CNOOC targets a 40% offshore wind capacity increase in 2026 to reach 3.5 GW, partnering with Ming Yang Smart Energy as falling costs and national targets accelerate China’s offshore wind build-out.
BW Offshore and McDermott outline a floating blue ammonia FPSO concept to convert offshore gas into low-carbon ammonia, capture up to 99% CO₂, and export directly to carriers.
Sevan Deepwater Technology and LATTICE International AS are evaluating an optimised FSIU concept for CCS, combining LPV storage technology with a cylindrical hull design.
Rio de Janeiro state has adopted a dedicated offshore wind policy, setting principles for offshore area use, aiming to attract investment, create skilled jobs and strengthen ocean-related industries.
PV Gas plans VND100+ trillion capex for 2026–2030, prioritising LNG infrastructure and M&A, while advancing Thi Vai expansion to 3 MTPA and multiple terminals nationwide.
Star of the South has lodged its EIS after seven years of technical and environmental work, farmland purchase near Reeves Beach and renewed Major Project Status for the Gippsland offshore wind project.
Equinor plans to drill 250 oil and gas exploration wells in Norway by 2035, investing $5.86 billion annually to maintain production levels, as fossil fuel demand continues globally.
Nexans has launched the hull of its cable-laying vessel Nexans Electra at Ulstein Verft, moving the project into the outfitting phase before commissioning, testing and seatrials ahead of its planned 2026 delivery.
GWEC and OWC have urged Japan to reform its offshore wind auction system and establish a public-private forum to accelerate clean energy development and ensure investor confidence.
