Canada’s First Tidal Energy Array Authorized Using Adaptive Regulatory Framework

Aker Solutions Cuts Costs, Adjusts Workforce Numbers

Following several years of record-high workload, Aker Solutions forsees activity levels decreasing in 2026 compared to 2025. To adapt to the market situation and prepare for the future…

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Ecomer Merges with Enag, Becomes Francbord

Francbord, a new Breton industrial group resulting from the evolution of the Ecomer group, announced its merger with the SME Enag, strengthening the group's position…

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Consortium Presents AI-Supported Underwater Welding Robot for Maritime Maintenance

To ensure that maritime infrastructure no longer has to be repaired exclusively by professional industrial divers, a research consortium led by the German Research Center for Artificial Intelligence (DFKI) has developed an

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Equinor’s AI Drive Yields $130M in Savings as Digitalization Advances

Artificial intelligence (AI) contributed savings and value creation of about $130 million for Equinor and its partners in 2025, as the Norwegian firm expanded the…

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Archer Scoops $140M Well P&A Services Deal with Equinor

Oilfield services firm Archer has secured an integrated plug and abandonment (P&A) contract by Equinor covering 30 subsea wells, worth up to $140 million.The contract…

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OPT to Deploy Multiple PowerBuoys for US Coast Guard

Ocean Power Technologies has secured a contract worth more than $5 million to deploy and operate multiple maritime surveillance buoys for a U.S. Coast Guard mission under the U.S. Department of Homeland

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Murphy Oil Appraisal Well Boosts Resource Outlook at Field off Vietnam

Murphy Oil Corporation has drilled an appraisal well at the Hai Su Vang oil field offshore Vietnam, confirming a larger hydrocarbon column and strengthening the field’s recoverable resource potential…

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KOIL Energy to Upgrade Equipment for Offshore Installation Firm

U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a manufacturing contract with an international offshore installation company…

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Probable Gas Found in All Target Reservoirs at ConocoPhillips' Otway Well

ConocoPhillips has identified probable gas across all targeted Waarre sandstone reservoirs at its Charlemont-1 exploration well in Australia’s Otway Basin, resuming…

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Viridien Kicks Off Multi-Client Reimaging Program off Malaysia

French seismic firm Viridien has announced a new basin-scale reimaging program within the hydrocarbon-prolific Balingian-Luconia-Baram basins, in collaboration with Petronas…

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University of Plymouth Joins Seabed 2030

The University of Plymouth has forged a new partnership with the Nippon Foundation-GEBCO Seabed 2030 Project.The University will actively contribute to Seabed 2030’s goal of inspiring a complete map of the world’s

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Modelling Identifies Optimal Offshore Renewables Sites

Researchers have developed a computational model that identifies the best combination of location and energy technologies to maximize offshore energy production, reducing the financial risk associated with investing in offshore renewable energy…