Ports are evolving from traditional infrastructure into intelligent, interconnected ecosystems. The MTCOM initiative is driving this transformation by developing technologies that enable the port of the future.Co-financed by the Regional Programme…
Russian Crude Production Falls Lower Amidst Global Uncertainty, Sanctions
Following a year of tighter sanctions and Ukrainian attacks on refineries, ports and tankers, Russia’s crude output has fallen further in the second half of 2026…
SubSea Craft Makes 40% Investment in LORILLION
SubSea Craft has completed an investment for a 40% equity interest in LORILLION to strengthen the UK's sovereign capability to design, industrialize and manufacture specialist battery systems for defense, marine and automotive
TGS and GTI Collaborate on Seismic Acquisition
TGS and Geophysical Technology Inc. (GTI), a global provider of seismic recording technology and services, have announced a strategic collaboration agreement to…
Tupi Sets Petrobras Production Record
The Tupi field in the pre-salt layer of the Santos Basin has reached a cumulative production of 4 billion barrels of oil equivalent (boed), becoming the first in…
BP awarded license for Venezuela Loran gas fields in partnership with XRG and UCC
BP has, in partnership with United Arab Emirates firm XRG, and a unit from Qatar's conglomerate UCC Holding secured a licence to explore and develop Venezuela's offshore Loran field's second phase…
L3Harris Opens Rhode Island Facility to Support Naval Readiness
L3Harris Technologies has opened a new 50,000-square-foot maritime production facility at ProvPort in Providence, marking the completion of a $6 million investment to design, produce and deliver advanced undersea training systems for
BMT Joins Seabed 2030
The Nippon Foundation-GEBCO Seabed 2030 Project has announced a new partnership with BMT to share expertise and best practice, and to engage with the wider geospatial and maritime communities in support of
Hybrid Navy Extravaganza
No too long ago, US Navy Secretary John Phelan said: “If the last few years of conflict have taught us anything, it is that we will not win the wars of the
Prysmian Cable Manufacturing Expands North Carolina Facility
Prysmian, a provider of cable manufacturing, is investing over $1 billion and adding 385 jobs in an expansion of its facility in Catawba County, Governor Josh Stein announced today. Prysmian, headquartered in
Emerson to Deliver Automation Solutions to Shah Deniz Compression Project
BP has awarded global automation company Emerson a multi-million-dollar contract to deliver automation technologies for the Shah Deniz Compression project off the coast of Azerbaijan…
Seatrium, Golar Ink FLNG Conversion LOI
Seatrium Limited entered into a Letter of Intent (LOI) with Golar LNG Limited to advance a potential third Floating Liquefied Natural Gas (FLNG) conversion project…

