Featured News
Subsea7 Wins Sizeable BSP Pipeline Contract Offshore Brunei
Subsea7 has secured a sizeable contract from Brunei Shell Petroleum for the EPCI of subsea pipeline and riser systems in water depths of up to 50 m offshore Brunei.
Incat Loads Hull 096 Onto Black Marlin for South America Transport
Incat Tasmania has loaded Hull 096 onto Boskalis’ heavy-lift vessel Black Marlin for transport to South America before commissioning for Buquebus.
London Insurers Widen Red Sea High-Risk Zone After Houthi Attacks
London marine insurers have widened the Red Sea high-risk zone after Houthi attacks on Saudi-linked vessels, with war risk premiums rising for ships serving Saudi ports and regional routes.
SK Oceanplant Secures BalWin5 Jacket Contract from Seatrium
SK Oceanplant has secured a $110.7 million Seatrium contract to supply one jacket foundation and 20 piles for TenneT’s BalWin5 HVDC offshore converter platform in the German North Sea.
France Awards €260m to Five Ports for Floating Offshore Wind
France has awarded almost €260m to five ports under France 2030 to upgrade infrastructure for floating offshore wind and support nearly €1bn of port investment.
Shell Agrees to Sell BG Cyprus to MOL Group for Up to $720 Million
Shell has agreed to sell BG Cyprus to MOL Group for up to $720 million, transferring a 35% interest in the Aphrodite offshore gas field. Completion is expected in early 2027.
Azule Energy Starts Greater PAJ FPSO Topside Construction in China for Angola Project
Azule Energy has started Greater PAJ FPSO topside construction at CIMC Raffles’ Haiyang yard in China for the five-field offshore development in Angola.
U.S. Sanctions Two Firms Over Iran’s Hormuz Transit Fee System
The U.S. sanctioned two entities over an alleged IRGC-linked transit fee system in the Strait of Hormuz and designated eight tankers accused of working for Iran.
INEOS Project ONE Module Arrives in Antwerp Aboard Ji Xu Xiang 88
INEOS has received a 6,920-tonne Project ONE module in Antwerp aboard Ji Xu Xiang 88 after months of disruption linked to the Strait of Hormuz.
