News

PACC Offshore Services Holdings (POSH), an offshore marine solutions provider, has expanded its towage and installation fleet ...
Singapore-headquartered Yinson Production has sold US$1.17 billion of project bonds to refinance bank debt for a floating production, storage and offloading vessel (FPSO) operating offshore Brazil.
The newly introduced $300 helicopter landing levy by helicopter companies providing shuttle services to oil & gas operators ...
Ballard Power Systems secured an order for 6.4 MW of fuel cell engines from eCap Marine for integration into two Samskip vessels, advancing decarbonization efforts in the maritime industry.
Petrobras is having a third attempt to contract FPSOs for the coveted Sergipe-Alagoas Deepwater (SEAP) project in Brazil’s ...
Chevron Corporation has announced that it has completed its acquisition of Hess Corporation following the satisfaction of all necessary closing conditions, including a favourable arbitration outcome ...
Investing.com -- Vår Energi on Tuesday reported a 52% decline in net profit in the second quarter of 2025 to $217 million from $453 million in the first quarter, as income tax expenses increased and ...
One of the Northern Territory’s largest companies is preparing for a shutdown that will generate an additional $200 million into the local and national economies.
Seatrium Limited said it is set to deliver the first of a series of turnkey floating production storage and offloading vessels to Brazil's Petroleo Brasileiro S.A.
AI adoption is growing fast, driving demand for high-performance SSDs and massive storage capacity, but sourcing those ...
Exciting news! Brava Energia has connected two more wells to the Atlanta FPSO, moving closer to peak production.
Hunting announced on Monday that it has secured a $31m contract to supply titanium stress joints for a deepwater gas ...