Saipem has secured contracts worth approximately €800 million for the Baleine Phase 3 offshore project in Ivory Coast and a new deoxygenation unit at Enilive’s Venice biorefinery.
The United Nations has urged Gulf countries and maritime stakeholders to help evacuate about 6,000 seafarers stranded across the Strait of Hormuz and nearby waters.
Saipem has secured contracts worth approximately €800 million for Baleine Phase 3 offshore Ivory Coast and a new unit at Enilive’s Venice biorefinery.
Chinese shipbuilders recorded a 173% rise in newbuilding orders by tonnage in the first half of 2026, exceeding the previous full-year all-time record.
Hanwha Ocean, HD KSOE and Samsung Heavy Industries are expanding U.S. cooperation in naval ship design, digital shipyards, autonomous vessels, workforce training and supply chains.
Expro has completed its NOK 2 billion acquisition of Enhanced Drilling, adding managed pressure drilling, controlled mud level drilling and riserless mud recovery capabilities.
The European Commission has opened a Phase II investigation into the proposed EUR 21 billion Saipem-Subsea 7 merger over competition concerns in the market for SURF services.
DOF will sell four PSVs, acquire two CSVs under construction and receive a $115 million insurance payment after declaring Skandi Amazonas a constructive total loss.
COSCO Shipping Specialised Carriers will invest up to RMB2.624 billion in eight 60,000 dwt heavylift vessels at CSSC Chengxi Shipyard for offshore wind equipment and project cargo transport.
