Zamil Offshore has selected Conoship International to develop a 2.5 m-draft DSV design for diving, subsea maintenance and offshore operations in the Gulf region.
Aker BP project costs have risen to NOK 195.0 billion for Yggdrasil and NOK 93.4 billion for Valhall-Fenris, while both developments remain targeted for first production in 2027.
ORLEN and Northland Power have completed installation of all 76 Vestas turbines at the 1,140 MW Baltic Power project as Poland’s first offshore wind farm moves through commissioning.
Korean shipbuilders are reporting strong profits and large order backlogs but face labor disputes, currency pressure and limited progress in Korea-U.S. shipbuilding cooperation.
Constellation has secured ABS Approval in Principle for its Fuel Processor project under testing aboard Laguna Star and signed an MoU with ABS covering offshore efficiency and emissions technologies.
Chevron and EGAS have signed an agreement covering at least $88 million of investment for two exploration wells and 3D seismic reprocessing in Egypt’s offshore Lotus area.
POSH Saudi has acquired an Argus XL65 electric work-class ROV equipped with twin Schilling manipulators and a Top Hat TMS for diving and SURF operations in the Persian Gulf.
Blue Gem Wind has started supply chain engagement for the 100 MW Erebus floating offshore wind project in the Celtic Sea as it develops its procurement strategy.
South Korean and Japanese shipbuilders are expanding robotics and smart-yard systems as labour shortages and competition from Chinese yards increase pressure on production.
