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Blogs forMarch 22nd, 2026

Baltic Towers Signs for Baltica 2 Tower Supply

Baltic Towers signed a tower supply agreement with Siemens Gamesa for Poland’s Baltica 2 offshore wind project, a 1.5 GW development backed by PGE Polska Grupa Energetyczna and Ørsted.

Lukoil Swings to Loss After $20 Billion Write-Off

Lukoil posted a 2025 net loss after a $20 billion write-off on foreign assets hit by US sanctions, while the company valued Lukoil International at close to zero and kept the Carlyle deal pending.

ACSM Advances Genesis Upgrade

ACSM is upgrading offshore support vessel Genesis in Portugal, with an AHC crane already installed as the company expands subsea support capability after joining Prysmian Group.

Remontowa Delivers Hybrid Ferry Bjarkøy

Remontowa Shipbuilding has delivered hybrid ferry Bjarkøy to Torghatten Nord. The vessel uses a 2.3 MWh battery system, shore charging and backup generators for short Norwegian coastal crossings.

Energean Holds Katlan First-Gas Target

Energean said the Katlan subsea development offshore Israel remains on track for first gas despite the suspension of the Energean Power FPSO at Karish. The company also reported contract progress, Egypt concession talks and continued activity in the UK North Sea.

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