Latest news and insights from markets & deals.
Kongsberg Maritime has entered into an agreement to acquire Steerprop, the Finland-based designer and manufacturer of azimuth propulsion systems. Steerprop has built a strong position in Arctic propulsion, supplying syst…
Hong Kong-based CM Energy has announced plans to introduce the jack-up vessel CM Zenith into the European offshore wind market from the first quarter of 2028. The vessel, part of the China Merchants group, will enter Eur…
TotalEnergies has completed a transaction with Galp to acquire a 40 percent operated interest in Namibia's PEL83 licence, which holds the Mopane discovery. In exchange, Galp acquires interests in the PEL56 and PEL91 lice…
The planned merger between OceanPact Serviços Marítimos and Grupo CBO has secured approval from CADE, Brazil's competition authority, with the deal due to close on 16 September 2026. The two publicly held Brazilian offsh…
Rates for North Sea platform supply vessels have risen sharply in recent weeks on the back of a supply shortage, according to broker Seabrokers Chartering. With six vessels engaged on project work with Saipem, the spot m…
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