Kongsberg Maritime has signed a contract for the design and equip two multi-purpose subsea vessels for Olympic Group, which ...

Norway's Kongsberg Maritime has signed a contract to design and equip two state-of-the-art multipurpose subsea construction ...

Robosys Automation, maritime autonomy software developer, has unveiled its new autonomous trials boat, which has been ...

Hydromea launched the D-FIN Electronic Speed Controller (ESC) Motor Controller, engineered to deliver efficiency, compactness, and precision to Hydromea’s DISKDRIVE thrusters and other brushless ...

The American Bureau of Shipping (ABS) has granted Type Approval to Hanwha Systems’ SecuAider® software for meeting the IACS ...

Engineering major Larsen & Toubro (L&T) today said its wholly-owned subsidiary L&T Hydrocarbon Engineering-led consortium has bagged two orders from oil major Saudi Aramco. Advisory Alert: It has ...

growth. EBITDA saw a significant increase, driven by an improved product mix. The Offshore division continues to deliver strong underlying margins across EBITDA of 261 million, corresponding to an ...

MILAN, Feb 26 (Reuters) - The rationale for a merger between Italy's Saipem (SPMI.MI), opens new tab and Norway's Subsea 7 (SUBC.OL), opens new tab is to combine the fleets of the two energy ...

Saipem and Subsea7 have announced that they have reached an agreement in principle on the key terms of a possible merger of the two companies through the execution of a Memorandum of Understanding ...

McDermott has announced the completion of transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in 1Q24. The ...

China has created an underwater data centre with enough computing power to support 7,000 conversations with DeepSeek per second, according to state media. A new data centre capsule was added to an ...