Porto Central Complexo Industrial Portuário and M.A.R.S. Europe have signed an amendment to their memorandum of understanding that extends their ongoing collaboration on a ship decommissioning and recycling yard in Brazil. The amendment extends…
Eni and Petronas have signed a binding agreement to establish a new satellite company through the business combination of their upstream assets in Indonesia and Malaysia.The signing follows a framework agreement signed in June 2025.The independent…
U.S. independent ConocoPhillips began drilling its first exploration well as part of larger campaign searching for natural gas offshore eastern Australia, 3D Energi, its junior partner in the project, said on Monday.Work began over the weekend on the Essington-1 well…
The Norwegian Offshore Directorate (NOD) has drawn up guidelines explaining how to fulfil the requirements in Section 26 of the regulations relating to documentation in connection with storage of CO2 on the Norwegian continental shelf.The objective…
The CEO of QatarEnergy, one of the world's biggest liquefied natural gas producers, told Reuters on Monday that the company's massive North Field expansion project will produce its first LNG in the second half of 2026.The state-owned company said in May that first production at the field…
Seatrium Limited has announced that it has entered into a binding agreement with Brazilian vessel operator, Posidonia Shipping and Trading Ltda, an unrelated third party, to sell 100% equity interest in its indirect wholly-owned subsidiary, Guanabara Navegação Ltda (GNL)…
Carpentaria Marine Services, a marine services provider in northern Australia, is expanding its fleet after commissioning Incat Crowther to design a new multi-purpose offshore support vessel.Construction of the vessel, which will be deployed…
Kongsberg Gruppen has proposed spinning off its Kongsberg Maritime business in a separate stock market listing and consolidating its Kongsberg Defence & Aerospace and Kongsberg Discovery units into a single technology and defense company.The…
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Mermaid Subsea Services (UK) has completed a fast-track subsea recovery campaign in the North Sea for a major operator.The operation involved the internal and external severance of casing, conductor, guide pipe and cement lines, as well as local…
U-Ming Marine Offshore (UMO) and Purus have teamed up to form UPO Holdings (UPO), a joint venture aimed at expanding offshore wind operations in Taiwan and the region.UPO is commissioning two state-of-the-art VARD 419 Commissioning Service Operation Vessels (CSOVs)…
QatarEnergy has signed a 17-year sales and purchase agreement (SPA) with Gujarat State Petroleum Corporation (GSPC) for the supply of up to 1 million tons per annum (MTPA) of liquefied natural gas (LNG) to the Republic of India.Pursuant to the terms of the SPA…
Oil company PRIO has signed an agreement with Shape Digital, a developer of AI-driven solutions, for the deployment of Shape Lighthouse, an asset management platform designed to enhance operational reliability, reduce maintenance costs, and maximize production…
Norwegian offshore support vessel owner Havila Shipping has signed a contract with Peterson Den Helder for its platform supply vessel (PSV) Havila Borg.The contract, signed on market terms, is planned to be in direct continuation of existing contract for a firm period until late fourth quarter 2026…
Seatrium has secured a series of repair and upgrade contracts worth an aggregate of about S$170 million ($131 million). All works are slated for completion by the first quarter of 2026.Seatrium continues to reinforce Singapore’s status as a premier hub for cruise ship upgrades and retrofits…