Shell has agreed to sell its wholly owned subsidiary BG Cyprus to MOL Group for up to $720 million, transferring a 35% interest in the Aphrodite offshore gas field in …
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Seatrium reported net profit of S$373 million for the first half of 2026, an increase of 158% from S$144 million in the same period a year earlier. The result included …
France has awarded almost €260m to five ports under the France 2030 programme to develop infrastructure for floating offshore wind projects. Cherbourg, Brest, Nantes-Saint Nazaire, Port-la-Nouvelle and Marseille-Fos were selected …
Seacor Marine is evaluating strategic alternatives that may include a sale of the company, a merger, other business combinations, asset disposals or other transactions. The company disclosed the review in …
DOF Group ASA has secured contract extensions with Petrobras for the pipe-laying support vessels Skandi Buzios and Skandi Recife in Brazil. Under the amended agreements, the contract for Skandi Buzios …
Subsea 7 reported net income of $254 million for the second quarter of 2026, compared with $131 million in the same period last year, as earnings increased across its Subsea …
Energy and convenience retail company bp plans to eliminate 700 positions worldwide as part of a restructuring of its upstream business. The reductions will affect non-frontline roles in the company’s …
Petra Marine, a subsidiary of Petra Energy, has agreed to sell two Malaysian-flagged accommodation work barges in separate transactions valued at a combined $15 million. India-based AJR Oil & Gas …
Mitsui O.S.K. Lines has taken delivery of WIND WHALE, Japan’s first coastal module carrier for transporting offshore wind foundation components. The vessel was delivered and named on 26 June 2026 …
Boskalis’ new subsea rock installation vessel Windpiper has departed the Port of Rotterdam for its first project in the Baltic Sea. The vessel will first sail to a quarry in …
Construction of the FPSO topside for Azule Energy’s Greater PAJ development has started at CIMC Raffles’ Haiyang yard in China, one month after the project reached its final investment decision …
Seatrium Offshore Renewable Services has started construction of a new offshore wind operations hub in Lowestoft, UK, to support its expanding project activity in Europe. The facility will strengthen the …
CS WIND Offshore has shipped the first transition pieces for Vattenfall’s Nordlicht I offshore wind farm from the Port of Aalborg in Denmark. Each transition piece weighs around 362 tonnes. …
PTSC Mechanical & Construction (PTSC M&C) has loaded out the completed offshore substation structures for the Fengmiao offshore wind project in Taiwan. The delivered structures consist of a 3,400-tonne topside …
The Philippine Department of Energy (DOE) has identified 1 December 2026 as the indicative bidding date for the recalibrated fifth round of the Green Energy Auction Program (GEA-5), the country’s …
Van Oord has agreed a long-term partnership with TMA Logistics for dedicated terminal space at the Port of Amsterdam to support its offshore operations. The site will provide quay access, …
Golden Energy Offshore Services has secured a term contract valued at approximately £4.9 million, or more than €5.6 million, for the platform supply vessel Energy Pace on the UK Continental …
EnZed Energy has received New Zealand’s first new offshore petroleum exploration permit since the government reversed its ban on new offshore oil and gas exploration. New Zealand Petroleum and Minerals …
HD Hyundai has launched Orion Jade, the first new vessel built at the former Hanjin shipyard in Subic Bay since the facility ceased operations in 2019. The 115,000 dwt petrochemical …
Vietnam’s Ha Long Shipbuilding launched the CSOV 9020 on 28 July, marking the completion of another major construction stage for an offshore wind service vessel intended for international customers. The …
Allseas has secured a contract from Western LNG to install the subsea section of the Prince Rupert Gas Transmission pipeline in northwestern Canada. The subsea pipeline will form the final …
The general cargo ship Onego Otra was refloated on 26 July after remaining grounded in the St. Lawrence River for nearly four weeks. Three Ocean Group tugboats then towed the …
The United States has imposed sanctions on two entities that it says are involved in an Iran-linked transit fee system for vessels passing through the Strait of Hormuz. In a …
BigLift Shipping has completed 10 heavy lift voyages for the Ridley Island Energy Export Facility (REEF), concluding its transport and discharge scope for the Canadian project. The terminal is being …
Samsung Heavy Industries has signed a strategic memorandum of understanding with Sargent & Lundy to jointly develop a standardized Floating Small Modular Reactor platform. The planned FSMR platform will not …
