NKT has brought the first Biscay Gulf Interconnector cables ashore at Lemóniz using NKT Victoria and a drilled route extending more than 1,000 m.
Hanwha Ocean has reached the final bidding stage with SBM Offshore for the $3 billion Venus FPSO project in Namibia and secured approvals for its low-carbon standard FPSO design system.
Hengli Heavy Industries received 207 vessel orders in the first half of 2026, with its backlog reaching about 380 ships through 2030 and production running at about seven ships per month.
Davie Shipbuilding has secured a C$11.3 billion fixed-price contract to build six Program Icebreakers for the Canadian Coast Guard under Canada’s National Shipbuilding Strategy.
Iran’s PGSA has blacklisted 45 vessels over alleged Strait of Hormuz transit violations, while warning that listed ships could face detention, confiscation or fines.
Equinor and its partners started Troll Phase 3 stage 2 production ahead of schedule, accelerating 55 billion standard cubic metres of gas from the Troll West reservoir.
Saudi Arabia-flagged VLCC Amzan was struck west of Yanbu on 24 August as Houthi attacks continued in the northern Red Sea, affecting crude export movements.
Equinor, Aker BP and Vår Energi will jointly pursue 20–25 high-impact exploration opportunities on the Norwegian continental shelf over the next four to five years.
The 70,000 dwt bulker Ocean Winner sank in the Bay of Bengal after developing a list. Two crew members were rescued, while 22 remain missing as the search continues.
