Latest news and insights from offshore energy.
US-based Pacifico Energy has submitted an investment declaration worth more than 1 billion dollars for its Manho and Jindo Baram offshore wind projects in Korea. Submitted to South Korea's trade ministry at a US investme…
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…
Vard has launched Orient Trailblazer, a flexible subsea construction vessel it is building for Dong Fang Offshore in Taiwan for the offshore wind market. Due for delivery in the second quarter of 2027, the vessel will un…
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…
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