The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days…
Strategic Marine and Mainprize Offshore have signed a Protocol of Delivery and Acceptance (PODA) for the MO15 and MO16 crew transfer vessels (CTVs), extending a multi-vessel offshore renewables vessel program announced in 2024.The agreement follows the earlier delivery of the MO10…
ABL has been hired to support Esso Australia Resources as preparations advance for what the company described as Australia’s largest offshore decommissioning campaign in the Bass Strait.The Gippsland Decommissioning Campaign #1 Project is expected…
Norwegian subsea services firm Reach Subsea has signed a memorandum of agreement with Beacon Offshore to establish a strategic partnership targeting subsea projects offshore Australia.Under the agreement, the companies will collaborate exclusively on marketing…
Denmark has received bids for two offshore wind areas in the North Sea and Kattegat designated for at least 1.8 GW of offshore wind capacity, the Danish Energy Agency has informed.The bids cover the Nordsøen Midt (Central North Sea) and Hesselø offshore wind areas…
Wood has secured a contract by China Offshore Oil Engineering Company (COOEC) to deliver detailed design work for QatarEnergy’s Bul Hanine EPIC2 offshore oil and gas redevelopment project in Qatar.The scope includes the design of 25 subsea pipelines…
Guice Offshore, a leader in the offshore maritime mini supply vessel specialty market, announced the return of GO Searcher to its fleet, bringing the total number of Guice Offshore-owned vessels to 19.The GO Searcher, which has played a role in pioneering aerospace operations since 2014…
PALFINGER has secured a contract to supply davit cranes for five offshore converter platforms in the North Sea, expanding its presence in the offshore wind market as Europe accelerates grid infrastructure development tied to renewable energy projects…
Seiche, in collaboration with a consortium of leading marine science organizations, is delivering a pilot program to assess the feasibility and effectiveness of proposed underwater noise limits from pile driving during the construction of offshore wind farms…
Aqua superPower and Tidal Transit have formed a strategic partnership to support the deployment of electric crew transfer vessels (E-CTVs) for ports and harbors serving offshore infrastructure, including offshore wind projects.Under the agreement…
Dutch offshore services provider Boskalis has decided to invest in a new high-capacity cable laying vessel (CLV) to support growing demand in the offshore wind and interconnector markets.The vessel, expected to enter service in 2029, will target long-distance cable installation projects…
Technip Energies has received full notice to proceed for a major engineering, procurement and construction (EPC) contract with Commonwealth LNG for a liquefied natural gas export facility in Louisiana.The notice follows the final investment decision (FID) for the 9…
Oil major BP is considering selling some of its natural gas assets in Egypt, four people close to the matter told Reuters, as new CEO Meg O'Neill restructures the group to cut debt and refocus on more profitable projects.BP has invested more than $35 billion in Egypt over six decades…
Cadeler has completed the installation of the first fully commissioned monopile foundation at Ørsted’s Hornsea 3 offshore wind farm in the UK, marking a major milestone in the execution of one of the world’s largest offshore wind developments…
Türkiye has announced plans to launch its first offshore wind Renewable Energy Resource Area (YEKA) tender after completing permitting processes for four identified offshore sites, Energy and Natural Resources Minister Alparslan Bayraktar said…