Dutch shipbuilder and designer Neptune Marine is set to soon launch the hull of an EuroCarrier it is building for Van Wijngaarden Marine Services, which will, among other things, be capable of performing survey and geotechnical services. The EuroCarrier 2712 – DP1 – TIER III, named Maasstroom, will
Norway’s Ocean Sun has secured NOK 8 million (around €710,000) in public funding for a project that aims to strengthen the long-term performance and reliability of its floating solar technology. The public funding was awarded for the Enhanced Environmental Resilience for OS FPV System (EROS) researc
Norwegian drillship owner Deep Value Driller has decided to sell its seventh-generation drillship Deep Value Driller to Eldorado Drilling after having received a higher bid, cancelling the recently announced sale agreement with Italy’s engineering, drilling, and construction services giant Saipem. I
UK-headquartered Odfjell Technology, a spin-off of Odfjell Drilling, has entered into agreements to acquire a majority stake in two businesses supporting lightweight intervention and plug and abandonment (P&A). Odfjell Technology will acquire a 70% ownership stake in Kaseum Holdings Limited and Razo
Lithuania, Latvia, and Germany are planning a joint offshore interconnector that would enable electricity trading between the Baltic countries and Germany and allow for the integration of up to 2 GW of offshore wind capacity in Lithuania and Latvia. The energy ministers of the three countries signed
Swiss marine power company WinGD has completed what it says is the world’s first type approval (TAT) and factory acceptance testing (FAT) for an ammonia-fuelled two-stroke marine engine. Both TAT and FAT programs were completed last month, with testing of the X52DF-A-1.0 engine carried out at the HD
A joint venture (JV) of Technip Energies, as the leader, Consolidated Contractors Company (CCC) and Gulf Asia Contracting (GAC) has secured an engineering, procurement, construction and commissioning (EPCC) contract by QatarEnergy for the onshore LNG facilities of the North Field West (NFW) project,
Allseas’ new cargo barge Braveheart, built by the CIMC Changhong Shipyard, which held a keel-laying ceremony for the new vessel in April 2025, has now departed China for the Netherlands. Braveheart was purpose-built to fit precisely within Pioneering Spirit’s bow slot to enable seamless transfer of
The production of critical high-voltage (HV) components for the second electrical interconnector between Malta and Italy has commenced in Türkiye. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna substation at Ragusa, Sic
Australia’s engineering player Worley has secured an engineering, procurement and construction management (EPCM) services contract with Danish national transmission system operator (TSO) Energinet for the country’s national hydrogen transmission network that will link large-scale green hydrogen prod
U.S.-headquartered oil and gas exploration and production company Kosmos Energy has agreed to sell its 40.375% non-operating working interest in production assets offshore Equatorial Guinea to UK-headquartered independent E&P company Panoro Energy for up to $219.5 million. Panoro Energy is set to ac
Norway’s Kongsberg Maritime has been appointed to deliver an integrated technology package for what is said to be South Korea’s first specialized HVDC installation vessel, being built in Türkiye. South Korean subsea cable installation company LS Marine Solution signed a contract with Türkiye’s Tersa
Velesto Drilling, a wholly-owned subsidiary of Malaysia’s Velesto Energy, has secured a $16.5 million contract with the Malaysian unit of Singapore’s Jadestone Energy for the provision of a jack-up drilling rig. The contract will see the NAGA 8 rig support infill drilling activities at the East Belu
A wave energy converter (WEC) developed by Wave Energy Collective (Weco) has spent its first night in the North Sea, with the Hague-based company confirming that everything worked as expected. Weco reported that its Kaizen 2.0 WEC had been deployed with an improved installation procedure and exposed
