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IWS Fleet orders four new Skywalker class CSOVs for EUR 260 million
Offshore Wind·Oct 1, 2026

IWS Fleet orders four new Skywalker class CSOVs for EUR 260 million

IWS Fleet has ordered four offshore wind commissioning vessels for around EUR 260 million, with delivery scheduled for 2029 and 2030.[5] The firm order would expand its owned fleet from six vessels to ten.[5]

Source: Offshore Wind
Serica's UK gas footprint widens as it brings Spirit Energy's North Sea assets into its fold
Oil & Gas·Oct 1, 2026

Serica's UK gas footprint widens as it brings Spirit Energy's North Sea assets into its fold

Serica has completed its purchase of Spirit Energy's Southern North Sea portfolio, adding around 10,000 barrels of oil equivalent per day to its production base.[6] The buyer paid a net £33 million after adjustments for cash generated since the deal's economic effective date.[10]

Source: Offshore Energy
After Fugro, TDI-Brooks selected for surveys offshore Timor-Leste
Oil & Gas·Sep 30, 2026

After Fugro, TDI-Brooks selected for surveys offshore Timor-Leste

Timor-Leste has selected TDI-Brooks and Taka Hydrocore Indonesia for surveys supporting two proposed gas pipeline corridors.[10] The programme includes about 508 seabed tests and 16 provisional environmental stations, with fieldwork expected to begin in January 2027.[10]

Source: Offshore Energy
Cheniere Signs 22 Year LNG Supply Deal With Petrobras
Oil & Gas·Sep 29, 2026

Cheniere Signs 22 Year LNG Supply Deal With Petrobras

Cheniere has signed a 22 year agreement to supply Petrobras with approximately 800,000 tonnes of LNG annually.[6][8] The deal leaves the buyer to arrange ocean transport, while Cheniere has not disclosed a delivery start date or pricing formula.[6]

Source: gCaptain
ExxonMobil Turns to OneSubsea's for Rovuma LNG Subsea Production Systems
Oil & Gas·Sep 29, 2026

ExxonMobil Turns to OneSubsea's for Rovuma LNG Subsea Production Systems

ExxonMobil has awarded OneSubsea a contract for production systems at the first phase of Mozambique's Rovuma LNG project.[6][7] The scope covers subsea equipment and installation services, while OneSubsea plans a local services base to support operators in the region.[6][7]

Source: Offshore Engineer
LNG Canada Greenlights Phase 2, Doubling Export Capacity
Oil & Gas·Sep 29, 2026

LNG Canada Greenlights Phase 2, Doubling Export Capacity

LNG Canada's partners have approved an expansion that will double annual export capacity to 28 million tonnes.[1] The project adds two processing trains and a loading berth in Kitimat, with commercial operations expected in the early 2030s.[1]

Source: gCaptain
Electrical fault triggers oil output deferral and rig intervention plans at Karoon's Brazilian field
Oil & Gas·Sep 28, 2026

Electrical fault triggers oil output deferral and rig intervention plans at Karoon's Brazilian field

Karoon expects to defer about 3,500 barrels of oil per day after a cable fault at its Baúna field in Brazil.[10] The company has cut its annual production guidance and begun planning a rig intervention, with timing dependent on permits and services.[9][10]

Source: Offshore Energy
Shearwater wins seabed node survey contract in South America
Oil & Gas·Sep 28, 2026

Shearwater wins seabed node survey contract in South America

Shearwater has secured a three year seabed seismic contract in South America, with two vessels expected to begin work in late 2026 and operate through 2027.[5] The agreement also includes a later campaign expected to start in late 2028.[14]

Source: Offshore Technology
ANALYSIS: $14/mt Separates the Best and Worst Singapore Bunker Suppliers on the Cost of Doing Business, Fuelsure Data Shows
Shipping·Sep 28, 2026

ANALYSIS: $14/mt Separates the Best and Worst Singapore Bunker Suppliers on the Cost of Doing Business, Fuelsure Data Shows

Fuelsure data reviewed by Ship & Bunker put Singapore suppliers' estimated costs after a bunker deal is fixed between $0.42 and $14.44 per tonne.[15] Singapore's average rose from $2.93 to $5.42 per tonne across consecutive six month periods, while some other hubs improved.[15]

Source: Ship & Bunker
Low Rhine Levels Force Companies To Adapt To New Normal
Shipping·Sep 26, 2026

Low Rhine Levels Force Companies To Adapt To New Normal

Low Rhine water levels are forcing companies to change vessels and transport routes, with freight costs around five times their level at the start of summer, Bloomberg reports.[20] Shell and Lanxess have shifted some shipments to road and rail, while BASF is using vessels designed for shallow conditions.[20]

Source: Bloomberg
China's record port traffic signals export rush ahead of Xi and Trump summit amid tariff uncertainty
Shipping·Sep 25, 2026

China's record port traffic signals export rush ahead of Xi and Trump summit amid tariff uncertainty

Chinese ports handled a record 7.279 million TEU in the week ending 20 September, up 9 percent from a year earlier and 1.8 percent from the previous week.[8] The rise comes as exporters face uncertainty over possible changes to United States tariffs.[8]

Source: Marine Insight
Baltic Exchange shipping updates: Sept 25, 2026
Shipping·Sep 25, 2026

Baltic Exchange shipping updates: Sept 25, 2026

All three Baltic LNG shipping benchmarks rose during the week, with the strongest gains on routes from the United States Gulf.[2] Atlantic product tanker earnings also increased as freight markets diverged across vessel types and regions.[2]

Source: Baltic Exchange
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