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

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

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 ...

However, this action may take a while to implement and could face legal challenges, all while the Gulf economy and everyday ...

After several months of anticipation, on January 31, 2025, the Government of Canada, in partnership with the Government of ...

Principal Financial Group Inc. lifted its holdings in Helix Energy Solutions Group, Inc. (NYSE:HLX – Free Report) by 18.3% in the fourth quarter, according to the company in its most recent filing ...

As a leader in offshore energy, Julius Rone, CEO of UTM Offshore, is confirmed to speak at the upcoming Invest in African Energy (IAE) 2025 Forum in Paris. UTM Offshore is currently playing a pivotal ...

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

SmartSea and Digital Energy AI have formed a strategic partnership to revolutionize how AI enhances operational efficiency, predictive analytics and standardization in the marine and offshore energy ...

Helix Energy Solutions Group (NYSE:HLX – Get Free Report) is anticipated to announce its earnings results after the market closes on Monday, February 24th. Analysts expect the company to announce ...

As the world increasingly turns towards renewable energy sources to combat climate change, offshore wind farms have emerged ...

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