Egypt expects the Damietta regasification vessel, which was damaged in a drone attack in July, to resume operations in the fourth quarter of the year.The damaged…

COLI Group has recently completed a six-month transport project for GE Vernova, moving 14 large power transformers from GE Vernova's Turkish factory to a job site…

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…

From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters…

Tidewater Inc. has announced the completion of its acquisition of Wilson, Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively: WSUT)…

U.S. President Donald Trump said Monday that ExxonMobil, the largest U.S. oil major, was among a group of companies planning to do business in Venezuela.Exxon declined to comment…

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

As anyone who has built a commercial vessel knows that working out the engineering early in the design process provides a better chance to get the vessel that meets the owner’s criteria

Floatel International has secured a letter of intent for its Floatel Triumph semi-submersible unit to provide Maintenance and Safety Unit (MSU) services offshore Brazil for four to eight months…

Thailand’s state-backed energy firm PTT Exploration and Production (PTTEP) subsidiaries and Petronas Carigali's PC JDA have signed a 35-year production sharing contract…

Windey Energy Technology Group has approved investment in the 300 MW Cangnan No. 6 offshore wind project in China's Zhejiang Province, with total investment set at $457 million (3…

The Iran war's redrawing of the global trade map is forcing Gulf nations to retool their investment play book, ploughing capital into infrastructure, from energy pipelines to ports…