Featured News
ACCC Moves Saipem and Subsea7 Merger to Phase 2 Review
The ACCC has moved Saipem and Subsea7’s proposed merger to a Phase 2 review, citing possible competition concerns in subsea infrastructure services for Australian offshore oil and gas projects.
Saipem Wins $2 Billion Kutei FPSO Contract in Indonesia
Saipem has secured an EPCI contract worth approximately $2 billion for its share of the Kutei FPSO project in East Kalimantan, Indonesia. The project is expected to be completed over 48 months.
Canada Selects ThyssenKrupp Type 212CD Submarines for Naval Expansion
Canada selected ThyssenKrupp Marine Systems and its German-Norwegian partners to build 12 Type 212CD diesel-electric submarines for naval expansion and Arctic patrol missions.
Cargo Ship Attacked Southwest of Al Hudaydah as Red Sea Security Concerns Continue
A cargo ship reported an attack southwest of Al Hudaydah, Yemen. UKMTO said authorities are investigating the incident, following separate suspected piracy reports south of Balhaf.
Pirates Board Tanker and Pursue Second Ship in Gulf of Aden
Pirates boarded an unnamed tanker in the Gulf of Aden on 1 July and later pursued a second merchant ship, according to maritime security reports.
Petrobras Invests $2.32 Billion in Santa Catarina Shipyards for 42 Vessels
Petrobras plans to invest about $2.32 billion to build 42 vessels at Santa Catarina shipyards, including PSVs, OSRVs, RSVs and pushboats under its Mar Aberto Program.
COSCO Shipping Energy Orders Four LNG Carriers at Jiangnan for Shell Charter
COSCO Shipping Energy Transportation, Shell and Jiangnan Shipyard have signed a construction agreement for four 175,000 cu metres LNG carriers to serve Shell under long-term charter agreements.
Trump Administration and Duke Energy Agree Carolina Long Bay Offshore Wind Lease Termination
The US Department of the Interior and Duke Energy agreed to terminate the Carolina Long Bay offshore wind lease, with USD 129 million to be reinvested in generation and grid projects.
KHNP-Led Consortium Wins Preferred Bidder Status for Jeonbuk 800 MW Offshore Wind Project
A KHNP-led consortium has been named preferred bidder for Jeonbuk State’s 800 MW offshore wind project, the first phase of a planned 2.4 GW development off Buan County.
