Forum Energy Technologies (FET) has agreed a contract with a major shipbuilding group to supply a European navy with a remotely operated vehicle (ROV) system.Under the agreement, FET will deliver its Super
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Offshore drilling contractor Noble Corporation has completed the sale of five jack-up drilling rigs to Borr Drilling for $360 million.Under the transaction, Noble…
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The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 25/7-13 in production license 782 S…
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Brazilian state-run oil firm Petrobras PETR4.SA said on Wednesday its estimated proven reserves of oil, condensate and natural gas rose to 12.1 billion barrels of oil equivalent (boe) in 2025…
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Worley has been selected by Equinor to enter into a framework agreement to provide offshore support services for selected oil and gas facilities on the Norwegian Continental Shelf…
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GE Vernova said on Wednesday that its wind power unit might take about $250 million revenue hit this year due to installation delays at an offshore Massachusetts…
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Phoenix International is advancing modern commercial diving operations with Novasub, a Phoenix diving system designed around modularity, digital integration, and operational flexibility. Unlike traditional commercial diving systems built around large analog control
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MacArtney’s financial performance in 2024/25 reflects the industry demand for reliable, integrated solutions, as the year closed with revenue of USD$205 million (DKK 1,281 million), up from USD$173 million (DKK 1,082 million),
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Offshore wind installation contractor Cadeler has signed a preferred supplier agreement with an undisclosed client for the transportation and installation (T&I)…
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Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has received a variation order from a major national oil company…
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Norwegian oil and gas firm OKEA and its partners have discovered petroleum in the North Sea, off Norway.The well was drilled from the Brage installation, and the…
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German transmission system operator 50Hertz and offshore wind developer Skyborn Renewables have signed a platform cooperation agreement that clears the way for the…
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