OPT Finds Tech Delivery Partner for Mexican Maritime Markets

(OE) U.S.-based low-carbon marine power, data, and service solutions provider Ocean Power Technologies (OPT) has signed a new reseller agreement with a Latin America-based partner focused on supporting the Mexican offshore and maritime markets. The partnership significantly expands OPT’s commercial footprint across Latin America, leveraging the reseller’s regional presence and relationships within Mexico. Under the... Continue Reading →

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Italy’s Eni Posts 25% Drop in Quarterly Profit

(Reuters) Italian energy group Eni said on Friday its second-quarter earnings fell 25% year-on-year as lower oil prices and a weaker dollar overshadowed a better-than-expected performance at its gas business. Adjusted net profit came in at 1.13 billion euros ($1.33 billion) between April and June, down from 1.52 billion euros in the same period of... Continue Reading →

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TGS wraps up survey for Europe’s first commercial-scale floating wind farm

(offshore-energy.biz) TGS has completed an ultra-high-resolution 3D (UHR3D) seismic survey for the Green Volt floating offshore wind farm in Scotland, developed by a consortium of Flotation Energy and Vårgrønn. According to TGS, the record-breaking survey integrated Multibeam Echo Sounder (MBES), Sub-bottom Profiler (SBP), Side Scan Sonar (SSS), and magnetometer data into a unified dataset. This... Continue Reading →

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Saipem Reports 2025 First Semester Results

Saipem achieved a semester of further growth, confirming the constant progression in operating and financial performance over the last three years which enabled, in the month of May, the distribution of the largest dividend in the company's history. Revenue stood at USD$8.47 billion (€7.2 billion), and EBITDA reached USD$898 million (€764 million), the latter growing... Continue Reading →

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