Siemens Energy and Neptun Smulders Offshore Renewables have won a 50Hertz contract to deliver the 2 GW North Sea Connector 2 grid connection system.
Kosmos Energy completed the sale of its 40.375% interest in Equatorial Guinea’s Block G to Panoro Energy, reducing exposure to higher-cost production and strengthening liquidity.
LH2 Shipping secured NOK 344.3 million in Enova funding for two liquid hydrogen-powered bulk carriers, advancing Norway’s push to commercialize zero-emission shipping and expanding its hydrogen vessel pipeline to six ships.
ExxonMobil has proposed a 35-well exploration and appraisal drilling campaign in Guyana’s Stabroek block, with operations planned from 2028 through 2033.
AD Ports Group and Dajin Heavy Industry have signed an MoU to explore offshore wind supply chain, maritime logistics, port infrastructure and vessel investment opportunities.
China has deployed a domestically built AI robotic welding system in Tianjin to support offshore rig fabrication and improve shipyard safety and efficiency.
Shell has signed five contracts with Venezuela covering the 7 Tcf Loran gas field, oilfield expansion and gas flaring reduction measures.
Taiwan reached 4.8 GW of offshore wind capacity after installing its 500th turbine. The country ranked fifth globally in installed offshore wind capacity in 2025 and third for new additions.
The Trump Administration has withdrawn its appeal of a federal court ruling that struck down the nationwide wind leasing and permitting freeze, leaving the decision in force and allowing federal approval processes for wind projects to continue.
