
Sif plans production cuts amid funding uncertainty
Sif will close one Maasvlakte 2 production line and reduce operations in Roermond as it seeks bridge financing while a 190 kton offshore wind project awaits its client’s final investment decision.

Sif will close one Maasvlakte 2 production line and reduce operations in Roermond as it seeks bridge financing while a 190 kton offshore wind project awaits its client’s final investment decision.

Boskalis’ Mighty Servant 3 has discharged 18 sections for six closed fish cages at Ågotnes, Norway, after carrying the cargo from China.

RWE and KKR have completed their 50:50 joint venture for Vanguard West and East, closing financing with £11.1 billion in cash facilities plus £1.7 billion in ancillary facilities.

Cadeler has signed an exclusivity agreement for foundation and turbine installation at a large UK offshore wind farm, with work expected to begin around 2030.

HD Korea Shipbuilding has secured a KRW 662.9 billion contract to build two LNG carriers for an unnamed African shipping company, with delivery scheduled by October 2029.

Fifteen maritime companies questioned alternative IMO compliance mechanisms, citing concerns over administrative complexity, trade costs and investment incentives for zero- and near-zero-emission fuels.

Jord will design and supply an air-cooled condenser system for Delfin FLNG1. Earlier project engineering described a waste-heat recovery power system, although the final ACC configuration has not been disclosed.

The discovery confirms hydrocarbons in a carbonate reservoir offshore Ghana, opening a new exploration target in the former ExxonMobil-operated DWCTP Block. Further appraisal is required to establish commerciality.

Six seabed monitoring systems are collecting environmental and seismic data at the Endurance CO2 storage site ahead of planned injection operations in 2028.
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