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Africa is entering a dynamic era of upstream growth. In 2025 alone, over 170 exploration blocks are on offer across North, West, Central and East
Fincantieri announces that it has formalized its investment in WSense, a deep tech scale-up specialized in underwater monitoring and communication.
SBM Offshore announces that it has signed a $1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks to refinance its
Power demand continues to grow from electrification of society and industry, expansion of artificial intelligence (AI) and data centers. Equinor has built a significant renewables
On March 25, the proposed “Central African Exploitation and Manipulation of American Companies Act” was brought before US Congress, seeking to suspend US support for
SBM Offshore announces it has signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of $400 million
A new report finds that deliveries within exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway continued to grow in 2024.
Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced an agreement to acquire a 40% interest in Louisiana LNG Infrastructure
Valaris Limited has been awarded a two-year contract offshore West Africa for drillship VALARIS DS-10 that is expected to commence late in the second quarter
While the ocean economy doubled in real terms, from $1.3 trillion in 1995 to $2.6 trillion in 2020, coordinated policy action is essential to safeguard
RWE has signed an agreement with Norges Bank Investment Management (NBIM) as its new partner for the Nordseecluster and Thor offshore wind projects currently under
Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development. The decision was made after
Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.