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Blogs forJanuary 22nd, 2026

Murphy Oil stays on course off Côte d’Ivoire

Murphy Oil is continuing its offshore campaign off Côte d’Ivoire after the Civette well on Block CI-502 found hydrocarbons below commercial levels, with attention now turning to the Caracal and Bubale prospects.

Seatrium and Cochin Shipyard representatives sign MoU for offshore cooperation in India and Asia

DolWin 5 Dispute Heads to SCC Arbitration

A consortium dispute on DolWin 5 moves to SCC arbitration, with claims over scope responsibilities and cost allocation while work continues and delivery remains targeted for 2026.

Russia warns UK over shadow fleet tanker checks

Russia has warned the UK against joining European efforts to stop and inspect “shadow fleet” tankers carrying Russian crude, as London weighs joint enforcement with EU partners in nearby waters.

Hanwha Ocean wins Oceania LNG deal worth $498.8m

Hanwha Ocean has signed a 738.3 bn won ($498.8m) contract with an Oceania owner for two LNG carriers and a $388.5m VLCC order from Asyad Shipping, lifting its 2026 newbuilding tally to about $890m.

OCEA to set up patrol boat yard in Philippines

France’s OCEA plans its first Asian production base in the Philippines to build 35 m aluminium patrol cutters for the Philippine Coast Guard under a France-backed sovereign loan package.

K. Sætre Rederi orders all-electric cargo vessel

Norway’s K. Sætre Rederi has ordered a 70 m all-electric dry cargo vessel from Royal Bodewes, backed by a long-term cargo contract with 7 Steel Nordic and a 13.3 MWh battery for over 270 nm range.

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