Gulf Marine Services has lifted its backlog to $700 million after securing a multi-year contract extension in the Middle East, reinforcing fleet utilisation and long-term earnings visibility.
COOEC has completed the jacket for Shell Nigeria’s HI Project at its Tianjin base. The facility, featuring a hybrid wind and solar power system, will supply 350 million cubic feet of gas daily to the Nigeria LNG Train 7 expansion.
Seatrium secures its second deepwater FPU contract from BP for the Tiber Floating Production Unit (FPU) project, marking a continued partnership between the two companies in the Gulf of America.
Westwood’s APAC offshore report highlights core indicators shaping regional activity, including EPCI forecasts, Southeast Asia contract expectations, offshore wind auctions, rig utilisation levels and vessel fleet conditions across oil, gas and wind markets.
Jumbo Maritime has introduced Frederic Lan-Shun as its new Business Development Director for Asia Pacific, focusing on strategy, market entry, due diligence, and commercial initiatives.
Eni has approved the Coral North floating LNG project off Mozambique, mirroring Coral South to double the nation’s LNG output beyond 7 million tonnes and reinforce Africa’s growing role in global energy supply.
Noble Corporation is evaluating strategic options for its Noble Globetrotter I drillship after its OMV Petrom contract ends in April. According to Upstream, the vessel could be sold if no new intervention work is secured, amid broader fleet adjustments and rig sales across Noble’s global portfolio.
TechnipFMC reported strong quarterly results driven by subsea operations and announced plans to pursue $2 billion in new project opportunities.
SBM Offshore has signed a Memorandum of Agreement with COSCO Shipping Heavy Industry for a new Fast4Ward FPSO hull, expanding its Chinese shipyard partnerships and reinforcing its project pipeline.
