
Sèmè Project Start-Up Delayed by Ongoing Drilling Challenges
Technical issues during Akrake Petroleum’s offshore drilling campaign at Benin’s Sèmè field have delayed start-up beyond 2025, despite ongoing work with the Gerd jack-up rig.

Technical issues during Akrake Petroleum’s offshore drilling campaign at Benin’s Sèmè field have delayed start-up beyond 2025, despite ongoing work with the Gerd jack-up rig.

ClassNK grants AiP for cable jointing and cable burial vessel designs developed by Mitsui O.S.K. Lines, confirming feasibility under relevant safety and regulatory rules.

CNOOC Limited reports a major discovery at the Qinhuangdao 29-6 Oilfield in the central Bohai Sea, with proved in-place volumes exceeding 100 million tons of oil equivalent and a test rate of about 2,560 barrels per day.

Hanwha Engine signs an agreement to acquire Norway’s SEAM for approximately $195 million, adding electric propulsion and power automation to expand its marine propulsion portfolio.

Eidesvik Offshore awards contracts for PSV Viking Princess to support Deepsea Yantai. Work is estimated at 300–365 days, starting January 2026.

Gulf Marine Services secures a European contract for two Large-class vessels spanning 985 days, lifting contracted backlog to $540 million as offshore regional support continues.

Samsung Heavy Industries signed a 743 billion won contract for two LNG carriers with an Oceania-based owner. Delivery is due by March 2029, lifting annual orders to 41 vessels worth about $7.4 billion.

Pacific Basin signed contracts for four 40,000 dwt Handysize newbuildings at $119.2 million, with delivery planned in H1 2028.

China penalised an unidentified foreign-flagged vessel after a Ningbo inspection found a micro rectangular antenna later identified as a LEO terminal, with photos appearing to show Starlink use in territorial waters.
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