Hyundai Heavy Industries News


Windcat Takes Delivery of First Elevation Series CSOV

Aug 26, 2025

Offshore crew transfer company Windcat has taken delivery of the Windcat Rotterdam, the first Commissioning Service Operation Vessel (CSOV) in its new Elevation Series, developed with Damen Shipyards and CMB.TECH.Built at Ha Long Shipyard in Vietnam…

Australia’s Novocastrian Offshore Wind Project Stalled

Aug 24, 2025

Equinor has pulled out of the Australian Novocastrian Offshore Wind Farm project which was planned for a location about 20 kilometers offshore from off Newcastle.It was partnered with Australian company Oceanex on the A$10 billion ($6.5 billion)…

CNOOC Completes New Refinery and Petrochemical Complex in East China

Aug 22, 2025

China National Offshore Oil Corp (CNOOC) has completed building an integrated refining and petrochemical complex in eastern China, state news agency Xinhua reported on Friday.The 21 billion yuan ($2.9 billion) project, built on the Daxie Island of eastern coastal city Ningbo…

Western Australia Can’t Wait [for a Decommissioning Hub]

Aug 21, 2025

The Northern Endeavour FPSO is being shipped by a Chinese heavy lift ship from Australia to Denmark for recycling.Installed between the Laminaria and Corallina oil fields in the Timor Sea and unproductive since 2019, its fate became the burden…

US Opens National Security Investigation into the Import of Wind Turbines

Aug 21, 2025

The U.S. Commerce Department said on Thursday it has opened a national security investigation into the import of wind turbines and components.Earlier this week, the department said it was adding wind turbines to a list of products that will face 50% tariffs on the aluminum and steel content…

Profit Drop Prompts Woodside Exploration Cut

Aug 19, 2025

Woodside Energy WDS.AX said on Tuesday it will scale back exploration efforts and prioritise its $39 billion project pipeline to strengthen its balance sheet, after depreciation and decommissioning costs led to a slump in first-half profit.Woodside…

Panel Discusses Rising Tide of Renewables

Aug 19, 2025

A panel session at The Heavy Lift Group’s gathering in The Hague in May put its finger on a ‘hot button’ topic in offshore logistics by focusing on the responses required from industry to fast-changing developments in the renewables sector.The…

SHI Secures Order for Six LNG Carriers

Aug 18, 2025

Samsung Heavy Industries has secured orders for six LNG carriers from two shipowners from Oceania.The vessels, two for one owner, four for the other, are expected to be delivered starting November 2028.Business Korea reports that Samsung Heavy Industries has secured orders for seven LNG carriers…

Heather Alpha Topside Removed in 14 Seconds

Aug 14, 2025

EnQuest completed the removal of the Heather Alpha topsides on August 11.The Allseas-owned Pioneering Spirit heavy lift vessel removed the 15,300 tonne topsides in a single lift, the largest single lift planned in the North Sea this year.EnQuest Decommissioning Director…

Brent Oil Prices Hover While Facing Geopolitical Tensions, WTI Weakens Further

Aug 13, 2025

Brent oil futures are hovering around $66–67 per barrel with mixed geopolitical signals, while West Texas Intermediate (WTI) has weakened relatively more.The US-China tariff truce extension by 90 days reduced bearish sentiment, while the uncertainty…

New Robotic Solution for FPSO Tank Cleaning

Aug 11, 2025

Ambipar and SBM Offshore announced a solution for cleaning cargo oil tanks on (FPSOs), a solution that importantly is geared to completely remove humans from entering tanks during cleaning activities.“This robotic solution marks a turning point for the offshore industry…

MODEC Gets ABS Nod for Floating Wind Turbine Design

Jul 31, 2025

MODEC has received an Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its floating wind turbine concept, the i-TLP2.With its tension leg platform (TLP)-oriented features, the i-TLP2 is said to minimize floater motions and seabed footprint…

Lamprell Picks Ventherm’s Robotic Solution for Offshore Wind Transition Pieces

Jul 23, 2025

Offshore construction firm Lamprell has awarded Ventherm a contract to deliver a fully automated robotic solution for the surface treatment of transition pieces used in offshore wind foundations.This first-of-its-kind project introduces a fully…

Cadeler Adds Wind Keeper WTIV to Fleet, Locking in Long-Term Vestas Deal

Jul 18, 2025

Cadeler has taken delivery of its latest acquisition, a newly-constructed jack-up wind turbine installation vessel (WTIV) Wind Keeper, securing also a long-term contract for its maiden job with Vestas.Cadeler announced its agreement to purchase…

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