The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, ...

Subsea7 S.A. SUBCY, an offshore engineering and construction services provider, recently announced that it has agreed on the key terms for a potential merger with Saipem S.p.A, an Italian oilfield ...

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in ...

Offshore wind company Orsted has finalized the purchase of over 64 acres in Sussex County, Delaware under their subsidiary ...

Vineyard Offshore, which is behind the Vineyard Wind 2 project, has eliminated 50 jobs. Here's why, and what it means for ...

Italian oil services firm Saipem (BIT:SPMI) and Norwegian competitor Subsea 7 (OL:SUBC) are merging in a $4.63 billion deal to form an offshore energy powerhouse. The announcement sent Subsea 7 shares ...

If it remains in place, the president’s order will add deep uncertainty to the future of a nascent industry that could ...

Dutch oil and gas services firm SBM Offshore beat 2025 guidance expectations on Thursday, citing three new awards boosting its contract backlog.

The proposal would repeal the Offshore Wind Industry Workforce Training Center Committee, and the Offshore and Port ...

President Donald Trump has signed an executive order formally creating a National Energy Dominance Council and directed it to ...

We acknowledge uncertainties,” but cite state’s economic strength and targets that extend beyond Trump’s term.