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Five Chinese gas carrier and FSRU vessel projects receive Bureau Veritas’ blessing
Business & Finance

Five Chinese gas carrier and FSRU vessel projects receive Bureau Veritas’ blessing

Bureau Veritas Marine & Offshore (BV) has awarded approval in principle (AIP) certificates for five vessel projects developed by Chinese Hudong-Zhonghua Shipbuilding (Group), spanning LNG and ethane carriers, a floating storage regasification unit (FSRU), onboard carbon capture (OCC)-ready design an

about 5 months ago
Hellenic Cables nets inter-array contract for BC-Wind project in Poland
Business Developments & Projects

Hellenic Cables nets inter-array contract for BC-Wind project in Poland

DEME has awarded Hellenic Cables with a contract for the supply of inter-array cables for the 390 MW BC-Wind offshore wind project in Poland, developed by Ocean Winds. Under the contract, the Greece-based manufacturer will be responsible for the design, engineering, manufacturing, testing, and suppl

about 5 months ago
High-tech ‘wall of steel’ to guard US oil & gas and shipping operations
Collaboration

High-tech ‘wall of steel’ to guard US oil & gas and shipping operations

Two American defense companies have entered into a strategic agreement to build a high-tech “wall of steel” in the Gulf of America to support oil & gas and commercial shipping operations. The partnership between South Carolina-headquartered marine autonomy specialist Janus Marine & Defense and New M

about 5 months ago
Worley gets technical advisor role for New Zealand’s LNG import terminal
Business & Finance

Worley gets technical advisor role for New Zealand’s LNG import terminal

New Zealand’s Ministry of Business, Innovation and Employment (MBIE) has selected Australia’s engineering company Worley as client engineer and technical advisor for the development of the country’s liquefied natural gas (LNG) import terminal. Worley will support the ministry through the procurement

about 5 months ago
Offshore construction on Polish Bałtyk 2 & 3 wind farms starts with subsea rock installation
Business Developments & Projects

Offshore construction on Polish Bałtyk 2 & 3 wind farms starts with subsea rock installation

Offshore construction has begun on the Bałtyk 2 and Bałtyk 3 offshore wind projects in Poland, developed by Equinor and Polenergia, which will together have 100 wind turbines and an installed capacity of 1.4 GW. The 2026 offshore construction campaign will see the installation of 100 monopiles, tran

about 5 months ago
Testing aimed at improving megawatt-scale tidal energy device wraps up in Ireland
Business Developments & Projects

Testing aimed at improving megawatt-scale tidal energy device wraps up in Ireland

Marine energy technology and project solutions provider ORPC has completed testing activities that had the goal of improving installation, operation and maintenance of its megawatt-scale tidal energy device. The testing, wrapped up at the end of 2025, was part of the ORPC-led LOGIC-Tide research and

about 5 months ago
Equinor picks OneSubsea for subsea compression upgrade
Business & Finance

Equinor picks OneSubsea for subsea compression upgrade

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured an engineering, procurement and construction (EPC) contract from Norwegian state-owned energy firm Equinor to upgrade the subsea compression system for the Gullfaks field in the Norwegian North Sea. SLB said that OneSu

about 5 months ago
Deep Value Driller drillship; Source: Deep Value Driller
Business & Finance

Saipem to buy seventh-gen Deep Value Driller drillship for $272.5 million

Norwegian drillship-owning company Deep Value Driller has entered into an agreement with Italy’s engineering, drilling, and construction services giant Saipem for the sale of its seventh-generation drillship for a total purchase price of $272.5 million. In the announcement of the amended bareboat ch

about 5 months ago
TotalEnergies books Havila’s platform supply vessel
Business & Finance

TotalEnergies books Havila’s platform supply vessel

Norwegian offshore vessel operator Havila Shipping has signed a contract with TotalEnergies for the 2009-built platform supply vessel (PSV) Havila Herøy to be deployed in Norway. Under the contract signed with TotalEnergies EP Norge AS, the PSV Havila Herøy will perform operations for 136 days, with

about 5 months ago
Wärtsilä, Abu Dhabi Maritime Academy working together on maritime industry’s sustainability
Business & Finance

Wärtsilä, Abu Dhabi Maritime Academy working together on maritime industry’s sustainability

Finnish technology group Wärtsilä and Abu Dhabi Maritime Academy (ADMA) have signed a memorandum of understanding (MoU) to collaborate on decarbonization targets, digitalization goals, smart port solutions and training to support the maritime industry’s transition to sustainable operations. “This co

about 5 months ago
VARD delivers newly converted seismic source vessel to Sanco Shipping
Business & Finance

VARD delivers newly converted seismic source vessel to Sanco Shipping

Norway’s VARD has delivered the seismic source vessel Sanco Sailor to compatriot Sanco Shipping, following the completion of conversion from a seismic research vessel. Sanco Shipping purchased Sanco Sailor in July 2025, at the time named PGS Apollo, after which the 2010-built, 106.6-meter-long vesse

about 5 months ago
Eni makes Côte d’Ivoire’s second-largest gas discovery
Business & Finance

Eni makes Côte d’Ivoire’s second-largest gas discovery

Italy’s energy giant Eni has made a gas and condensate discovery offshore Côte d’Ivoire, said to be the second largest in the country after Baleine, discovered in 2021. The discovery, named Calao South, was made within the major Calao channel complex, which also includes the Calao discovery, with th

about 5 months ago
Five companies lined up for Scotland’s €1B subsea electricity network upgrade
Authorities & Government

Five companies lined up for Scotland’s €1B subsea electricity network upgrade

Scottish and Southern Electricity Networks (SSEN) Distribution has selected five contract partners to help deliver future investment of up to £950 million (about €1.09 billion) in the Scottish subsea electricity network and support the multi-year framework to renew and upgrade subsea electricity lin

about 5 months ago
Japan to get factory for marine hydrogen engines in 2029
Business & Finance

Japan to get factory for marine hydrogen engines in 2029

Yanmar Power Solutions, a subsidiary of Japan’s industrial diesel engine and machinery manufacturer Yanmar Holdings, is planning to build a new factory for test runs of marine hydrogen engines. The company has acquired land at the Phoenix industrial site in Amagasaki City, Hyogo Prefecture, where it

about 5 months ago
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