Saipem Wins Osman Gazi FPU Commissioning Scope for Sakarya
Saipem’s new Osman Gazi FPU commissioning-services award follows its OR&A role and extends its involvement in Türkiye’s Sakarya gas development.
OCEANWIDE INSIGHT · MARITIME · OFFSHORE · ENERGY
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McDermott Wins Cronos Subsea Contract as China FCU Execution Signals Emerge
McDermott has secured a substantial Cronos subsea contract, while industry project data and Chinese procurement activity point to FCU execution preparation.
China’s First 88K VLGC Delivered Early as Qidong Expands into High-End Shipping
The first in a four-ship 88K VLGC series was delivered about three months early, demonstrating Qidong’s move from offshore integration into repeatable gas-carrier construction.
Papua LNG Retenders EPC as Capex Falls to US$14 Billion, Targets 2026 FID
Papua LNG has completed its EPC retendering process, with award recommendations ready for partner approval. Design optimisation and wider Asian competition have reduced estimated investment to about US$14 billion ahead of a targeted fourth-quarter 2026 FID.
Kongsberg Maritime Wins Systems Order for Two Cadeler T-Class WTIVs at COSCO Qidong
Kongsberg Maritime will supply electrical, automation and propulsion systems for two Cadeler T-class wind turbine installation vessels being built at COSCO Shipping Offshore in Qidong, with delivery scheduled for 2030 and 2031.
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A practical guide to the path from discovery and appraisal through concept select, pre-FEED, FEED, FID, EPC and start-up.
SBM Offshore and MODEC: Engineering Contractors, FPSO Owners or Operators?
Their project roles can combine FPSO engineering and delivery, asset ownership or leasing, and long-term operations and maintenance.
Why Oil Companies Do Not Own All the Offshore Assets They Use
Ownership decisions reflect utilisation, redeployment potential, capital requirements and operating capability—not simply whether an oil company can afford the asset.
What Does a Shipbroker Actually Do?
A guide to chartering, sale and purchase, newbuilding and offshore brokerage, and the commercial value brokers bring to a transaction.