Harbour Energy has agreed to acquire LLOG Exploration Company for $3.2 billion, creating a Gulf of America core unit with oil-weighted deepwater output and long-life reserves.
SBM Offshore has extended lease and operations terms for FPSOs Mondo and Saxi Batuque on Angola’s Block 15 to 2032, with life-extension work on the units planned to start in 2026.
Marco Polo Marine will add two new AHTS vessels worth US$34 million to its fleet by 2026, enhancing capabilities in offshore oil & gas and wind energy sectors.
Yinson Production has secured ABS approval for its Meridian purpose-built FPSO hull design, strengthening its position in the offshore oil and gas sector.
Hanwha Ocean is considering a new shipyard in Niterói, Rio de Janeiro, as Petrobras’ FPSO tenders and Brazil’s industrial policy create momentum for expanded local shipbuilding capacity.
Sevan DWT has introduced a new semi-submersible Floating Production Unit (Semi FPU), expanding its platform portfolio beyond the company’s trademark cylindrical hulls. The concept is designed to deliver scalability, adaptability, and resilience for both oil & gas and renewable offshore projects.
