Seatrium secures repeat contract from International Maritime Industries for the supply of equipment and license for a LeTourneau Super 116E Class Self-Elevating Drilling Unit (SE-MODU), Kingdom 4

Singapore, 10 Dec 2025 – Seatrium Offshore Technology, the flagship offshore jack-up designer forSeatrium Group, has been awarded a repeat contract by International Maritime Industries (IMI), thelargest shipyard in the MENA region, for the supply of equipment and license for a LeTourneau Super116E Class Self-Elevating Drilling Unit (SE-MODU), Kingdom 4. This latest award follows the... Continue Reading →

December 10, 2025 0

Seatrium fights back after Maersk Offshore Wind axes near-complete WTIV

Dec. 1 (splash247.com) Seatrium has escalated its dispute with Maersk Offshore Wind’s affiliate Phoenix II, launching arbitration over the abrupt cancellation of a near-complete wind turbine installation vessel (WTIV) originally contracted at $475m. The Singapore yard filed its notice of arbitration on 28 November under London Maritime Arbitrators Association terms, seeking a ruling that Phoenix... Continue Reading →

December 1, 2025 0

Renewables Are Too Cheap to Fail

Nov. 20 (Oilprice.com) Renewable energy has encountered a strange crossroads – it is more successful, and also more divisive, than ever before. Wind and solar have become so successful that they’re not really alternative anymore – they’ve fully entered the mainstream. Not only have renewables outgrown subsidies and become independently successful, they’ve become so cheap... Continue Reading →

November 20, 2025 0

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Nov. 13 (OE) Singapore-based engineering group Seatrium has reported strong execution in the third quarter ended September 30, 2025, bolstered by major offshore and wind project deliveries, a high-value order book and strategic asset sales. The group’s net order book stood at about $12.8 billion (S$16.6 billion), covering 24 projects slated for delivery through 2031.... Continue Reading →

November 13, 2025 0

Milestone for MunmuBaram as Hexicon’s Floating Wind Project Gains Safety Clearance

Nov. 12 (offshoreWIND.biz) MunmuBaram, owned by Hexicon, has completed the Marine Traffic Safety Examination (MTSE), marking a milestone in advancing the floating offshore wind project toward full permitting and construction. The developer said that this examination is a vital regulatory step that evaluates how offshore wind development may affect existing vessel routes and overall maritime... Continue Reading →

November 12, 2025 0

FPSO P-79 left South Korea bound for Brazil to start producing in the Buzios Field next year

Nov. 11 - The P-79 FPSO left the Hanwha Ocean shipyard, located in Geoje-Si, South Korea, heading to the Búzios field, in the pre-salt layer of the Santos Basin. The unit will be towed to the operating area with the crew on board, which should speed up the start of production. Arrival is scheduled for... Continue Reading →

November 11, 2025 0

Yinson Production’s CFO: Two new project bonds on the 2026 horizon to refinance FPSO duo

Nov. 4 (offshore-energy.biz) Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on the cards next year. With a lease-and-operate model as the crown jewel of its... Continue Reading →

November 5, 2025 0

Shell’s Brazil Gato do Mato FPSO Starts Taking Shape

Oct. 6 - MODEC has held a first steel-cutting ceremony for the Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil. The ceremony was held at the COSCO Qidong Shipyard, marking the start of construction of the the aft block of next-generation hull for the... Continue Reading →

October 6, 2025 0

Japan Selects Two New Sites for Offshore Wind Development

Oct. 3 (offshoreWIND.biz) Japan’s Ministry of Economy, Trade and Industry (METI) and the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) have identified two sites off Akita City and Hibikinada Sea as promising offshore wind areas, while three sites off Chiba, Nagasaki, and Kagoshima have been marked as preparation areas. The newly designated promising areas... Continue Reading →

October 3, 2025 0

Samsung Heavy Industries Gets ABS Approval in Principle for Semi-Sub Floater Design

Oct. 3 (offshoreWIND.biz) Samsung Heavy Industries (SHI) has received an approval in principle (AiP) from ABS for its new semi-submersible floating wind turbine design, named SnapWind Float. The AiP from ABS comes shortly after the design was issued an Approval in Principle by the Korean Register (KR). The SnapWind Float, designed for 15 MW offshore wind... Continue Reading →