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Trump tariffs may already be impacting the offshore oil and gas industry
Special Reports

Trump tariffs may already be impacting the offshore oil and gas industry

April 3, 2025
New duties and fees are expected to add about 2-5% to overall project costs in the US Gulf of Mexico.

Courtesy Karoon Energy's 2024 Full Year Financial Report and Investor Presentation
Baúna Project FPSO
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Prysmian, N-Sea join efforts to improve submarine cable safety
Courtesy China Ship Scientific Research Center/State Key Laboratory of Deep-Sea Manned Vehicles
China unveils ‘powerful’ deep-sea cable cutter