
A proposed merger between Italy’s engineering, drilling, and construction services giant Saipem and the Luxembourg-domiciled Subsea7 is facing deeper scrutiny in the European Union (EU) over offshore market concentration due to subsea umbilicals, risers, and flowlines (SURF) and carbon capture and s

BP, a UK-headquartered energy giant, has tucked a new milestone under its belt with the arrival of the first jacket at the installation site in Indonesia out of four offshore pieces undergoing construction for a project featuring enhanced gas recovery (EGR) through carbon capture, utilization, and s