GE Vernova invests over $25 million to modernize its Veresegyház facility, enhancing gas turbine manufacturing and supporting Hungary's energy transition.
The July/August 2025 issue highlights our industry survey and key factors shaping the turbomachinery sector, including supply-chain challenges, labor shortages, and the rise of mobile and advanced technologies to meet power demand.
Saipem and Subsea7 are merging to form Saipem7, a new global offshore energy services leader, combining fleets, expertise, and operations across oil, gas, and renewables.