TotalEnergies CEO Patrick Pouyanné confirmed the Mozambique LNG project remains budgeted at $20.5 billion as work transitions toward construction.
Fugro’s Q3 2025 EBITDA dropped 23% to €108.6 million as offshore wind weakness and oil & gas delays pressured results.
The Netherlands faces a setback in offshore wind expansion as no bids were submitted for the Nederwiek I-A site in the North Sea.
Prosafe confirmed that Ithaca Energy exercised a two-week option for the Safe Caledonia at the Captain field, keeping the TAMS semi-submersible ASV in service until mid-December 2025.
Korea’s major shipbuilders posted strong Q3 2025 earnings, but rising container ship orders and Chinese price competition have raised profitability concerns.
A fire aboard the Iberotel Crown Empress forced more than 200 tourists to evacuate on Egypt’s River Nile. No injuries were reported as investigations begin.
Brazil completes South America’s first crosswise barge-stacking operation using AAL HAMBURG, departing Belém on 24 Oct and ETA Nueva Palmira 4 Nov.
