POSCO INTERNATIONAL and Equinor signed an MOU to expand collaboration in offshore wind, steel, and LNG, advancing their joint energy transition efforts.
A Stolt Tankers vessel repelled an armed pirate attack off Somalia on 3 November 2025. No injuries or damage were reported, according to security reports.
Altera Infrastructure announced with sadness that CEO Ingvild Sæther passed away on 27 October, following more than three decades of service in the maritime and offshore sector.
Arabian Drilling received notice to resume two offshore rigs at market day rates, with operations starting in Q1 2026 and offshore utilization reaching 100% in Q2.
Shipowners’ Club announced a 5% General Increase in P&I premiums for 2026 and a 10% deductible rise, citing inflation and higher claims.
Wattlab has completed the first full-scale Solar Flatrack installation on Vertom’s MV Vertom Tula, marking a milestone in maritime decarbonisation.
Valaris will warm-stack its MS-1 and DPS-1 semi-subs in Malaysia after completing contracts in Australia by end-2025.
Equinor has extended Northern Ocean’s Deepsea Bollsta contract by five months for continued drilling on Norway’s Johan Sverdrup field.
