Chevron Corporation reports earnings of $5.1 billion ($2.63 per share - diluted) for fourth quarter 2021, compared with a loss of $665 million ($(0.33) per share - diluted) in fourth quarter 2020.

Boston-based Sea Machines Robotics, a leading developer of autonomous command and control systems for commercial vessels, has announced the formation of a strategic advisory board made up of internationally recognized industry leaders who will bring vast experience and valued guidance to the company.

Minister of Petroleum and Energy, Marte Mjøs Persen, officially opened the Martin Linge field on January 27. With good operational performance since the field came on stream in June and high oil and gas prices, the investments in the field are expected to be recovered in full during 2022.

Subsea 7 has been awarded a substantial¹ project for subsea installation services related to Beacon Offshore Energy LLC’s Shenandoah Development, located offshore Gulf of Mexico in water depths up to 6,300 feet.

DNV has been selected to lead an ammonia bunkering safety study by the Global Centre for Maritime Decarbonization (GCMD) in Singapore.

The U.S. Department of Energy (DOE) today announced $25 million in funding to support increased research, development, and demonstration of technologies that harness wave power to create electricity.

The Canaveral Port Authority (CPA) and Volusia County’s Division of Economic Development have signed a Memorandum of Understanding (MOU) that establishes a working relationship promoting each other’s geographical and business advantages. The agreement aims to attract more global business by bringing more Florida-bound cargo to the region.

Sharp Reflections, a global leader in quantitative seismic data analysis, has announced the appointment of Adrian Smith as its Chief Operating Officer (COO).

Washington Maritime Blue and 5G Open Innovation Lab (5G OI Lab) in collaboration with two of its founding partners, Avanade and Amdocs, have published the findings and recommendations from the Tacoma Tideflats 5G Network Feasibility Study.

The new BIO-SEA M-Series ballast water treatment system BIO-UV Group introduced last year has received type approval certification from the United States Coast Guard (USCG).

McDermott International has launched ArborXD™, a web-based tool that supports carbon-conscious decision making for energy customers seeking pathways to net-zero operations. It provides data collection, estimation and reporting on the potential carbon impact of energy facilities before construction begins.

Considering the proven safety performance and increasing global use, you might think that Roxtec material specialists remain happy by just maintaining the excellent features of the rubber in the seals. Nothing could be further from the truth. They lead the technical development by mixing new powerful particles.

National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the U.S. District Court for the District of Columbia vacated Gulf of Mexico Lease Sale 257.

CRP Subsea has successfully delivered contracts providing more than 500 Rotating Buoyancy Modules (RBMs), which adds to previous deliveries that have been installed and successfully operating for the past 3 years. They will also be attached to deepwater high-temperature, high-pressure flowlines to mitigate pipeline buckling on the seabed.

bp and Maersk Tankers, with support from the Danish Maritime Authority, have successfully completed trials using biofuel-blended marine fuel in product tankers, demonstrating that sustainable biofuels can be used as a marine ‘drop-in fuel’ to help reduce carbon emissions in shipping.

Marine-i has welcomed the news that floating offshore wind projects will receive more than £60 million in public and private investment, to develop new technologies that will accelerate development of the fast-growing renewable energy industry.