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

Subsea7 S.A. SUBCY, an offshore engineering and construction services provider, recently announced that it has agreed on the key terms for a potential merger with Saipem S.p.A, an Italian oilfield ...

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

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 ...

This is important, because any delays to the delivery of infrastructure means energy bills for everyone would be higher. An offshore grid would also mean new onshore infrastructure.

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

As a professor of energy policy and former undersecretary of energy for Massachusetts, I’ve seen the potential for offshore wind power, and what the Northeast states, as well as the U.S. wind ...

One of Trump’s first acts as president was to order a freeze on leasing federal areas for new offshore projects and issuing ...

The seagliders will provide high-speed, zero-emission transport of passengers to and from offshore energy infrastructure. Seaglider technology represents an innovative solution to increase ...

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

South Korea’s offshore energy exploration projects have come under scrutiny after a highly publicised deep-sea gas field was found to be unproductive, with officials admitting that political ...