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 ...

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

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

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

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

Find insight on the proposed merger of Saipem and Subsea7and more in the latest Market Talks covering energy and utilities.

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

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

HB 682 would remove “offshore wind industry development” from the Office of Offshore Wind Industry Development and Energy ...

ExxonMobil and its partners are investing nearly $200 million to develop a new natural gas project in Australia's Gippsland ...

The UK government unveiled reforms to speed up the rollout of renewable energy projects such as offshore wind as it targets a clean power system by 2030.