Hai Long Offshore Wind Project has completed NT$55 billion in additional financing, expanding its group of supporting financial institutions to 35 as construction continues in Taiwan.
ABB will supply four 3.5 MW Azipod units and a power package for Allseas’ 230 m semi-submersible heavy transport vessel Grand Tour, due to enter service in 2028.
Aker BP and Equinor have completed the Svarteknippa well 15/6-17 in the Norwegian North Sea without a hydrocarbon discovery. The well has been permanently plugged and abandoned.
Expro has secured a multi-million-pound UK North Sea P&A contract covering six firm subsea wells and six optional wells using its 7-3/8” SSTTA safety system.
Panama Canal Authority will cut the Neopanamax maximum draft to 14.63 m on 26 August and 14.48 m on 3 September under its water management measures.
Valaris has added more than $160 million in contracted revenue backlog through new work for VALARIS DS-18, VALARIS 248 and VALARIS 123, taking total backlog to about $4.6 billion.
Sumitomo Corporation has acquired a 33.3% stake in the up to 1.5 GW Gwynt Glas floating offshore wind project in the UK Celtic Sea, joining EDF power solutions UK and Ireland and ESB.
Hanwha Group has offered up to $1.2 billion to acquire Austal USA and its operating assets as it seeks to expand its shipbuilding and defense business in the United States.
The Trump administration has extended the Jones Act waiver by 90 days, adding voyage-by-voyage reviews and tighter limits on eligible commodities after opposition from the U.S. maritime sector.
