Hanwha Ocean to provide Algoma with up to USD $250 million (approx. CAD $345 million) to support Algoma’s diversification strategy and strengthen domestic supply chains for Canadian defense procurement
Equinor Energy AS selects Worley Rosenberg for a parallel framework covering offshore maintenance and minor projects on selected NCS facilities, starting 1 May 2026.
Equinor has obtained a Norwegian Offshore Directorate permit for a North Sea wildcat well, to be drilled in March 2026 with the COSL Innovator under production licence 782 S.
Swire Projects sets out its 2026 project cargo priorities, citing energy-led demand, tighter breakbulk capacity, regulatory complexity, and growth corridors across Asia and the Middle East.
COSCO SHIPPING Specialized Carriers opened a Philippines Representative Office in Manila on 26 January, strengthening customer proximity and regional support within COSCO SHIPPING’s global network.
CWHI delivered a second batch of jacket foundation piles for the NFPS COMP2 project from China to Qatar, following an earlier batch delivered in August for QatarEnergy LNG.
Borr Drilling completed a $360 million purchase of five premium jack-ups from Noble Corporation, lifting its fleet to 29 rigs and supporting near-term opportunities across key offshore basins.
HD Hyundai Chairman Chung Kisun met Indian Prime Minister Narendra Modi in New Delhi to discuss expanding cooperation in shipbuilding, naval construction, and port crane projects during IndiaEnergyWeek2026.
BBC Chartering held the naming ceremony for the LakerMax MPP vessel BBC Bremen during a Bremen port call. The ship is due to sail via Hamburg to Galveston and Houston after loading.
