NextGeo Completes Bouri Gas Trenching Work
15, June 2026
Next Geosolutions, also known as NextGeo, has completed post-lay trenching work for Libya’s Bouri Gas Utilisation Project through Rana Subsea.
offshore construction
Solstad Offshore and SBM Offshore Plan New Deepwater Installation Vessel
2, June 2026
Solstad Offshore and SBM Offshore will order a new multi-purpose deepwater installation and construction vessel through a joint venture, with delivery targeted for the first half of 2029.
Dajin Moves Into Offshore Wind Installation Vessels
19, May 2026
Dajin Heavy Industry is reviewing offshore wind installation vessel development as Europe prepares for larger turbines and heavier foundations.
COOEC Completes Saudi Aramco CRPO149 Jacket
12, May 2026
COOEC completed fabrication of the Saudi Aramco CRPO149 jacket at Qingdao yard, marking a milestone for its first full EPCI lump-sum offshore project with Saudi Aramco.
ZPMC Advances Deepwater Jack-Up Crane Vessel Build
18, April 2026
ZPMC has reached a major milestone in building its deepwater jack-up crane vessel, featuring 142 m legs, a 1,600 t revolving jib crane and a large load-bearing spud can.
HAPO International Barges Buys Hua Dian Bo Qiang 02
3, March 2026
HAPO International Barges agreed to buy Hua Dian Bo Qiang 02 (ex Hydrodeck) from Shanghai Bo Qiang Heavy Industries. The 140m x 40m x 12m barge will join as H-461, with handover near Shanghai toward the end of April.
QatarEnergy Halts North Field Expansion After Gulf Conflict Escalation
3, March 2026
QatarEnergy suspended the North Field Expansion after the US-Iran conflict began on 28 February 2026. Strikes on Ras Laffan and Mesaieed and the Strait of Hormuz closure have halted offshore work and clouded NFE and NFS timelines.
Subsea7 Raises EBITDA as Saipem Merger Nears
26, February 2026
Subsea7 lifted Q4 2025 adjusted EBITDA to $477 million and proposed a Nkr13 dividend while maintaining 2026 guidance. The Saipem merger still targets completion in H2 2026 pending approvals.
OMS Books Two Ulstein Cable Layers
19, January 2026
OMS Group awarded Ulstein two cable-laying newbuilds (130 m × 22 m), each up to 6,500 tonnes of cable, with delivery targeted for 2028 from Ulstein Verft.
