Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) through its wholly owned and major subsidiary Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) announced on November 29 that it has secured a subcontract of the first offsh..
McDermott announced on November 28 that the company has received a limited notice to proceed for an engineering, procurement, construction and installation (EPCI) contract from Shell Trinidad and Tobago Limited for the Manatee gas field..
Fugro announced on November 27 that it has reached a binding agreement for the acquisition of the remaining shares in SEA-KIT International, a long-standing partner in the development of hi-tech uncrewed surface vessels (USVs) for low c..
While offshore wind power projects are expected to grow over 7.7 times by 2030, making it a significant sector in renewable energy, South Korea is also increasing its investments in this field. Two British energy companies have recen..
Apollo announced the award of a significant contract from NEO Energy for a Front-End Engineering Design (FEED) study on November 24. This crucial study will support NEO Energy’s planned redevelopment project in the Greater Buchan ..
Norwegian offshore wind construction company Havfram completed the financing for the construction of a wind turbine installation vessel (WTIV). According to industry sources and foreign media, Havfram secured a loan for two WTIVs, cu..
Hanwha Ocean has reached a significant milestone in offshore plant construction. According to industry sources and Upstream, Hanwha Ocean recently completed a float-off operation for the floating production storage & offloading (..
McDermott announced on November 21 that the company has been awarded a sizeable engineering, procurement, removal and disposal contract by Santos. The offshore decommissioning award is for the full removal and disposal of the Campbell p..
MEYER WERFT announced on November 22 that the company has achieved a breakthrough in its entry into the growing offshore converter platform business. The Papenburg shipyard is carrying out the majority of the steel work for converter pl..
Golar LNG Limited announced that the FLNG Gimi departed Singapore’s Seatrium Shipyard on November 19, 2023. FLNG Gimi is now sailing under its own propulsion, supported by an escort tug, toward BP’s purpose-built Greater ..