GLO Marine is targeting revenues of more than USD$57.47 million (€50 million) by 2030 as it prepares to establish a permanent operation in the Middle East and bring its new USD$6.9 million (€6 million) Technology Centre in Romania into commercial operation…
National Ocean Industries Association (NOIA) President Erik Milito issued the following statement following House passage of H.R. 5109, the TWIC Efficiency (TWICE) Act:'The TWICE Act directly addresses one workforce bottleneck by creating a…
EnergyPathways, an energy transition company, has selected Jacobs to provide planning, regulatory, consenting and environmental services for its proposed LDES project in the Irish Sea and Barrow-in-Furness. This includes assisting the Company…
bp has appointed Ian Tyler as Chair of the company following an extensive search process, including both internal and external candidates. He will assume the role immediately.Tyler joined the bp board as a non-executive director in April 2025 and was appointed Interim Chair on May 26…
Aker Solutions’ Board of Directors has appointed Paal Eikeseth as the company’s new President & CEO, with effect from September 1.Eikeseth is an experienced business leader with a strong track record in operational growth, performance improvement and transformation…
C-Innovation (C-I), a provider of subsea services and an affiliate of Edison Chouest Offshore, announced the promotion of Lucas Cribley to Chief Executive Officer.In his new role, Cribley will lead C-I’s overall strategy and operations as the…
MacGregor has expanded its offshore technology portfolio with a certified floating-to-floating personnel transfer capability for its Horizon gangway and a new bow transfer system designed for direct ship-to-well transfer of LCO2.The Horizon…
MacArtney Underwater Technology has appointed Geir Håøy, former President and CEO of KONGSBERG, to its Board of Directors, effective June 2026. Throughout his career, Håøy has worked with technologies developed and deployed in maritime, defense…
ExxonMobil awarded about $1.1 billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado.The U.S. oil major awarded the contracts on behalf of the so-called Area 4 partners, which…
Sub-Saharan Africa’s deepwater production is expected to grow by over 1 million boe/d by 2035 and big-ticket projects taking final investment decisions (FIDs) in 2026 and 2027 will be key to unlocking this.In late January, Equatorial Guinea and Chevron signed-off the Aseng Gas blowdown project…
Norwegian energy group Equinor said on Monday it has agreed to buy a stake in a gas-fired power plant in the U.S. state of Pennsylvania, seeking to benefit from rapidly growing electricity demand from data centres and other industry.Equinor will pay $940 million…
For generations, the Gulf of America has served as the proving ground for offshore innovation. Every major chapter in modern offshore energy has depended upon American engineers, geoscientists, mariners, fabricators, regulators, and offshore workers to solve problems many believed were beyond reach…
Moby Robotics is a new entrant to the subsea swarm autonomous robotic space, created in 2025 and aiming to take a leadership role in the discovery and recovery of subsea minerals market.The race to secure critical minerals from the deep ocean has accelerated dramatically over the past two years…
Seatrium Limited entered into a Letter of Intent (LOI) with Golar LNG Limited to advance a potential third Floating Liquefied Natural Gas (FLNG) conversion project to be undertaken by Seatrium for Golar.Under the arrangement, Seatrium and Golar…