GWEC and OWC have urged Japan to reform its offshore wind auction system and establish a public-private forum to accelerate clean energy development and ensure investor confidence.
Petrobras will bring the P-78 FPSO online at the Buzios field in December, adding 180,000 barrels per day of capacity as the company continues deepwater expansion ahead of schedule and within its budget.
Lukoil declared force majeure at Iraq’s West Qurna 2 oilfield after US sanctions disrupted its operations and restricted US-dollar transactions, affecting one of the country’s key upstream projects.
Ocean Installer has secured a NOK 1–2 billion contract from Vår Energi for the Balder Next development, covering project management, engineering, and flexible product supply, with offshore work scheduled for 2027–2028.
CWHI has completed 18 of 30 Transition Pieces for the Inch Cape Offshore Wind Farm at its Longxue Yard, with the first batch scheduled to depart for Scotland in November as fabrication continues on schedule.
Mingyang Smart Energy has partnered with ORE Catapult in the UK to test its 18.5MW offshore turbine’s main bearing, marking the company’s first step toward validation in the UK and wider international markets.
Sabah has finalized the acquisition of a 25% stake in Petronas PFLNG 3, the $3.1 billion nearshore floating LNG project known as ZLNG, strengthening the state’s role in Malaysia’s energy sector.
Developers of the Mona and Morgan offshore wind projects commit £100m+ to lease Belfast Harbour’s D1 terminal for turbine assembly and marshalling, enabling operations from 2028 and creating around 300 jobs.
Cadeler has signed two firm offshore wind transportation and installation contracts worth approximately €500 million, covering full-scope foundation and turbine work for a future wind farm.
