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Blogs forDecember 17th, 2025

Santos sells Mahalo stake; exits Petrel and Tern

Santos agreed to sell its Mahalo JV stake to Comet Ridge Limited and completed the sale of Petrel/Tern interests to Eni Australia, securing cash and contingent consideration and lowering decommissioning exposure.

ESVAGT buys two SOVs from Edda Wind

ESVAGT acquired SOVs Breeze Enabler and Brint Enabler from Edda Wind. Long-term contracts with Ocean Breeze and Vestas were novated to ESVAGT for continued operations.

Swedish navy: military on Russian shadow tankers

Sweden’s navy reports Russian uniformed, possibly armed personnel on shadow-fleet oil tankers in the Baltic, and notes Russia’s growing “grey” VLCC and suezmax fleets in the global tanker market.

Final CVOW transition pieces reach Hampton Roads

MV Sun Rise has delivered the remaining CS WIND Offshore transition pieces from the Port of Aalborg to Hampton Roads, completing the TP load-out for Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project.

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