Fugro’s results in the first half year were significantly impacted by geopolitical and economic uncertainties. For the second half of 2025, the company expects a strong recovery resulting in a full-year EBIT
DOF Scoops Over $220M for AHTS Vessel Contracts with Petrobras
Norwegian offshore supply vessel owner DOF Group has secured a contract with Petrobras for two of its anchor handling tug supply (AHTS) vessels.The two contracts…
SLB Acquires Well Intervention Software Specialist
Global energy technology company SLB has acquired Stimline Digital, a cloud-based software company for the energy sector specializing in well intervention.Stimline…
ExxonMobil’s Profit Shoots Above Expectations
Exxon Mobil, the United States' biggest oil producer, beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production…
Record Production Boosts Chevron’s Second Quarter Earnings
Chevron beat analyst estimates for second-quarter profit on Friday as record oil and gas production and lower capital expenditure helped the U.S. oil producer boost…
Triton Completes MacGregor Acquisition
Triton, a European mid-market investment company, has completed the acquisition of MacGregor from previous owner Hiab, formerly Cargotec.The transaction between Triton and Hiab…
Saipem Wraps Up Pipeline Job at Equinor’s Norwegian Sea Project
Italian energy contractor Saipem has completed the installation of the subsea pipeline
Fugro to Deliver Offshore Surveys at Major Energy Fields in Middle East
Dutch geological data specialist Fugro has been selected to deliver extensive offshore
Deepsea Mira Spuds Third Well in Orange Basin License off Nambia
Oil and gas firm Rhino Resources and its partners have spudded the Volans-1X exploration well in PEL85 license, offshore Namibia, using Odfjell Drilling-managed Deepsea Mira semi-submersible rig…
Egypt Inks Mediterranean Oil and Gas Exploration Deals with Eni and BP
The Ministry of Petroleum and Mineral Resources of Egypt has signed an agreement with Eni and BP to launch oil and gas exploration activities in the Mediterranean Sea…
Plastic Free July and a Treaty in the Making
Around 170 million people participate in Plastic Free July each year. It’s a month-long challenge to avoid as much single-use plastics as possible.“We ingest about the equivalent of a credit card of
Weeding Marine Debris Out of Flower Garden Banks National Marine Sanctuary
From June 27–July 2, NOAA, the National Marine Sanctuary Foundation, Moody Gardens, Georgia Aquarium, T&T Salvage LLC, and Anchor Diving joined forces and expertise aboard a Bordelon Marine vessel to remove over
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