Phoenix International Holdings, Inc. announced that Scott Hansen has joined the company as Project Manager (PM) for the Autonomous Underwater Vehicle (AUV) Division…

Nexans to Deliver Subsea Cables for Second Malta-Sicily Interconnector

Nexans has secured a contract by Interconnect Malta (ICM) to deliver high-voltage

CNOOC Posts 7.9% Profit Fall Despite Output Growth

Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%,

Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%, weighed down by weaker oil prices, though higher output helped stem the decline.Net income for January-March was 36…

LS Marine Solution has secured $15.8 million subsea cable laying contract for work at an offshore wind farm being developed by Taiwan Power Company (Taipower), off Taiwan…

ExxonMobil, Egypt’s EGAS Bolster Mediterranean Oil Exploration Efforts

Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil have signed a memorandum

Akrake Petroleum, Rex International's indirect subsidiary, has signed contracts for a Mobile Production Unit (MOPU) and an Aframax tanker to be used as a Floating…

Norway Grants Drilling Permit for Aker BP’s Wildcat Well in North Sea

The Norwegian Offshore Directorate has granted Aker BP a drilling permit for

Technip Energies to Work on Qatar’s Largest Offshore Gas Field

Technip Energies has secured a detailed engineering design contract by India’s EPC

BP’s Profit Drops 48% in First Quarter 2025

BP on Tuesday reported a deeper-than-expected 48% drop in net profit to

When bottom trawls are dragged across the seafloor, they stir up sediments. This not only releases previously stored organic carbon, but also intensifies the oxidation of pyrite, a mineral present in marine

Noble Reports Strong Outlook, New Contracts

Noble Corporation has reported that its contract drilling services revenue for the