Offshore Construction News

 

Seatrium Delivers Next-Gen WTIV Newbuild to Maersk Offshore Wind

Feb 27, 2026

Singapore-based Seatrium has delivered a next-generation wind turbine installation vessel (WTIV) to Maersk Offshore Wind, following the completion of sea trials and final readiness evaluations.The custom-engineered vessel is designed to install…

Boskalis, TKF Ink Baltic Offshore Wind Cable Installation Deal

Feb 26, 2026

Dutch offshore services provider Boskalis, in consortium with TKF Subsea Solutions, has signed a contract with OWP Gennaker, as developed by Skyborn Renewables, for the supply and installation of inter-array cables for the Gennaker offshore wind farm in the German Baltic Sea…

SBM Offshore Beats Revenue Forecast

Feb 26, 2026

Dutch offshore oil services company SBM Offshore announced a 57% annual surge in shareholder returns to a record $470 million (397.8 million euros) on Thursday and said it will return at least $2.1 billion to investors over six years.The Amsterdam…

Worley Gets Denmark’s Hydrogen Transmission Network Job

Feb 25, 2026

Worley Limited has been awarded a five-year engineering, procurement and construction management (EPCM) services contract by Energinet Brint to support Phase 1 of Denmark’s Hydrogen Backbone pipeline.The Danish Hydrogen Backbone 1 project will…

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

Feb 25, 2026

Japanese oil and gas explorer Inpex said it aims to start the tender process for engineering for its Abadi gas project in Indonesia in the middle of this year, as Jakarta pledged to remove bureaucratic snags to help expedite the $21 billion development…

Nam Cheong Hooks $64.5M Deal to Build Four OSVs

Feb 24, 2026

Malaysia-based offshore support vessel (OSV) builder Nam Cheong has secured shipbuilding contracts worth $64.5 million from a UAE-based global energy maritime logistics company for the construction of four offshore support vessels, marking its first newbuild contract win in over a decade…

Dajin Signs Up Polish Shipyard for Nordseecluster B Foundation Kits

Feb 24, 2026

Dajin Offshore has signed a $13.1 million contract with Poland’s state-owned Szczecin Shipyard Wulkan to fabricate at least 40 ready-to-install internal platform sets for foundations for the Nordseecluster B offshore wind project in the German North Sea…

Saipem Awarded $500 Million Contract by Aramco

Feb 23, 2026

Saipem has been awarded an additional offshore contract (Contract Release Purchase Order or CRPO) in Saudi Arabia under its existing Long-Term Agreement with Aramco.Saipem’s scope of work includes the Engineering, Procurement, Construction and Installation (EPCI) of a 48inch trunkline…

Vestas Books 1.38GW Offshore Wind Turbine Order from RWE in UK

Feb 23, 2026

Danish wind turbine maker Vestas has received a firm 92-turbine order for RWE’s 1.38 GW Vanguard West offshore wind project in the United Kingdom.Vestas will be responsible for the supply, delivery and commissioning of the V236-15.0 MW turbines for the project…

GLO Marine to Invest $7M in New Vessel Retrofit Hub in Romania

Feb 23, 2026

Retrofit specialist GLO Marine has announced a $7 million (€6 million) investment in a new integrated assembly and production facility in Galați, Romania, as it seeks to expand its end-to-end vessel upgrade and decarbonization capabilities.The new facility will allow the company to engineer…

AKOFS Offshore Inks New Vessel Deal with Petrobras

Feb 20, 2026

Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue…

EEW, CS Wind Deliver First Offshore Wind Monopiles for Vattenfall’s Nordlicht I

Feb 20, 2026

The first monopiles and transition pieces for Nordlicht I have been completed ahead of schedule by suppliers EEW and CS Wind for Vattenfall’s German offshore wind cluster, as offshore construction prepares to begin later in 2026.Each monopile measures up to 80…

Mubadala Energy Finalizes Nargis Deal with Eni Offshore Egypt

Feb 20, 2026

Mubadala Energy has completed the acquisition from Eni of a 15% participating interest in the Nargis Offshore Area concession in Egypt.Following the transaction, Eni holds 30% of the contractor interest in the block through its subsidiary IEOC…

MISC Secures Long-Term Charter for Papua New Guinea's First FSO

Feb 19, 2026

Malaysia’s MISC has secured long-term bareboat charter and operations and maintenance contracts with ExxonMobil PNG (EMPNG) for Papua New Guinea’s first floating storage and offloading (FSO) unit.The contracts comprise a firm 15-year charter with extension options of up to an additional 15 years…

Akita Offshore Wind Build Progresses as JERA Defies Cost Pressures

Feb 19, 2026

Japan's top power generator JERA has begun construction of its offshore wind project in Akita, northern Japan, and is on schedule for a 2028 start-up, President Hisahide Okuda said on Wednesday.The move comes despite soaring material and construction costs…

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