Chinese Semi-Submersible Vessel Huaruilong Sets Sail for Guinea

A major maritime transport operation is underway as the semi-submersible vessel Huaruilong, one of the world's largest heavy-lift ships, departs from Ningde Port in Fujian Province, China. The vessel is transporting 13 engineering ships to Guinea, where they will...

Posted on 3/09/2025 / 0 comments / Read More

Boka Vanguard Expands Transport Capacity Following Major Refit in China

Semi-submersible heavy-lift vessel undergoes widening project to accommodate larger floating drydocks, ships, and FPSOsSource: BoskalisThe semi-submersible heavy-lift vessel Boka Vanguard, operated by Boskalis, has completed a major modification at a dry dock...

Posted on 3/08/2025 / 0 comments / Read More

CNOOC Makes Major Oil and Gas Discovery

 CNOOC Ltd, a major player in China’s offshore energy sector, has recently marked an important breakthrough in exploring Paleozoic-era buried hills in the Beibu Gulf basin of the South China Sea. In its Weizhou 10-5 prospect—situated in relatively shallow waters at 37 metres deep—the company encountered...

Posted on 3/07/2025 / 0 comments / Read More

SBM Offshore Secures Fifth FPSO Deal for Exxon’s Guyana Expansion

 SBM Offshore has been awarded a major FPSO contract to deliver the FPSO ONE GUYANA, which will serve ExxonMobil’s Uaru field development in the Stabroek Block offshore Guyana. This is SBM’s fifth FPSO project in Guyana, and the unit will be one of its largest-ever. Designed with a production capacity...

Posted on 3/07/2025 / 0 comments / Read More

Petrobras Expands Offshore Fleet Orders to Support Brazil’s Pre-Salt Growth

Petrobras has expanded its shipbuilding program, increasing its new vessel orders to 48 units by 2026, as the company prepares for a sharp rise in offshore production from Brazil’s pre-salt fields.The orders cover a wide mix of vessels, including: Platform Supply...

Posted on 3/07/2025 / 0 comments / Read More

Medco Energi’s New Oil Find Strengthens Indonesia’s Production Outlook

 Medco Energi, Indonesia’s leading independent energy company, has announced a significant oil discovery after completing drilling at its Senoro-3 wildcat well in the Senoro-Toili Block offshore Sulawesi. The well encountered high-quality oil-bearing sands...

Posted on 3/06/2025 / 0 comments / Read More

New Fortress’ Floating LNG Plant Outperforms Expectations in Early Operations

 (Photo Source: newfortressenergy.com)New Fortress Energy has confirmed that its pioneering Fast LNG 1 facility, a modular floating liquefaction plant installed off Louisiana, is already producing above its design capacity in early operations. Mounted on...

Posted on 3/06/2025 / 0 comments / Read More

TotalEnergies Completes Key Milestone with Taiwan Offshore Wind Farm

 TotalEnergies has officially completed the Hai Long Offshore Wind Project, a 1.2 GW development off the coast of Taiwan, solidifying its position as a major player in Asia’s renewable energy transition.The project, developed in partnership with Yushan Energy, combines fixed-bottom turbines and...

Posted on 3/06/2025 / 0 comments / Read More

NYK Signs Historic Deal for Heavy Cargo Ships at Chinese Shipyard

(Photo Source: nbpc.co.jp) Japanese shipping major NYK Bulk & Projects Carriers has signed a landmark contract with China’s Dalian Shipbuilding Industry Co. for up to four new 33,000 dwt deck carriers. This marks the first time NYK Bulk has ordered...

Posted on 3/06/2025 / 0 comments / Read More

Trump Prepares Bold Action to Rebuild US Shipyards and Counter China

The Trump administration is preparing to issue a sweeping executive order designed to rebuild the United States’ struggling shipbuilding sector, with a focus on countering China’s near-monopoly in global ship production. The order, which could be signed as early as next week, outlines several major...

Posted on 3/06/2025 / 0 comments / Read More

Norwegian player carves away FPSO segment from renewables business

 Penguins FPSOOslo-listed company Magnora has decided to separate its legacy business, the divested segment related to floating production storage and offloading (FPSO) units for oil and gas industry, from its renewables business, with significant activity...

