Finance

Global demand for liquefied natural gas (LNG) is expected to increase to nearly 700 million tonnes a year by 2050, an increase of around 65% ...

Equinor and Vår Energi have agreed to a swap of assets on the Norwegian continental shelf (NCS). The transaction enables further maturation of the Peon ...

SBM Offshore announces it has signed the project financing of FSO Chalchi for a total amount of US$465 million. The project financing is provided by ...

Angola’s offshore petroleum sector is regaining momentum after a period of structural adjustment marked by declining deepwater output and delayed investment cycles. The rebound is ...

Driven by deepwater discoveries, frontier basin exploration and increased capital deployment, Africa’s upstream sector is entering a new phase of expansion. With S&P Global Energy ...

Kosmos Energy announces the completion of the sale of its interests in the Ceiba Field and Okume Complex production assets in Block G offshore Equatorial ...

Deepsea Technologies UK has been awarded funding through ETZ Ltd (ETZ) Challenge Fund 2025-26 to support the development of two new test cells within its ...

NORBIT has signed an agreement to acquire 100 per cent of the shares in Water Linked AS, a Trondheim-based provider of underwater navigation and imaging ...

The African Energy Chamber (AEC) held high-level discussions on June 16, in Abidjan with Mamadou Sangafowa Coulibaly, Minister of Mines, Petroleum and Energy, focused on ...

Sea Machines Robotics has announced a record year to date of sales bookings and business growth, driven by expanding global demand for proven autonomous vessel ...

Maritime Robotics, a leading provider of autonomous maritime systems, has announced a €28 million growth investment led by Mustard Seed + Partners (MS+PARTNERS), alongside existing ...

Norway-based maritime technology company Nereida Energy AS (Nereida) has raised NOK 32 million from a group of renowned Norwegian investors, including Grieg, Eviny, Nysnø and ...