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Representative image: Lockheed Martin’s $3.45 billion Ultra Maritime acquisition highlights rising demand for anti-submarine warfare, sonar systems, sonobuoys and autonomous naval sensing across allied defence markets.

Lockheed Martin (LMT) to buy Ultra Maritime for $3.45bn as undersea warfare M&A accelerates

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CNOOC Limited advances offshore energy development with a major discovery in the Beibu Gulf Basin and the expansion of the Luda 5-2 North Oilfield in the Bohai Sea.

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Energy Industry News

CNOOC expands oil and gas reserves with Beibu Gulf breakthrough and Bohai Sea project

CNOOC Limited has achieved a major breakthrough in offshore oil and gas exploration with a significant discovery in…

byPallavi Madhiraju

March 6, 2025

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