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The European Union stands at a pivotal moment as it confronts significant decisions regarding its strategic autonomy. The EU is preparing to allocate substantial funds to rearm its member states and bolster collective defense. The President of the European Commission, Ursula von der Leyen, announced that nearly 800 billion euros will be made available over …

Europe at a Crossroads: Strategic Autonomy, Defense Investments, and DEFEA’s Role Read More »

Serica Energy and EnQuest have taken steps to engage in talks over a potential business combination that has the opportunity to create a bigger combined company with a total market capitalization of nearly $1 billion. The post UK oil & gas duo mulling over potential merger appeared first on Offshore Energy.

After inking one deal to buy and two deals to sell a portion of its stakes in assets offshore Namibia and Cameroon, two local subsidiaries of the UK-based oil and gas company Tower Resources are seeking partner and government approvals for the transactions. The post UK player inks acquisition and farm-out deals for assets off …

UK player inks acquisition and farm-out deals for assets off Africa Read More »

Norwegian shipbuilder VARD has cut the first steel for the first hybrid power ocean […] The post VARD starts building first Island Offshore hybrid ocean energy construction vessel, second to follow in July appeared first on Offshore Energy.

UK’s Forum Energy Technology (FET) is set to deliver a remotely operated vehicle (ROV) […] The post UK firm’s ROV going to US to serve offshore wind market appeared first on Offshore Energy.

A keel-laying ceremony has been held for a newbuild floating storage regasification unit (FSRU), owned by the U.S.-based Excelerate Energy. The post FSRU hull starts taking shape with keel-laying milestone out of the way (Gallery) appeared first on Offshore Energy.

Norwegian technology provider Kongsberg Maritime has won a contract to convert a double-ended car […] The post Kongsberg readies for car ferry hybrid conversion project in Sweden appeared first on Offshore Energy.

French shipping and logistics major CMA CGM has decided to invest $20 billion over the next four years to strengthen the U.S. maritime transport and logistics, boosting the maritime economy and fostering shipbuilding capabilities. The post CMA CGM plans to pour $20 billion into US maritime sector in next four years appeared first on Offshore …

CMA CGM plans to pour $20 billion into US maritime sector in next four years Read More »

REGENT Craft has revealed the first full-scale seaglider prototype and completed the first on-water tests, kicking off sea trials that are expected to culminate in the first human seaglider flight in mid-2025. The post REGENT’s Viceroy seaglider prototype embarks on sea trials (Video) appeared first on Offshore Energy.

U.S. liquefied natural gas (LNG) export project developer Venture Global has disclosed its intention to expand its LNG facility south of New Orleans, Louisiana. The post $18B expansion to make Louisiana LNG terminal ‘largest’ in North America appeared first on Offshore Energy.