BW Group and BW Offshore have appointed Matthew White as CEO of BW Elara. The joint venture will focus on floating desalination solutions to help address water scarcity through floating desalination units.
SBM Offshore has awarded SWS and CSTC a contract to construct the seventh Fast4Ward® Multi-Purpose Floater. The FPSO hull will offer storage capacity of up to 2.3 million barrels and accommodation for up to 240 personnel.
Modules for the Bouri Gas Utilization Project have left Italy for offshore installation in Libya, closing the onshore construction phase.
Petrodec has mobilized OBANA for jacket removal work at Pickerill and Amethyst in the UK Southern North Sea.
Shearwater GeoServices sells idle vessel SW Baret for conversion into a source vessel, expecting a financial gain from the transaction.
Drydocks World has launched the 5,000-tonne floating crane Alnokhada, shifting the project into outfitting ahead of commissioning in Q1 2026. Built by ZPMC Offshore, the crane features 5,000-tonne and 600-tonne hooks for complex offshore, industrial and energy projects.
Petrobras is likely to delay awarding up to four Buzios drilling contracts into 2026 as it reassesses reservoir data and contractors update proposals, amid a softening global deepwater rig market.
ADES has completed its merger with Shelf Drilling, forming a combined offshore drilling company with more than 80 jack-ups and a $9.45 billion backlog as of June 2025.
Inchcape opened a Geoje office, expanding its Korean network to three locations and supporting offshore, naval and shipbuilding projects across 23 ports.
