast of Indonesia.
Equinor Low Carbon Solutions, a subsidiary of Norway’s state-owned energy giant Equinor, has drilled two appraisal wells in the Norwegian sector of the North Sea, which are said to possess suitable properties for the injection and storage of carbon dioxide (CO2).
The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 17 marine energy projects through its fifteenth request for technical support (RFTS), allocating over $2.3 million in assistance. Technical support recipients (TSRs) will gain access to numerical modeling,
Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.
Norwegian high-tech hydrogen company Hystar has raised more than $36 million in its Series C funding round to accelerate the commercial scale-up of its electrolyzers.
Prysmian Group has confirmed the wrap-up of the installation works related to the first submarine cable of the eastern branch of an electricity interconnection between Campania, Sicily, and Sardinia.
Aker BP has secured drilling permits for three exploration wells in the North Sea off the coast of Norway, which will be drilled this month with a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.
