Jumbo Maritime has introduced Frederic Lan-Shun as its new Business Development Director for Asia Pacific, focusing on strategy, market entry, due diligence, and commercial initiatives.
Mermaid Subsea Services (MSS) has completed its first cable transport from China to Saudi Arabia using the Prestige 3302 barge, reflecting its continued operations in regional shallow-water cable projects.
The Trump administration is preparing to reopen California’s coastline to offshore oil and gas drilling for the first time in decades, facing strong opposition from state leaders and environmental groups.
Rhino Resources and Northern Ocean have extended the Deepsea Mira drilling contract offshore Namibia, adding an extra well test and increasing the firm backlog to $394 million.
Nexans has set a new record at its Halden plant in Norway as the cable-laying vessel Nexans Aurora departs with 9,731 tons of cable — the largest single load in the company’s history, exceeding its 2023 milestone by 256 tons.
ExxonMobil CEO Darren Woods said the company is close to lifting the force majeure on its Rovuma LNG project in Mozambique and will move “fairly quickly” toward a final investment decision once the suspension ends.
Van Oord’s newest offshore installation vessel Boreas has completed its maiden project, installing 45 monopiles at Nordseecluster A in the German North Sea — a key step in the 1.6 GW Nordseecluster wind farm by RWE and Norges Bank.
Scorpio Tankers has signed letters of intent for two 320,000 dwt VLCCs at Hanwha Ocean, marking its return to the crude market after a decade. Each vessel is priced at $128 million, with deliveries set for the third and fourth quarters of 2028.
Vaalco Energy has once again delayed its multi-well drilling campaign offshore Gabon, now set to begin in the fourth quarter as the company reports lower third-quarter earnings due to maintenance and weaker oil prices.