Posted on 1/21/2024 / 0 comments / Read More

HD Hyundai Heavy Industries, NAPA and CADMATIC develop digital shipyard

Source HD Hyundai Heavy IndustriesHD Hyundai Heavy Industries, the world's premier shipbuilding company, has launched an innovative joint development project with two leading maritime software firms, specializing in smart 3D design, engineering, and information...

Posted on 1/21/2024 / 0 comments / Read More

COSCO SHIPPING Specialized’s XIANG TAI KOU Delivered

 XIANG TAI KOU (Source Cosco Shipping)COSCO SHIPPING Specialized’s newest 65,000t DWT DP2 semi-submersible vessel was delivered on December 28th, 2023. This new 46m wide addition brings the total fleet to sixteen vessels.In the previous year, COSCO Shipping...

Posted on 1/20/2024 / 0 comments / Read More

HMH Secures Major Contract with Brazilian Driller Constellation

 Gold Star rig (Source Keppel)HMH, a Norwegian company specializing in both offshore and onshore drilling equipment, has recently signed a significant long-term services agreement with Brazilian drilling contractor Constellation Oil Services. This deal, notable...

Posted on 1/20/2024 / 0 comments / Read More

Grain de Sail II: Inaugurating the Future of Eco-Friendly Maritime Transport

Grain de SailGrain de Sail, a French company, recently held a celebration for the christening of Grain de Sail II, the world's most substantial modern cargo sailboat. This vessel, constructed by the local shipbuilder Piriou, represents a significant advancement...

Posted on 1/20/2024 / 0 comments / Read More

Octopus-Onboard selected for Dockwise Vanguard

Amarcon, part of the ABB group, has received an order for OCTOPUS-Onboard for Dockwise's latest semi-submersible heavy lift vessel, Dockwise Vanguard. The vessel  was launched in November 2012 and is currently undergoing sea trials. Read More Source: Offshore...

Posted on 12/19/2012 / 0 comments / Read More

COSCO and NMA Maritime Form Joint Ventures

China's COSCO Shipping has established two new companies with NMA Maritime & Offshore Contractors in the Netherlands. The partners, who have done business together for more than 25 years, will form companies in the Netherlands and in the U.S., COSCO Shipping said in a statement. Read More Source:...

Posted on 12/19/2012 / 0 comments / Read More

Shtokman could be back up and running

There is a suggestion that the giant Shtokman gas project is up an running again with front end engineering and design underway. Technical design work is now underway for the first two phases of the Shtokman field gas development in the Barents Sea, according to an official Gazprom statement cited...

Posted on 12/19/2012 / 0 comments / Read More

Olympus hull sets sail for Shell

The hull of Shell's new tension-leg platform has begun its journey to the Gulf of Mexico as the Anglo-Dutch supermajor prepares to take the next steps in its plan to expand deep-water development in the prolific Mars field. Read More Source: Upstreamonl...

Posted on 11/28/2012 / 0 comments / Read More

ONGC pushes back jack-up tender

India’s state-owned Oil & Natural Gas Corporation (ONGC) has delayed the $200 million-plus tender involving conversion of its jack-up rig Sagar Pragati into a mobile offshore production unit (Mopu) by close to two months. Sources close to the tendering process said that the bid submission...

Posted on 11/28/2012 / 1 comments / Read More

Dockwise Vanguard prepares to set sail

Dockwise's brand new 275-metre-long heavy lift vessel Dockwise Vanguard is due to begin service by the end of the year. The Dutch company is holding a vessel naming ceremony at Hyundai Heavy Industries in South Korea on 29 November. The giant ship is the largest in Dockwise's fleet. Read More Source:...

Posted on 11/28/2012 / 0 comments / Read More

COOEC links with Petrofac to chase Dorra

Chinese fabricator Offshore Oil Engineering Company (COOEC) has formed a partnership with UK-listed Petrofac to jointly bid for the engineering, procurement, construction and installation (EPCI) contract for developing the offshore Dorra non-associated gas field in the neutral zone between Saudi...

