One key factor driving the investment is a desire for economic prosperity and security. Citizens shocked over government's ...

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in ...

The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, ...

Vineyard Offshore, which is behind the Vineyard Wind 2 project, has eliminated 50 jobs. Here's why, and what it means for ...

Italian oil services firm Saipem (BIT:SPMI) and Norwegian competitor Subsea 7 (OL:SUBC) are merging in a $4.63 billion deal to form an offshore energy powerhouse. The announcement sent Subsea 7 shares ...

Dutch oil and gas services firm SBM Offshore beat 2025 guidance expectations on Thursday, citing three new awards boosting its contract backlog.

If it remains in place, the president’s order will add deep uncertainty to the future of a nascent industry that could ...

President Donald Trump has signed an executive order formally creating a National Energy Dominance Council and directed it to ...

We acknowledge uncertainties,” but cite state’s economic strength and targets that extend beyond Trump’s term.

HB 682 would remove “offshore wind industry development” from the Office of Offshore Wind Industry Development and Energy ...

The UK government unveiled reforms to speed up the rollout of renewable energy projects such as offshore wind as it targets a clean power system by 2030.