A memorandum of understanding between Dajin Heavy Industry and Zima Equity Investments sets out plans to develop an offshore wind foundation factory at the port of Gijon in northern Spain.
Taihan Cable & Solution completed an HVDC cable test center at its Dangjin plant, enabling parallel 640 kV-class circuit testing and in-house validation and certification to support global market expansion.
Shell agreed to transfer 20% of the Orca offshore Brazil project to KUFPEC while keeping operatorship. Post-close shares are set at Shell 50% and Ecopetrol 30%, with completion targeted for late 2026.
Valaris confirmed Valaris DS-17 reached Rio for Equinor Energy do Brasil ahead of Raia work, while Valaris DS-15 completes coating and crane scopes in Spain for a 3Q 2026 West Africa start.
Shearwater Geoservices AS won a 1,500 sq km 3D seismic acquisition contract from Eni Timor 22-23 B.V. in the Timor Sea, starting late Q1 2026 using SW Bly.
Akrake Petroleum completes the AK-2H production well and advances hook-up of the MOPU and FSO at Benin’s offshore Sèmè field, supporting the Block 1 plan to return to production in 2026.
All five US offshore wind farms halted by federal stop-work orders dated 22 December 2025 have resumed construction after court injunctions, with Sunrise Wind the final project cleared to restart.
Windward Offshore takes delivery of Windward Paris, its second CSOV built by VARD, for immediate charter in the German Bight as the company advances a four-vessel offshore wind support fleet.
Aker BP has brought Solveig Phase 2 onstream after completing development drilling. New subsea production wells in the Norwegian Sea are tied back to existing host infrastructure on the NCS.
