SBM Offshore has signed a US$465 million project financing agreement for FSO Chalchi, which will operate at the Trion field offshore Mexico under 20-year contracts with Woodside.
SolarDuck has been awarded a 3.2 million subsidy through the Steady Seas programme to advance the Offshore Floating Power & Utility Hub for remote offshore and subsea assets.
Korea’s Big Three shipbuilders are forecast to post a combined 14.5% operating margin in Q2 as LNG carriers, FLNG projects and higher-value orders lift profitability.
N-Sea Group has appointed former COO Pim Nelemans as CEO, effective 15 June, after Martin Adler stepped down from the role.
Samsung Heavy Industries has won a KRW 4.3 trillion FLNG order from a North American client, bringing its annual order intake to $8.3 billion.
Beach Energy will redirect more than $500 million in planned Otway spending after revising development plans and restructuring its VIC/L35 portfolio.
Seatrium and ABS signed an MOU to support maritime and offshore energy innovation, regulatory readiness, decarbonization, and emerging technology verification.
Woodside has advanced Scarborough, Trion and Louisiana LNG while also reporting progress at Julimar, Wheatstone recovery and its Chevron asset swap.
Asso.subsea’s new cable-laying vessel Althea has entered hull assembly at CMHI in Shenzhen, with delivery of the 12,000-tonne-capacity vessel expected next year.
