Subsea Supplies has signed a new contract with Innerspace to become its exclusive UK and European distributor and certified service center for its full line of electric and hydraulic thrusters. Distribution will

Saildrone Founder and CEO Richard Jenkins shares news on Lockheed Martin's recent investment in Saildrone:Today, I am delighted to announce a $50 million investment from Lockheed Martin in Saildrone, Inc. This commercial

Fincantieri, through its subsidiary IDS – Ingegneria dei Sistemi, has signed a memorandum of understanding with Next Geosolutions (NextGeo) to jointly develop unmanned…

Mermaid Subsea Services (UK) has completed a fast-track subsea recovery campaign in the North Sea for a major operator.The operation involved the internal and external severance of casing…

Energy industry services firm EnerMech has secured a pipeline pre-commissioning contract by McDermott in support of Shell Trinidad and Tobago’s Manatee gas development…

Offshore engineering and subsea services firm Acteon and Wynnergy Marine, a Taiwan-based marine solutions provider, have signed a strategic memorandum of understanding…

Egypt’s Ministry of Petroleum and Mineral Resources has informed that a new production well at the Zohr natural gas field in the Mediterranean added about 70 million…

Equinor posted a bigger than expected drop in third-quarter profit on Wednesday as oil and gas prices fell, and booked asset impairments on a weaker long-term outlook for crude prices…

Oil company PRIO has signed an agreement with Shape Digital, a developer of AI-driven solutions, for the deployment of Shape Lighthouse, an asset management platform…

Grid operator TenneT has completed the standardized 700MW grid connections for the Hollandse Kust (West Beta) offshore wind farm and has received the grid readiness certificate from DNV…

India's Adani Green Energy reported a 25% increase in second-quarter profit on Tuesday, helped by robust power sales and higher capacity utilization.The company…

FLIR, a leader in high-performance marine thermal-imaging systems, announced the debut of its new flagship series of multi-spectral maritime camera systems, the M460 and M560.The M460 and M560 are elite AI-powered multi-spectral