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Component 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 15+ MW-class offshore wind turbines and is equipped with a 1,900-tonne main crane featuring a 180-metre hook height.The construction program included heavy-lift operations…

NYK Advances Design of Subsea Cable-Laying Vessel

1 hour ago

Japanese shipping major NYK Line has completed the basic design of a new long-distance subsea cable-laying vessel intended to support the development of Japan’s future high-voltage direct current (HVDC) transmission network, marking a key milestone…

DRIFT Energy, Enapter to Develop Marinized Electrolyzer Technology for Offshore Hydrogen

Mar 03, 2026

DRIFT Energy, a leader in ocean-based renewable energy, has signed a collaboration agreement with Enapter to adapt the design of their Anion Exchange Membrane (AEM) electrolyzer technology for deployment at sea. The agreement was formalized during a visit by DRIFT’s CEO…

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Feb 23, 2026

Seatrium has put in motion a series of non-core asset divestments set to complete by early 2026, targeting over $40 million (S$50 million) in annualized operational cost savings.The Singapore-based offshore and marine group said the savings…

Inpex Secures Environmental Approval for Indonesia’s Abadi LNG Project

Feb 20, 2026

Japan’s largest exploration and production (E&P) firm Inpex has received environmental approval from the Indonesian government for its Abadi liquefied natural gas (LNG) project in the Masela Block, marking a key milestone as the development…

Precision Shaft Alignment: A Sustainable Advantage in Modern Engineering

Feb 10, 2026

Sustainability has become a defining priority across industrial and maritime operations. While much of the discussion centers on alternative fuels and emerging technologies, one of the most immediate and cost-effective opportunities to reduce…

CAPE Holland Awarded Contract for Fengmiao Offshore Wind Farm

Feb 06, 2026

CAPE Holland, a global leader in offshore industry foundation installation equipment and a company within the Venterra Group, announced that it has secured a contract with CDWE for the Fengmiao Offshore Wind Farm project in Taiwan. Under this agreement…

Equinor, Eneco Sign Five-Year Gas Supply Deal for Netherlands

Feb 05, 2026

Equinor and Eneco have signed a five-year agreement for the supply of natural gas to the Netherlands, with deliveries of up to 0.5 billion cubic meters (bcm) per year.Under the agreement, gas deliveries to the Dutch gas grid began on February 1 this year…

Europe Turns to Offshore Wind to Curb Dependence on US Gas

Jan 27, 2026

European countries have agreed to jointly develop a vast offshore wind network, marking a pivotal step in the region's push to both trim its dependence on U.S. natural gas imports and tackle rising renewable energy costs.At the North Sea Summit on Monday…

Europeans Commit to Wind Energy Expansion Despite Trump Criticism

Jan 23, 2026

European governments including Germany, Britain and Denmark will reinforce their plans to massively expand wind power projects on Monday, despite U.S. President Donald Trump stepping up criticism of their green energy agenda, a draft declaration due to be signed by government leaders showed…

McDermott Lands EPCI Job at ADNOC’s Al Nasr Field

Jan 23, 2026

McDermott has been awarded a major contract, worth between $750 million and $1 billion, by ADNOC for engineering, procurement, construction and installation (EPCI) services for the Nasr-115 Expansion Project.The project is located approximately…

Inpex to Refile Environmental Plan for Australia’s Offshore CCS Project

Jan 20, 2026

Japan’s Inpex will resubmit an environmental plan for its proposed 8 million metric ton-per-year Bonaparte carbon capture and storage (CCS) project off the north coast of Australia, a company spokesperson told Reuters on Tuesday.On Sunday, the…

ExxonMobil Enlists Shearwater for 3D Seismic Survey in South America

Jan 15, 2026

Offshore seismic services firm Shearwater Geoservices has secured a contract for a large 3D seismic acquisition program for ExxonMobil Trinidad and Tobago Deepwater.The deepwater survey offshore Trinidad and Tobago will cover approximately 6…

China Installs ‘World’s First’ 20MW Offshore Wind Turbine

Jan 15, 2026

A 20 MW offshore wind turbine, jointly designed and built by China Three Gorges (CTG) and Goldwind, has been installed in the southern Fujian in China as part of a research project, setting a world record for the highest-rated offshore wind turbine to be installed at sea…

ABS and AMOG to Advance Offshore Mooring Digital Twin Technology

Jan 13, 2026

ABS and AMOG Consulting have signed a memorandum of understanding (MOU) to collaborate on an offshore mooring digital twin.The agreement combines AMOG’s monitoring technology with ABS’ classification and certification capabilities to deliver…

Current News

Velesto Gets Shell’s Deepwater Job Offshore Malaysia

Velesto Gets Shell’s Deepwater Job Offshore Malaysia

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Asia’s Oil Reliance on Middle East Explained

Asia’s Oil Reliance on Middle East Explained

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

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