The Russian government has unveiled a massive plan to build hundreds of new ‘civilian’ vessels by 2050, upgrade its shipbuilding capability, and increase the workforce in the maritime domain.
The post Russia to pump over $6B into shipbuilding as part …
Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.
The post Transocean, Noble, Valaris, Seadrill, ADES, and Shelf Drilling get hold of $31 b…
Shell, BP, TotalEnergies, Equinor, Eni, ExxonMobil, Chevron, and ConocoPhillips have managed to come on top yet again, displaying the resilience of the energy sector with performance and quarterly results that show a combined profit of about $29 billio…
TotalEnergies is making strides in the development of the first-ever offshore oil field in Suriname. Progress has also been achieved in the construction of a floating production, storage, and offloading (FPSO) vessel destined for this project.
The post…
Sulzer has pointed out the operators’ need to pursue decarbonization tools to ensure cleaner production and more efficient operations, maximizing productivity and enhancing sustainability to tackle the climate change ticking time bomb and come to grips…