Jumbo Orders Two Newbuild Heavy-Lift Vessels
25, May 2026
Dajin Heavy secured a $156 million contract from Jumbo to build two 25,000 deadweight tonne multi-purpose heavy-lift vessels for offshore and marine transport work.
Featured News
Arctic Shipping Emissions Outpace IMO Action
23, May 2026
Black carbon emissions from ships operating in Arctic waters continued to increase as vessel traffic expanded and northern routes gained attention, raising questions over whether current regulatory timelines are keeping pace with environmental change.
BP and ExxonMobil Approve Thunder Horse Pump Project
23, May 2026
BP and ExxonMobil have approved a subsea pump project at Thunder Horse, targeting approximately 15,000 barrels of oil equivalent per day in additional peak gross annual average production.
Ørsted Advances Greater Changhua Offshore Grid Integration
23, May 2026
Ørsted completed energisation of all 66 array cables at Greater Changhua 2b and 4, while all 42 turbines at Greater Changhua 4 are now connected to Taiwan’s grid.
BP Expands Indonesia Offshore Portfolio
22, May 2026
BP has signed three offshore PSCs in Indonesia, adding Bintuni, Drawa and Barong interests as partners target future natural gas and LNG opportunities.
Denmark Receives Bids for 1.8GW Offshore Wind
22, May 2026
Denmark has received bids for two offshore wind areas totaling at least 1.8GW as the country moves ahead with new North Sea and Hesselø projects.
Borr Drilling Adds Jack-Up Backlog
22, May 2026
Borr Drilling added 13 contracts in 2026, lifting jack-up rig backlog by more than 2,250 days as it expands its fleet and points to stronger long-term offshore drilling demand.
Lamprell Starts Norfolk Vanguard TP Work
21, May 2026
Lamprell has started manufacturing transition pieces for Norfolk Vanguard West, with first load-out expected in the second half of this year.
Wood Wins Bul Hanine Engineering Deal
21, May 2026
Wood has secured a detailed engineering design contract from COOEC for QatarEnergy’s Bul Hanine offshore oilfield expansion in Qatar.
