Malaysia has proposed a 2,000 MW offshore wind project in collaboration with Vietnam and Singapore, aiming to start operations in 2034. Of this capacity, 700 MW will be used domestically while 1,300 MW will be exported to Singapore.
Woodfibre LNG’s export terminal in Squamish, British Columbia, has passed the halfway point of construction. The company reported visible progress across onshore and offshore works during the summer, including major foundation and module installation milestones.
The U.S. Interior Department expects to finish the key engineering and cost study for the 800-mile Alaska LNG pipeline by the end of 2025, according to Reuters. The long-awaited project aims to transport natural gas from Alaska’s North Slope to the Gulf of Alaska for LNG export.
Valaris strengthens its North Sea operations with $190 million in new rig contracts and a $108 million asset sale, boosting its contract backlog to $4.5 billion.
Texas-based Tenaris has secured a major contract to supply casing, tubing, line pipe and coatings for Mexico’s first ultra-deepwater project — the Trion field in the Perdido Fold Belt.
Japanese offshore wind developer Okaoge has signed a contract with Kajima Corporation for turbine foundation installation for its 315 MW offshore wind project off the coast of Akita Prefecture.
In a landmark development for the blue economy, a prototype floating platform that integrates wind power generation with aquaculture has been installed off the Spanish coast. Developed under the EU-funded AquaWind initiative, the platform pairs the proven W2Power floating wind technology with fish-farming infrastructure to test the viability of co-located offshore energy and aquaculture uses.
Inch Cape Offshore Wind Farm has completed installation of its first 85-km export cable off Scotland’s east coast, marking an important construction milestone.
TechnipFMC reported strong quarterly results driven by subsea operations and announced plans to pursue $2 billion in new project opportunities.
