Samsung Heavy Industries has assigned a series of Suezmax-class crude carriers to HSG Sungdong Shipbuilding, marking its first full-vessel outsourcing arrangement with a domestic, non-affiliated shipyard while both companies progress long-term preparatory work.
EUNAVFOR secured an Iranian-flagged dhow tied to the HELLAS APHRODITE hijacking, gathering evidence and coordinating with international partners while addressing a series of pirate actions across the Western Indian Ocean.
The livestock carrier Spiridon II has remained at anchor off Bandırma after Turkey refused to allow unloading due to ear-tag documentation issues. Nearly 2,900 cattle, limited supplies and more than 150 recorded deficiencies have raised serious welfare concerns.
ENERCON has completed its first inland waterway transport of tower sections using the modular push barge Rhenus Berlin I, moving components from the Port of Emden to Haren/Emsland before onward road delivery to a wind farm site.
The Trump administration is preparing to reopen California’s coastline to offshore oil and gas drilling for the first time in decades, facing strong opposition from state leaders and environmental groups.
ExxonMobil CEO Darren Woods said the company is close to lifting the force majeure on its Rovuma LNG project in Mozambique and will move “fairly quickly” toward a final investment decision once the suspension ends.
Vaalco Energy has once again delayed its multi-well drilling campaign offshore Gabon, now set to begin in the fourth quarter as the company reports lower third-quarter earnings due to maintenance and weaker oil prices.
Santos and Carnarvon Energy have delayed offshore exploration in the Bedout sub-basin, which hosts the Dorado discovery, pushing drilling to the first half of 2027 due to rig unavailability.
Lukoil declared force majeure at Iraq’s West Qurna 2 oilfield after US sanctions disrupted its operations and restricted US-dollar transactions, affecting one of the country’s key upstream projects.