Posted on 11/28/2012 / 0 comments / Read More

Boskalis Becomes Largest Shareholder in Dockwise

Royal Boskalis Westminster N.V. has announced that it currently holds a 33.0% stake in the Dutch heavy lift and transportation company Dockwise. As a result, Boskalis is now the largest shareholder in Dockwise. Boskalis on Monday announced its intention to acquire Dockwise for a total consideration...

Posted on 11/28/2012 / 0 comments / Read More

Competition heats up for Upper Zakum expansion

Bidders for the $4 billion Upper Zakum (UZ 750) oilfield expansion project are squaring off for what could be a sharp fight as the Abu Dhabi client considers its options following commercial tenders giving a South Korean contractor the edge. The client Zakum Development Company (Zadco) is “not...

Posted on 11/23/2012 / 0 comments / Read More

Waiting game for Browse contract rivals

Rivals for the major turnkey contracts for the Browse liquefied natural gas project in Western Australia have each put their bids forward and now await the final decisions of operator Woodside Petroleum. It is understood that commercial and technical clarifications...

Posted on 11/23/2012 / 0 comments / Read More

Mariner and Bressay bids under evaluation

Statoil expects to make a significant step forward with its Mariner and Bressay heavy oil developments in the UK North Sea by the end of this year. Bids for Engineering Procurement and Construction of the major surface facilities at Mariner are now with Statoil and are under evaluation. And...

Posted on 11/23/2012 / 1 comments / Read More

Prosafe: Contract award for Safe Scandinavia

Prosafe has been awarded a contract by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the British sector of the North Sea. The firm period of the contract is 187 days with on-site operations planned...

Posted on 8/01/2012 / 0 comments / Read More

Ensco Takes Delivery of Final ENSCO 8500 SeriesRig

Ensco plc (NYSE: ESV) took delivery of the seventh and final rig in the ENSCO 8500 Series® on 30 July at the Keppel FELS shipyard in Singapore, where all the rigs in the series have been built. The rig is contracted to Anadarko for...

Posted on 8/01/2012 / 0 comments / Read More

Olympia secures US $652 million deal

Norway's Ocean Rig has landed a major new drilling deal for one of its latest units worth US $652 million.Ocean Rig Olympia has received a letter of award by an undisclosed major operator for a three year drilling contract offshore West Africa, continuing...

Posted on 4/10/2012 / 0 comments / Read More

Hyundai inks LNGC for Tsakos

Athens, Greece - April 10, 2012 - Tsakos Energy Navigation announced the order of one plus one state-of-the-art LNG carrier for delivery in Q1 2015 at a major South Korean yard.While the owner does not reveal the yard involved in the deal, it was reported that...

Posted on 4/10/2012 / 2 comments / Read More

DSME Signs MoU with Peru Government for Construction of Naval Vessels

Daewoo Shipbuilding & Marine Engineering Co inked a memorandum of understanding with Peru for construction of naval vessels for the country’s navy. The MoU includes construction of the new vessels and maintenance and upgrades of Navy’s submarines. Daewoo...

Posted on 4/10/2012 / 0 comments / Read More

Fairstar announces sea trials FORTE and launching FINESSE

Fairstar Heavy Transport N.V. (FAIR) announced the Company's new build 50,000DWT semi-submersible vessel FORTE has departed the quayside and begun a series of tests and sea trials off the coast of China. The sea trials will be under the supervision of Det...

Posted on 4/10/2012 / 0 comments / Read More

Prosafe awarded contracts by Statoil

Prosafe has been awarded two separate contracts by Statoil Petroleum AS (‘Statoil’) using the Safe Scandinavia and Regalia. The Safe Scandinavia will be used for accommodation support at Snorre A in the Norwegian sector of the North Sea for a nine-month firm...

Posted on 4/10/2012 / 1 comments / Read More

Wilton Engineering secures major North Sea project with Subsea 7

Wilton Engineering Services (WESL) Limited – the international design, engineering and fabrication business – has secured a multi-million pound contract with Subsea 7.  Wilton Engineering, a Wilton Group company, will construct support clamps for work...

Posted on 4/10/2012 / 0 comments / Read More