
Cotemar Seeks $59.4 Million from ABSG Consulting in New York
Cotemar has filed a New York action seeking recognition of a Mexican judgment against ABSG Consulting, with its claim reaching $59.4 million including interest.

Cotemar has filed a New York action seeking recognition of a Mexican judgment against ABSG Consulting, with its claim reaching $59.4 million including interest.

Seatrium is preparing the P-80 and P-82 FPSOs to sail for Brazil’s Búzios field, where the two units will provide a combined oil production capacity of 450,000 bopd.

Ørsted has put its planned 1.4GW Incheon offshore wind project on hold and will not participate in South Korea’s upcoming fixed-price offshore wind bidding round.

TEPCO Renewable Power has started the EIA process for a fixed-bottom offshore wind project of up to 420 MW off Choshi, with as many as 27 turbines under consideration.

Solstad Maritime has announced a two-year Petrobras contract for Normand Valiant in Brazil, with a gross value of approximately $62 million and commencement planned for Q4 2026.

Astro Offshore has signed a strategic MOU with Oceaneering covering offshore and subsea project cooperation and introduced Astro Aurora, its first DP3 Multi-Purpose Support Vessel.

Taiwan has started the contract termination process for Shinfox Energy’s 700 MW Youde offshore wind project after the developer failed to complete payment of its outstanding performance bond.

NKT has brought the first Biscay Gulf Interconnector cables ashore at Lemóniz using NKT Victoria and a drilled route extending more than 1,000 m.

Tillen developed a Container Based Crane for Van Oord and a Transition Piece Lifting Tool for SAL to support offshore wind installation activities.
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