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Nigeria settles OPL 245 dispute with Eni

Monday, March 9 2026

General – Dispute

The Nigerian government has reached a settlement with Italian energy company Eni and its subsidiary Nigerian Agip Exploration Limited (NAEL) over the long-disputed Oil Prospecting Licence (OPL) 245.

[Read more…] about Nigeria settles OPL 245 dispute with Eni

Filed Under: ENI, International News, Nigeria, Oil Prospecting Licence, Rights Issue, settlement Tagged With: Dispute, Eni, nigeria, OPL 245, rights, settlement

Construction of Asia’s largest Cylindrical FPSO

Monday, March 9 2026

Fossil Energy – Steel Cut

The first steel cut on March 6, 2026 in Qingdao’s West Coast New Area for the Kaiping South Field Development Project.

[Read more…] about Construction of Asia’s largest Cylindrical FPSO

Filed Under: China, cylindrical FPSO, Engineering, International News, Kaiping, steel cutting Tagged With: china, cylindrical, engineering, FPSO, Kaiping South Field, Steel cut

Marco Polo Marine secures $21m for offshore wind expansion

Monday, March 9 2026

General – Finance

Marco Polo Marine raised about $21m through a private share placement to fund capital expenditure and specialised vessels supporting offshore wind projects.

[Read more…] about Marco Polo Marine secures $21m for offshore wind expansion

Filed Under: Finance, International News, Marco Polo, Share purchase, shareholder Tagged With: Finance, Marco Polo, shares

Vena Group signs $750M investment deal with Taean County

Sunday, March 8 2026

General – Funding

Vena Group has signed an investment agreement with Taean County in South Korea worth USD 750 million over the next five years.

[Read more…] about Vena Group signs $750M investment deal with Taean County

Filed Under: International News, Investment, South Korea, Vena Energy Tagged With: investment deal, South Korea, Vena Group

MHB secures Sarawak offshore contract from PTTEP

Friday, March 6 2026

Fossil Energy – EPC

Malaysia Marine and Heavy Engineering has secured a four-year contract from Thailand’s upstream player PTT Exploration and Production (PTTEP) for offshore works in Sarawak.

[Read more…] about MHB secures Sarawak offshore contract from PTTEP

Filed Under: Engineering, EPC, International News, PTTEP, wellhead platform Tagged With: construction, engineering, EPC, malaysia, MHB, PTTEP, wellhead platforms

Velesto wins Shell deepwater contracts in Malaysia

Friday, March 6 2026

Fossil Energy – Maintenance Contract

Velesto Energy has secured two contracts from Sabah Shell Petroleum (SSPC) to provide maintenance services for deepwater infrastructure offshore Malaysia.

[Read more…] about Velesto wins Shell deepwater contracts in Malaysia

Filed Under: deepwater operations, deepwater project, infrastructure, International News, Maintenance, Malaysia, Shell Tagged With: deepwater, infrastructure, Maintenance, malaysia, Malikai platform, Shell, Velesto Energy

Ocean Winds signs agreement for lease Celtic Sea Site

Friday, March 6 2026

Wind Energy – Floating Wind

Ocean Winds has signed an Agreement for Lease with The Crown Estate for a floating offshore wind project site in the Celtic Sea.

[Read more…] about Ocean Winds signs agreement for lease Celtic Sea Site

Filed Under: Celtic Sea, Floating wind, International News, Lease Agreement, Ocean Winds Tagged With: Celtic Sea, floating wind, lease agreement, Ocean Winds

New Global Head for Skyborn Renewables

Friday, March 6 2026

General – Appointment

Skyborn Renewables announced that Martijn de Heer has been officially appointed Global Head of Procurement at Skyborn Renewables.

[Read more…] about New Global Head for Skyborn Renewables

Filed Under: Appointment, International News, Skyborn Tagged With: appoinment, Skyborn Renewables

Turbine installation Sunrise Wind project

Friday, March 6 2026

Wind Energy – Sunrise Wind

The turbine installation at the 924 MW Sunrise Wind project is set to begin, with Cadeler’s Wind Scylla preparing to move from Revolution Wind to the Sunrise site.

[Read more…] about Turbine installation Sunrise Wind project

Filed Under: Cadeler, International News, Sunrise Wind, turbine installation Tagged With: Cadeler, Sunrise Wind, Turbine installation

Able Humber Ports accelerates development of port

Friday, March 6 2026

General – Funding

Able Humber Ports announced the award of a £490,000 Industrial Strategy Zone (ISZ) Site Accelerator Grant from the Ministry of Housing, Communities and Local Government.

[Read more…] about Able Humber Ports accelerates development of port

Filed Under: Able Humber Ports, Finance, funding, International News, ports Tagged With: Able Humber Ports, funding

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