Westwood Insight – How Mainland China is reshaping the offshore wind foundation market

April 14 (westwoodenergy.com) Chinese manufacturers have been quietly but rapidly gaining ground in the global offshore wind turbine foundation market. In 2025, 26% of all turbine foundations installed globally (excluding Mainland China) were supplied by Chinese manufacturers, up from virtually zero in 2020. This shift marks a major reconfiguration in the global supply chain, creating much-needed supply... Continue Reading →

April 14, 2026 0

Navitas Eyes More North Falklands Exploration Acreage after Sea Lion FID

Jan. 12 (OE) Navitas Petroleum has signed a non-binding agreement to farm into an offshore exploration license in the North Falklands Basin adjacent to its recently sanctioned Sea Lion oil development, as the operator advances plans to expand its footprint in the region. Eco (Atlantic) Oil & Gas said Navitas has entered into a non-binding... Continue Reading →

January 12, 2026 0

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Jan. 6 (OE) Chinese multinational oilfield equipment and services provider Jereh Group has delivered slop treatment units and oil purifiers to CIMC Raffles for Petrobras’ P84 and P85 floating production storage and offloading (FPSO) units, bound for deployment at the Atapu and Sépia fields, off Brazil. The equipment will support slop water and oil separation... Continue Reading →

January 6, 2026 0

Subsea Vessel Market Outlook ‘Robust’ for 2026

Jesper Skjong, Contributor Dec. 20 (OE) Throughout 2025 we have seen the subsea vessel market transitioning from a period of record highs towards a more cautious, but still fundamentally strong, outlook. While short-term activity and rates have softened in the latter part of the year, long-term demand - driven by deepwater projects and global energy infrastructure-... Continue Reading →

December 30, 2025 0

Sea Lion Oil Project in Falkland Islands Gets Green Light

Dec. 10 (OE) Rockhopper Exploration has taken a final investment decision (FID) on Phase 1 of the Sea Lion oil development north of the Falkland Islands, allowing the long-delayed project to proceed after securing financing commitments and regulatory approvals. Partner and operator Navitas Petroleum has also approved FID. Rockhopper said both boards have approved financing... Continue Reading →

December 10, 2025 0

Seagems completes works in the Atlanta Field and now concentrates 100% of its fleet on contracts with Petrobras

Aug 11 (PN) Seagems completed the BRAVA Project, carried out in the Atlanta Field, in the Santos Basin. Signed in 2022, the contract included an EPCI (Engineering, Procurement, Construction, and Installation) campaign, developed in partnership with its shareholder Sapura Energy. The final phase began in April 2024, with the mobilization of the vessel Onix to... Continue Reading →

August 12, 2025 0

P-80 FPSO set to work at world’s ‘largest deepwater field’ ready for next construction stage

(offshore-energy.biz) Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH), part of the Kuok Maritime Group, has completed the towing of a hull for a floating production storage and offloading (FPSO) unit from China to Singapore. The vessel is slated to work at a Brazilian deepwater field with Brazil’s state-owned energy giant, Petrobras. Towed by... Continue Reading →

May 16, 2025 0

$54 billion in engineering, procurement and construction contracting opportunities on offshore oil & gas agenda for 2025

(offshore-energy.biz) Despite the challenges hitting the fossil fuel industry, demand for hydrocarbons remains steady, as confirmed by the global engineering, procurement, and construction (EPC) contracting activity across the offshore oil and gas landscape. The batch of new projects, which are expected to reach the EPC stage this year, will lead to awards worth billions of... Continue Reading →

January 15, 2025 0

Modec announces progress on Guyana bound FPSO Errea Wittu

Japan’s Modec has made further progress in the construction of a hull for a floating production, storage and offloading unit (FPSO) that will be deployed at ExxonMobil’s fifth oil development in the Stabroek block, offshore Guyana. The company announced the completion of the hull assembly of the FPSO Errea Wittu, 40 days ahead of schedule.... Continue Reading →

October 25, 2024 0

DNV-Led Floating Wind Substations Standardization Project Enters Second Phase

(oedigital.com) Certification body DNV has launched the second phase of its floating substation joint industry project (JIP), which aims to establish standards for offshore substations in the growing floating wind sector. The new phase will play a key role in refining guidelines and closing technology gaps, with participation now expanding to 19 leading industry players.... Continue Reading →

October 15, 2024 0

Category: EPC