Italy’s Eni has signed an agreement with Venezuela’s Ministry of Hydrocarbons and state oil company PDVSA to relaunch oil activities at the Junin-5 project in the Orinoco Belt…
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Hanwha Ocean and Leidos are collaborating to advance next-generation naval ship design, strengthen U.S. shipbuilding capacity, and pursue opportunities across global defense markets.Hanwha Ocean’s shipbuilding, combined with Leidos’ naval design and engineering
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GLO Marine appointed Thomas Wittlin as Chief Executive Officer, effective Q2 2026, signaling the start of a structured growth phase in which the company will evolve…
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The following article is an op-ed piece from CorPower Ocean, UK Marine Energy Council, Ocean Energy Europe and Professor Henry Jeffrey, Head of Policy and Innovation Group, University of Edinburgh.As an island
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The United Arab Emirates said on Tuesday it was quitting OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia…
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Forum Energy Technologies (FET) has unveiled its latest solution in subsea handling equipment, the Model 6000 (M6000) Launch and Recovery System (LARS).Part of FET’s Dynacon product line…
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Block Energy has entered into a conditional agreement with Pilgrim Exploration for an investment linked to offshore production sharing contracts in Gabon, alongside plans to raise $6…
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Petrobras has agreed to acquire 100% of a portion of the Argonauta field ring-fence in the Campos Basin from Shell, ONGC and Brava.The acquired portion corresponds to an area holding 0…
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BP's first-quarter profit more than doubled year-on-year to $3.2 billion - its highest in two-and-a-half years - the British oil major reported on Tuesday, beating…
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West Africa-focused independent oil and gas explorer Tullow Oil posted an 87% slump in annual profit on Tuesday, partly due to lower production, while delayed payments…
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Australia has commenced its first live shipboard trial of S‑100 digital navigation data, with dynamic tidal and current information now being tested on the bridge of operational cruise vessels in Sydney Harbour.S‑100
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The U.S. Interior Department said on Monday that it had reached a deal to end two offshore wind leases off the coasts of New Jersey and California.Both projects are managed by Ocean Winds…
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