U.S. shipbuilders and port operators are getting hit in the fallout from President Donald Trump’s campaign to wipe out the offshore wind industry, suffering hundreds…
Trump Halt on Offshore Wind Hits US Shipbuilders, Ports
Stillstrom Introduces New Hires, Technology Advances
Stillstrom by Maersk, a marine technology leader delivering offshore power and charging solutions, has strengthened its leadership team with key senior appointments in Copenhagen and Aberdeen…
Subsea Compression and the Ormen Lange Moon Landing
The inauguration of a world-record subsea compression system in Norway in August 2025 marked a pioneering leap in engineering. Yet according to OneSubsea CEO Mads…
NOAA Invests $95M in Mid-Life Vessel Renovation
The National Oceanic and Atmospheric Administration (NOAA) awarded a $95 million contract to JAG Alaska, Inc., a shipyard based in Alaska, for a mid-life renovation of the Oscar Dyson. This project not
Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties
Malaysia’s state energy firm Petronas has signed a memorandum of understanding (MoU) with Oman’s OQ Exploration and Production New Ventures (OQEP) to jointly explore…
Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout
The development of a 2,000-megawatt offshore wind energy project linking Vietnam, Malaysia, and Singapore is expected to complete its first phase by 2034, Malaysia's Energy Minister said on Wednesday…
Aker BP Quarterly Profit Beats Forecast, Ups 2025 Output Guidance
Aker BP Quarterly Profit Beats Forecast, Ups 2025 Output Guidance
Aker BP, Norway's second-largest listed oil company, posted on Wednesday a slightly
Egypt, Cyprus Seal Set of Gas Transfer Deals from Cronos Offshore Field
Egypt, Cyprus Seal Set of Gas Transfer Deals from Cronos Offshore Field
Egypt and Cyprus have signed a series of agreements to transfer natural
JERA Nex BP to Lay Off US Staff as it Halts Beacon Offshore Wind Project
JERA Nex BP, a joint venture between Japan's top power generator JERA and BP, plans to halt development of the U.S. Beacon offshore wind power project and lay off its U…
Petrobras Targets Start of Foz do Amazonas Production Within Seven Years
Brazilian state-run oil company Petrobras' could start oil and gas production in the Foz do Amazonas basin within seven years if large reserves are confirmed, the…
Saipem Scoops $135M in New Drilling Rig Contracts and Extensions
Saipem has strengthened its offshore drilling order intake with new contract awards and extensions worth a total amount of approximately $135 million, further reinforcing…
Galp to Choose Mopane Partner This Year
Portugal's Galp is in advanced talks with several oil majors to sell a 40% stake in its promising offshore Mopane field in Namibia and expects to choose a partner by the end
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