Featured News
Chevron confirms 105-4X discovery in Angola Block 0
Chevron has reported a hydrocarbon discovery from the 105-4X well in Angola Block 0, where drilling found more than 600 m of hydrocarbon column and over 90 m of net pay.
Masdar, ScottishPower Renewables Install All 95 East Anglia THREE Foundations
Masdar and ScottishPower Renewables have installed all 95 foundations and transition pieces at the 1.4GW East Anglia THREE offshore wind farm off Suffolk.
Fujian Highton adds two 62,000 dwt heavylift ships at Kouan
Fujian Highton Development has ordered two additional 62,000 dwt multipurpose heavylift vessels at Taizhou Kouan Shipbuilding, taking its newbuilding series at the yard to nine ships.
Hanwha, Fincantieri Gain as Trump Opens Path for Foreign Yards in US Navy Shipbuilding
Hanwha Ocean and Fincantieri shares rose after a Trump directive created a pathway for qualified foreign shipbuilders to construct certain US Navy vessels at overseas yards.
More Ships Hit in Strait of Hormuz as US Prepares New Iran Measures
More commercial vessels have been attacked in the Strait of Hormuz as US-Iran negotiations remain stalled and Washington prepares additional economic measures against Iran.
Saipem, Sonatrach sign €500 million LNTP for Algeria phosphate project
Saipem has signed an approximately €500 million LNTP with Sonatrach for Phase 1 of Algeria’s Projet Phosphates Intégré, covering early engineering, procurement and mobilisation work.
Gulf of America lease sale draws $82.7 million in high bids
The third Gulf of America oil and gas lease sale generated $82.7 million in high bids, with 16 companies submitting 69 bids for 59 offshore blocks.
TechnipFMC wins West Hub Tails flexible pipe contract
TechnipFMC has secured an Azule Energy contract for the West Hub Tails project, covering flexible flowlines, risers and associated equipment linked to the Agogo FPSO.
Cadeler acquires Menck for EUR 501 million to expand offshore wind foundation T&I
Cadeler has acquired Menck at an agreed EUR 501 million enterprise valuation, adding specialist offshore foundation installation equipment and engineering capabilities to its offshore wind T&I business.
