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CM Energy Targets European Main Component Exchange Market With Jack-Up

CM Energy Targets European Main Component Exchange Market With Jack-Up

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…

Mon Sep 07 20268 min
TotalEnergies Acquires 40% Operated Stake in Namibia's PEL83 From Galp

TotalEnergies Acquires 40% Operated Stake in Namibia's PEL83 From Galp

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…

Fri Sep 04 20268 min
OceanPact and CBO Merger Secures Approval From Brazil's CADE

OceanPact and CBO Merger Secures Approval From Brazil's CADE

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…

Fri Sep 04 20268 min
North Sea PSV Owners Capitalise on Strong Spot Market

North Sea PSV Owners Capitalise on Strong Spot Market

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…

Thu Sep 03 20266 min
Dorian LPG Linked to Order for Three VLGCs at Hanwha Ocean

Dorian LPG Linked to Order for Three VLGCs at Hanwha Ocean

Dorian LPG has reportedly stepped up its fleet renewal programme with an order for three very large gas carriers at South Korea's Hanwha Ocean. The shipbuilder disclosed a contract for three vessels for an unnamed Oceani…

Tue Sep 01 20266 min
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