Korea Midland Power has closed financing for the 390MW Shinan-Wi offshore wind project, which will install 26 turbines and South Korea’s first commercial offshore substation.
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.
Taipower is reviewing a partnership-based offshore wind development model, moving away from sole ownership and turnkey contracting as it weighs co-investment with private-sector partners.
RWE places a firm order with Vestas for 92 V236-15.0 MW turbines for the 1,380 MW Norfolk Vanguard West project, following its UK AR7 CfD award in January 2026.
MOL has signed project finance for a newbuild FSRU to be operated by SLNG as Singapore’s Second LNG Terminal, backed by a syndicate including JBIC, MUFG, DBS, OCBC and SCB.
ADNOC has signed a non-recourse structured financing of up to $11 billion for Hail and Ghasha in the Ghasha Concession, tied to midstream gas output targeting 1.8 bscfd and net zero offshore operations.
Ocean Winds has reached Financial Close on the 390 MW BC-Wind offshore wind farm in Poland’s Baltic Sea, securing about €2 billion in project finance supported by the EIB, ICO and commercial banks.
