Brazil's state-run oil firm Petrobras and Norway's Equinor were the big winners in an auction for blocks in Brazil's pre-salt ...

Brazil's state-run oil firm Petrobras and Norway's Equinor were the big winners in a Wednesday auction for areas in Brazil's ...

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The country is doubling down on a controversial drive to boost oil production in the run-up to UN climate talks it is hosting ...

Shipbuilder Seatrium says it still plans to deliver $475m ship for Equinor project but buyer files notice of arbitration ...

U.S. shipbuilders and port operators are getting hit in the fallout from President Donald Trump’s campaign to wipe out the ...

Danish shipping giant Maersk in October cancelled a US$475 million contract with Seatrium to build a vessel. Read more at ...

Brazil sold five of the seven blocks offered in an oil auction on Wednesday to majors including Petrobras and Equinor ASA in a sign of renewed interest to explore in deep waters off the country’s ...

The dispute stems from Maersk Offshore Wind's ( OTCPK:AMKBF) ( OTCPK:AMKBY) termination of the contract on October 9, which ...

The new solution aims to reduce manufacturing and installation costs by up to 35% and carbon emissions by 30%.

Seatrium has sent a notice to the buyer that the vessel, which is 98.9 per cent complete, will be delivered on Jan 30, 2026.