Fossil Energy
Suriname and Venezuela have signed a 2026–2027 roadmap for cooperation in the hydrocarbon sector.
[Read more…] about Roadmap for cooperation between Suriname and VenezuelaSaipem awarded new offshore contract in Angola
Subsea Infrastructure
Saipem has been awarded a new offshore contract in Angola worth approximately 350 million USD.
[Read more…] about Saipem awarded new offshore contract in AngolaMerge of five state-owned power generation companies
South Korea
South Korea plans to merge its five state-owned power generation companies—KOEN, KOMIPO, KOWEPO, KOSPO and EWP—into a single KEPCO subsidiary by October 1, 2027.
[Read more…] about Merge of five state-owned power generation companiesRWE and Masdar sign MoU on German offshore wind auctions in 2027
Participation
According to Reuters, RWE and Masdar said they intend to consider joint participation in German offshore wind auctions in 2027 under a Memorandum of Understanding with an indicative investment value exceeding €3 billion.
[Read more…] about RWE and Masdar sign MoU on German offshore wind auctions in 2027ExxonMobil makes 20th oil discovery in Angola block
Fossil Energy
ExxonMobil has made the twentieth oil discovery in an offshore Angola block that has already produced more than 2.7 billion barrels over three decades.
[Read more…] about ExxonMobil makes 20th oil discovery in Angola blockRosetti Marino completed first of four platforms for Eni project
CCS
The UK’s first dedicated carbon capture and storage (CCS) platform has departed from Piombino in Italy, bound for the waters off north-west England.
[Read more…] about Rosetti Marino completed first of four platforms for Eni projectConsortium advises for Morocco’s first offshore wind development
OWC
A consortium led by renewable energy consultancy OWC has been appointed by the European Investment Bank (EIB) to provide a comprehensive feasibility study for the development of Morocco’s first offshore wind farm.
[Read more…] about Consortium advises for Morocco’s first offshore wind developmentEC suspends in-depth review of Saipem–Subsea7 merger
Proposed Merger
The European Commission has paused its Phase II antitrust investigation into the proposed merger of Saipem and Subsea7.
[Read more…] about EC suspends in-depth review of Saipem–Subsea7 mergerHMC chooses Porto for new international engineering center
Engineering Hub
Heerema Marine Contractors is establishing a new engineering hub in Porto, expanding its international technical capabilities to support complex offshore projects.
[Read more…] about HMC chooses Porto for new international engineering centerSaipem and Jan De Nul signed LOI for Rovuma LNG project
Mozambique
Saipem, in consortium with Jan De Nul, has signed a Letter of Intent (LOI) with ExxonMobil for the Rovuma LNG Phase 1 development in Mozambique.
[Read more…] about Saipem and Jan De Nul signed LOI for Rovuma LNG project