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Reporting, analysis and practical reference articles across maritime, shipbuilding, offshore engineering, oil and gas, LNG and energy equipment.
Shipbuilding & OffshoreShell has agreed to acquire a 30% non-operated interest in Bay du Nord. Equinor will retain 70% and remain operator as the FPSO project advances through FEED toward an early-2027 FID.
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Maydan MahzamCOOEC has won QatarEnergy's MM EPIC2 package, covering more than 100 kilometres of subsea pipelines, cables and umbilicals for the Maydan Mahzam redevelopment.
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FSRUSeatrium has secured its first FSRU conversion EPCIC project for Excelerate Energy, with engineering due to begin in the fourth quarter of 2026 and delivery targeted for 2028.
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Grace DahliaGolar has agreed to acquire Grace Dahlia from NYK Line for conversion into its fourth FLNG at CIMC Raffles' Yantai yard, with redelivery scheduled for 2029.
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FPSO JAKYinson will upgrade FPSO JAK's gas-processing facilities and extend its firm lease to 2036, adding about US$600 million in firm backlog through the higher day rate and longer term.
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LNGT AkdenizSeatrium will convert LNGT Akdeniz for Karpowership, the partners' ninth FSRU project, with work scheduled to begin in the first quarter of 2027.
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Agogo FPSOAgogo FPSO has reached 80,150 barrels per day, its highest rate since first oil, while continuing to maintain zero routine flaring during the production ramp-up.
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Shipbuilding & Offshore EngineeringTianjin BOMESC has signed an integrated design, procurement and fabrication contract for FPSO topsides modules with Single Buoy Moorings, valued initially at RMB1.6–2.1 billion and scheduled for completion in the second half of 2028.
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LNG & Energy EngineeringLNG Canada's five partners have sanctioned Phase 2, adding two liquefaction trains and doubling total capacity from 14 mtpa to 28 mtpa, with commercial operations expected in the early 2030s.
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Shipbuilding & OffshoreThe proposed Tianjin shipbuilding and offshore base has entered engineering-survey tender preparation, with two 300,000-dwt dry docks, six outfitting berths and vessel deliveries targeted from 2029.
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Maritime & ShippingTianjin Xinglian Logistics has registered capital of RMB30 million. Maersk Hong Kong owns 51% and CIMC Wetrans 49%, with container-depot services as the venture's primary focus.
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Shipbuilding & OffshoreMengxiang drilled and cored two wells in about 4,100 metres of water, reached a maximum completed depth of 4,929.17 metres and recovered 4.27 metres of ocean-basin basalt core.
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