BC Ventures, a 50/50 joint venture between subsidiaries of Borr Drilling and CME, has completed the $287 million acquisition of five jack-up rigs located in Mexico. The joint venture acquired …
INEOS has received the first of the final two modules needed to complete its €5bn Project ONE ethane cracker at the Port of Antwerp. The 6,920-tonne module arrived aboard Ji …
A worker was injured on the Hibernia platform after two casing joints dropped from a gantry crane during drilling operations on 18 July 2026. Hibernia Management and Development Company (HMDC) …
South Korea has set a policy direction to extend fixed-price offshore wind contracts from 20 years to 25 years. The government is still reviewing how the longer contract period will …
The Crown Estate has launched a new tender to select a developer for the up to 1.5 GW Morgan offshore wind project in the Irish Sea. The procurement is being …
TGS has secured an ocean bottom node contract in the AMME region, with a deep-water crew scheduled to mobilize in the fourth quarter of 2026. The project is expected to …
HD Hyundai Samho has delivered its first very large ammonia carrier, handing over the 93,000 m³ Jane Maersk to Maersk. The vessel is the first of five VLACs ordered by …
The Republic of Korea and the United States opened the Korea–U.S. Shipbuilding Partnership Center in Washington, D.C., on 23 July 2026, creating a U.S. hub for bilateral shipbuilding cooperation. The …
Eni and TotalEnergies have taken a final investment decision on the Cronos gas project offshore Cyprus, with development planned by 2028. Cronos is Eni’s first project in Cypriot waters to …
China Oilfield Services Limited (COSL) has issued a tender for basic design services covering four high-performance jack-up drilling rigs. The tender was issued on 22 July 2026. Bids must be …
PACC Offshore Services Holdings (POSH) has secured a long-term diving services contract in the Arabian Gulf and will deploy POSH Mallard for the work. The Singapore-based offshore marine solutions company …
Offshore drilling contractor Noble reported a net loss of $37 million for the second quarter of 2026 after operational suspensions involving two rigs in Brazil reduced revenue and fleet utilisation. …
Talos Energy has agreed to acquire a 50% working interest in Block 29 offshore Mexico from Repsol, adding a pre-final investment decision oil development to its international portfolio. Block 29 …
Larsen & Toubro (L&T) and Hitachi Energy have secured a framework cooperation agreement with TenneT covering projects under the transmission system operator’s 2GW HVDC offshore wind programme. The consortium will …
Incat’s 130 m battery-electric ferry China Zorrilla is preparing to leave Hobart aboard the semi-submersible heavy lift vessel Black Marlin for transport to Uruguay. The ferry, also known as Hull …
Chinese shipbuilders had secured orders for 34 LNG carriers by early July 2026, narrowly exceeding the 32 vessels won by South Korean yards over the same period, according to data …
Apollo has agreed to invest $1.5 billion in the Keppel Offshore Fund, a new Keppel-managed vehicle established to hold up to 10 legacy offshore drilling rigs. The fund will initially …
COSCO SHIPPING Specialized Carriers completed the dynamic positioning float-over installation of the Yangjiang Sanshandao 2GW offshore HVDC station on 23 July 2026. The company used its 65,000 DWT semi-submersible vessel …
Saronic has selected Samsung Heavy Industries as its production-technology partner for the autonomous vessel company’s planned $3.3 billion shipyard in Brownsville, Texas. The selection follows Saronic’s announcement earlier this month …
BigLift Shipping’s new heavy transport vessel CY Frontier has begun its maiden voyage, carrying 12 inland barge hulls from Zhangjiagang in Jiangsu province, China, to Rotterdam. The vessel is the …
Serica Energy has agreed to acquire Pharos Energy in a cash transaction valuing the London-listed oil and gas producer at approximately $194.5 million, or £145.7 million. The Pharos Energy board …
Saipem has been awarded two contracts with a combined value of approximately €800 million for offshore work in Ivory Coast and an onshore biorefinery project in Italy. The first contract, …
A subcontractor at HD Hyundai Heavy Industries has died after an industrial accident at the company’s Gunsan Shipyard in South Korea. The incident was the third fatal accident reported at …
Search teams were continuing operations near Fiery Cross Reef after the Vietnam-flagged cargo vessel Khoi Nguyen 18 sank with 62 Vietnamese nationals aboard. Vietnam’s Ministry of Foreign Affairs said 45 …
The United Nations has urged Gulf countries to help evacuate and repatriate about 6,000 seafarers stranded across the Strait of Hormuz, the Gulf of Oman and the Persian Gulf. The …
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