PGE Becomes Sole Owner of Baltic II
12, March 2026
PGE has become the sole owner of the 350 MW Baltic II offshore wind project in the Polish Baltic Sea after RWE sold its stake and transferred related environmental rights.
Offshore
Dajin Heavy Industry Plans Hong Kong IPO
12, March 2026
China’s Dajin Heavy Industry is planning an IPO on the Hong Kong Stock Exchange as it looks to access international funding markets and support expansion in fabrication, shipping and renewable energy projects.
Bernhard Schulte Offshore Takes Third CSOV
12, March 2026
Germany’s Bernhard Schulte Offshore has taken delivery of Windea Carnot, the third CSOV in a series built by Ulstein Verft, adding another offshore wind support vessel with hybrid propulsion and capacity for 132 people.
Marco Polo Marine Raises EUR 14 Million for Offshore Wind Growth
11, March 2026
Marco Polo Marine raised EUR 14 million through a private placement to support offshore wind expansion, vessel investment and project growth across Asia.
Sunda Energy Secures Chuditch-2 Environmental Licence
11, March 2026
Sunda Energy has secured an environmental licence for the Chuditch-2 appraisal well offshore Timor-Leste, marking a key regulatory step before drilling under the TL-SO-19-16 contract.
Jan De Nul Broadens Subsea Cable Fleet
11, March 2026
Jan De Nul is expanding its offshore energy fleet with two more vessels for subsea cable burial, including a newbuild trenching support vessel and the conversion of Henry Darcy.
Aramco Suspends Major Offshore Fields Amid Gulf Security Threat
10, March 2026
Saudi Arabia suspended production at four offshore oilfields, including Safaniya and Zuluf, as security risks linked to tensions with Iran disrupted tanker traffic through the Strait of Hormuz.
Equinor Finds Two Commercial North Sea Resources
10, March 2026
Equinor reported two commercial discoveries in the North Sea, including the Byrding C oil find in the Troll area and the Frida Kahlo gas and condensate find in the Sleipner area.
Asia’s Largest Cylindrical FPSO Construction Starts in Qingdao
10, March 2026
Construction started in Qingdao on the cylindrical FPSO for the Kaipingnan Oilfield Development Project, with capacity figures including more than 170,000 t full-load displacement and 122,000 cubic meters of storage.
