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.
BigLift’s heavy load carrier BIGLIFT BARENTSZ is transporting the Perenco jackup KOMBI 2 from North Sea Port to Port Gentil, Gabon.
Reach Subsea’s uncrewed surface vessel, Reach Remote 1, has received clearance from Norwegian maritime authorities to operate without a supporting vessel — a milestone for autonomous offshore operations.
BP has secured a major arbitration win against Venture Global LNG over missed cargo deliveries, marking a significant development in the ongoing LNG supply disputes involving U.S. exporters.
Seatrium Offshore Technology and Cochin Shipyard have signed an MoU to expand cooperation in offshore energy and MRO projects across India and Asia, supporting regional energy transition.
Seatrium has divested its AmFELS Yard in Brownsville, Texas, to Karpowership affiliate Karpower Valley LLC for S$65 million, as part of a strategy to streamline operations and boost capital efficiency.
