Italy's cable maker Prysmian plans to buy Spain-based ACSM, a submarine cable installation company, in a 169-million-euros ($198 million) deal, it said on Friday.The world's largest cable maker said the transaction will
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European governments including Germany, Britain and Denmark will reinforce their plans to massively expand wind power projects on Monday, despite U.S. President…
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At a general meeting of Kongsberg Gruppen on Thursday afternoon, the separation of Kongsberg Maritime was formally approved by the shareholders. The plan is to list the maritime company on the Oslo
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Germany’s RWE and Nordic renewables company Aneo have signed a transaction agreement for the sale of RWE’s Swedish wind activities, including its operational Karehamn offshore wind farm…
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SLB beat Wall Street estimates for fourth-quarter profit on Friday, as the world's top oilfield services provider benefited from the ChampionX acquisition and unveiled…
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McDermott has been awarded a major contract, worth between $750 million and $1 billion, by ADNOC for engineering, procurement, construction and installation (EPCI)…
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Global ocean services provider DeepOcean has completed trenching and survey operations on inter-array cables for a U.S. offshore wind project.DeepOcean’s scope of…
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Japan's Inpex is working to advance the start of its Abadi project in Indonesia to meet the government's request to speed up and has seen strong interest from Western…
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Nigerian President Bola Tinubu has approved targeted, investment-linked incentives for Shell's Bonga South West deepwater oil project following a meeting with the company's chief executive…
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This week’s maritime security report from Palaemon Maritime starts by saying: “Hello Shipmate, this week saw a sharp escalation in maritime security incidents across Europe, the Americas and Southeast Asia.”Key developments include:•
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Will 2026 be the year when coral reefs pass their tipping point?Samantha Garrard, Senior Marine Ecosystem Services Researcher at Plymouth Marine Laboratory, asked the question in The Conversation on January 5.“Tropical coral
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CSignum has launched its through-ice wireless monitoring technology with the patented EM-2Q electromagnetic field signalling (EMFS) system.Critical monitoring is often suspended for several months annually, leaving a blind spot during a period
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