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Explosion Damages VLCC Off Oman
Shipping·May 27, 2026

Explosion Damages VLCC Off Oman

A VLCC linked to Greek operator Olympic Shipping suffered an external explosion off Oman on May 26, leaking bunker fuel and adding fresh strain to commercial traffic near the Strait of Hormuz.

Source: Splash247
Eni Approves $4bn Ivory Coast Offshore Project
Oil & Gas·May 26, 2026

Eni Approves $4bn Ivory Coast Offshore Project

Eni and partners Petroci and Vitol have taken a final investment decision on the $4bn Baleine Phase 3 project offshore the Ivory Coast, which will lift oil output to 150,000 barrels per day and gas to 200mmcf per day via a new FPSO.

Source: Splash247
Offshore Wind Vessel Demand Rebounds as Global Installation Activity Accelerates
Offshore Wind·May 25, 2026

Offshore Wind Vessel Demand Rebounds as Global Installation Activity Accelerates

Westwood projects utilisation of wind turbine installation vessels will rebound to around 79% in 2026 as turbine and foundation work nearly doubles year on year, with cumulative offshore wind capacity on track to exceed 236GW by 2030.

Source: Splash247
Danish Offshore Wind Interest Returns as Subsidy Backed Bids Emerge
Offshore Wind·May 25, 2026

Danish Offshore Wind Interest Returns as Subsidy Backed Bids Emerge

Denmark's offshore wind tender drew real bids for the first time in two years after Copenhagen added up to DKK 37.6bn in subsidy backing, with Nordsoen Midt and Hesselo expected to deliver at least 1.8GW of new capacity by the early 2030s.

Source: Splash247
Subsea7 Lands Up to $300m Goliat Gas Export Contract in Norwegian Barents Sea
Oil & Gas·May 24, 2026

Subsea7 Lands Up to $300m Goliat Gas Export Contract in Norwegian Barents Sea

Subsea7 has won its first project under a new alliance with Vår Energi, taking a contract valued between $150m and $300m to tie the Goliat field into Norway's Hammerfest LNG plant. The scope covers a 12.7 km pipeline and subsea infrastructure, with offshore installation slated for 2027 and 2028.

Source: Splash247
BW Energy Greenlights Twin Offshore Push in Gabon and Brazil
Oil & Gas·May 22, 2026

BW Energy Greenlights Twin Offshore Push in Gabon and Brazil

BW Energy sanctioned two offshore projects holding a combined 68 million barrels of oil equivalent, lifting net output roughly 10 percent to more than 100,000 barrels per day by 2028.

Source: Splash247
Borr Drilling Secures Fresh Jackup Work in Suriname and Vietnam
Oil & Gas·May 21, 2026

Borr Drilling Secures Fresh Jackup Work in Suriname and Vietnam

Borr Drilling has landed new contracts for its Sif and Thor jackup rigs in Suriname and Vietnam, lifting full year 2026 coverage to 71% at an average dayrate of about $137,000 and backlog past $1.08bn.

Source: Splash247
Pakistan Reopens Offshore Oil Exploration After 18 Years
Oil & Gas·May 21, 2026

Pakistan Reopens Offshore Oil Exploration After 18 Years

Pakistan signed 23 deepwater exploration blocks worth $82m in committed investment, ending an almost 18 year drought in offshore drilling and opening 54,600 sq km of the Indus and Makran basins to bidders.

Source: Splash247
First Coordinated VLCC Transits Through Hormuz Raise Cautious Hopes of a Thaw
Shipping·May 21, 2026

First Coordinated VLCC Transits Through Hormuz Raise Cautious Hopes of a Thaw

Three VLCCs exited the Strait of Hormuz on Wednesday in tight formation with AIS transmitting openly, the strongest single sign in almost 12 weeks that some form of guided passage may be resuming through the critical oil chokepoint.

Source: Splash247
LS Cable Duo Picked for Haesong, South Korea's Largest Offshore Wind Farm
Offshore Wind·May 20, 2026

LS Cable Duo Picked for Haesong, South Korea's Largest Offshore Wind Farm

LS Cable & System and LS Marine Solutions have been named preferred bidders to design, produce, and install the submarine cables for South Korea's 1,008MW Haesong offshore wind farm, the country's biggest offshore wind development.

Source: Splash247
ADES Secures Fresh Rig Deals Worth $270m
Oil & Gas·May 18, 2026

ADES Secures Fresh Rig Deals Worth $270m

Saudi driller ADES locked in roughly $270m of fresh offshore rig work after Belop awarded a one year jackup contract in Nigeria and Tenaz Energy extended its Shelf Drilling Winner deal in the Dutch North Sea to three years.

Source: Splash247
Boskalis Orders New High Capacity Cable Laying Vessel for Offshore Wind and Interconnector Boom
Offshore Wind·May 18, 2026

Boskalis Orders New High Capacity Cable Laying Vessel for Offshore Wind and Interconnector Boom

Dutch marine contractor Boskalis has ordered a new high capacity cable laying vessel with two 12,000 tonne carousels, targeting booming demand for offshore wind and HVDC interconnector projects, with delivery slated for 2029.

Source: Splash247
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