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Industry Content

Reporting, analysis and practical reference articles across maritime, shipbuilding, offshore engineering, oil and gas, LNG and energy equipment.

Oil & Gas Engineering

Worley Secures Five-Year Renewal of CNOOC North Sea EPC Framework

Worley has renewed its EPC framework with CNOOC International's UK business for five years, covering the Scott, Buzzard and Golden Eagle North Sea assets.

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Offshore Wind

Dajin Plans Two 8,000-tonne Offshore Wind Foundation Installation Vessels

Dajin has selected Ulstein's HX122 with U-STERN design and said it plans to build two offshore foundation installation vessels with 8,000-tonne main cranes.

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Offshore Engineering

CNPC Offshore Engineering Sets Up Tianjin Subsidiary for Platform Leasing

CNPC Offshore Engineering has established a RMB326 million subsidiary in Tianjin to support the leasing, procurement and operation of multiple offshore platforms.

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LNG & Energy

Wison New Energies Advances FLNG Lease-and-Operate Model with Bumi Armada and FPSO Ventures

Wison New Energies, Bumi Armada and FPSO Ventures plan to combine FLNG engineering, asset ownership and long-term operating capabilities to develop lease-and-operate solutions.

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Shipbuilding & Offshore

Construction Begins on the Largest International Offshore Oil and Gas EPIC Project Ever Won by a Chinese Contractor

COOEC has started fabrication for QatarEnergy's Bul Hanine redevelopment in Qingdao, moving the approximately US$4 billion EPIC project into large-scale construction.

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Shipbuilding & Offshore

COSCO Shipping Heavy Industry Starts A-Share Listing Counselling

COSCO Shipping Heavy Industry has filed for A-share listing counselling, with CICC and China Merchants Securities appointed as counselling institutions.

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Shipbuilding & Offshore

Wison Group and KBR Sign Strategic MoU to Explore Engineering and EPC Cooperation

Wison Group and KBR have signed a memorandum of understanding to explore project opportunities combining engineering execution, construction, advisory, design and technology capabilities.

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Oil & Gas Development

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.

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Oil & Gas Development

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.

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Shipbuilding & Offshore

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.

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LNG

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.

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Offshore Wind

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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