Egypt Signs Deals Worth Over $121 Million

Bulgarian Energy Holding to Acquire 10% Stake in Black Sea Oil Exploration Block

Bulgaria's state-owned energy group Bulgarian Energy Holding will acquire a 10% stake in oil and gas exploration rights for the Han Asparuh block in the Black Sea…

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Kraken Robotics Announces $35 Million in SeaPower Battery Sales

Kraken Robotics Inc. announced $35 million in battery sales to three unnamed customers.“We’re pleased to see increasing momentum on our SeaPower battery sales and look forward to continued strong growth with our

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FarSounder Awarded Manufacturing Innovation Voucher to Advance AI‑Based Sonar Capabilities

FarSounder, a leader in 3D Forward Looking Sonar technology, has been awarded a Manufacturing Innovation Voucher by the Rhode Island Commerce Corporation. The award will support advanced research and development focused on

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Akastor’s DDW Offshore Sells AHTS Vessel for $23M

Norwegian offshore vessel owner DDW Offshore, a subsidiary of Akastor, has completed the sale of Skandi Atlantic anchor handling tug supply (AHTS) vessel.The purchase price for the vessel is $22…

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PXGEO Appoints New Technical and Operations Chiefs

Marine seismic company PXGEO has appointed two senior executives to strengthen its leadership team and support operational performance across its global operations.Bob Nouh has been named technical solutions director and senior vice

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Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

Fugro has extended its partnership with PTSC Geos and Subsea Services (PTSC G&S) to provide marine site characterization services in Vietnam, supporting rising demand…

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Eco Atlantic, Navitas Engage Guyana on Offshore License Extension

Eco (Atlantic) Oil & Gas has started discussions with the Government of Guyana regarding the continuation of its appraisal and exploration program on the offshore Orinduik Block…

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Petrobras Boosts Tupi Field Production

Brazil's state-run oil firm Petrobras has been producing 1 million barrels of oil per day at its offshore Tupi field since Friday, CEO Magda Chambriard told Reuters on Tuesday…

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ABS and AMOG to Advance Offshore Mooring Digital Twin Technology

ABS and AMOG Consulting have signed a memorandum of understanding (MOU) to collaborate on an offshore mooring digital twin.The agreement combines AMOG’s monitoring…

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Blue Water Surpasses 1000 Hours of Ocean-Based Testing

This week, the Blue Water team reached a milestone in their journey: surpassing 1000 hours of ocean-based testing of their proprietary propulsion system designed for autonomous surface vessels. Achieving this milestone surpasses

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HII Successfully Demonstrates Launch and Recovery of REMUS AUV

HII, a leading manufacturer of autonomous underwater unmanned vehicles, announced the successful shipboard deployment and recovery of a REMUS autonomous underwater vehicle (UUV) using the company’s automated launch and recovery system, Sea

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Venezuela Reopens Wells as Exports Resume

Venezuela's state oil company has begun reopening some of the wells it and its joint venture partners had shut amid a strict U.S. embargo, as crude exports resume…