COSCO Shipping Specialized Carriers has completed the transport and float-over installation of an offshore converter platform for the Qingzhou V & VII offshore wind project, a key milestone in what the company described as the world's first…
Oil prices were steady on Wednesday, as renewed U.S.-Iran hostilities muddied direction, though a forecast U.S. stock draw offered support.Brent futures LCOc1 were up 25 cents, or 0.27%, to $91.70 a barrel at 0736 GMT, while U.S. West Texas Intermediate crude CLc1 was up 23 cents…
Crane specialist Liebherr will supply six RL 2600 offshore cranes for TenneT's 2 GW offshore wind transmission projects in the Netherlands under a contract with Singapore-based engineering, procurement and construction contractor Seatrium.The cranes will be installed on the IJmuiden Ver Beta…
Hydrogen of Dutch Origin (H2DO) and its partners have launched a feasibility and concept study for a 30-50 MW offshore green hydrogen project in the Dutch North Sea, aimed at demonstrating how offshore hydrogen production could support the expansion…
Oil prices fell on Tuesday, erasing most of the previous session's gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump, though both sides warned they could resume hostilities…
Danish logistics specialist deugro has appointed Daniel Kjær as Vice President, Global Wind Renewable Energy, effective June 1, 2026.Based in Aarhus, Denmark, Kjær will be responsible for further developing and executing deugro’s global offshore wind strategy…
Hong Kong-listed provider of offshore, marine and clean energy technologies CM Energy has unveiled the design of its Meridian Class commissioning and service operation vessel (CSOV).The Meridian Class has been developed to meet growing demand for offshore support vessels…
Norway-based TMC Compressors has secured a contract from Yantai CIMC Raffles Offshore to supply marine compressed air systems for two subsea rock installation vessels being built for Dutch marine contractor Van Oord.Under the contract, TMC will…
The OranjeWind offshore wind project, a joint venture between RWE and TotalEnergies, has signed a five-year charter agreement with Purus for the construction and service operation vessel (CSOV) Purus Power.The vessel will support planned and…
Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier.Brent crude futures LCOc1 rose $4.42 or 4.47% to $97.15 a barrel as of 0609 GMT, while U.S…
Sempra Infrastructure has started liquefied natural gas (LNG) production at the ECA LNG Phase 1 project in Ensenada, Mexico, being developed as a joint venture with TotalEnergies.The production of LNG was achieved as part of the commissioning process ahead of commercial operations…
Oil prices edged down after Oman said operations at Mina al Fahal port were proceeding normally, following a Reuters report that oil loadings had been suspended after an explosion.Brent crude futures LCOc1 fell 24 cents, or 0.25%, to $94.79 a barrel by 0704 GMT after settling down 2…
The Arab Shipbuilding and Repair Yard Company (ASRY) has completed its 200th offshore rig project following the delivery of the VALARIS 250 (Bob Palmer) offshore rig project.The milestone was marked during a ceremony attended by executives and officials from ASRY and representatives from Valaris…
A combination of contract terminations, spiraling insurance costs and the threat to EPC projects are creating a complex combination of risk for offshore operators in the Middle East Gulf.In its latest HORIZON Monthly Offshore report, MSI notes that…
Northern Lights JV has awarded a consortium comprising Kawasaki Kisen Kaisha (“K' LINE) and Malaysia's MISC Berhad a time charter contract for a newly built 12,000 cubic meter liquefied CO2 (LCO2) carrier, supporting the expansion of Europe's carbon capture and storage (CCS) infrastructure…
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