Industry News


India's Adani Ports Pumps $1.36B in Expansion

May 12, 2026

India’s Adani Ports will deepen its European footprint by building offshore capabilities with U.S. engineering firm Oceaneering International  committing $1.36 billion in capital spending through fiscal year 2031.The country's largest private…

UTC Overseas, Transoceanic Launch US Gulf Coast Logistics Joint Venture

May 08, 2026

UTC Overseas and Transoceanic Development have launched UTC Transoceanic (UTC Transo), a joint venture aimed at supporting the growing logistics needs of energy, power and industrial infrastructure projects along the U.S. Gulf Coast.Headquartered in New Orleans…

US Naval Blockade Hammers Iran Oil Exports, Forces Floating Storage

May 01, 2026

A U.S. naval blockade of Iranian ports has shrunk Tehran's oil exports, stranding a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data showed and analysts said.With some vessels switching off tracking systems and U…

Wittlin Named CEO of GLO Marine

Apr 28, 2026

GLO Marine appointed Thomas Wittlin as Chief Executive Officer, effective Q2 2026, signaling the start of a structured growth phase in which the company will evolve from a retrofit-led contractor into a production-enabled marine engineering and integration business…

Mooreast to Divest Property, Boost Offshore Wind Expansion

Apr 28, 2026

Mooring and anchoring specialist Mooreast Holdings has granted an option to sell its leasehold property in Singapore for $23.3 million, aiming to boost offshore wind activities at new location.The company said it expects net proceeds of about…

Why security planning matters in modern dredging and port works

Apr 23, 2026

Security is all too often treated as a purely compliance-driven exercise. This isn’t advisable in any industry, but it is particularly damaging for those that fall under critical infrastructure frameworks. Ports, and, by extension, the dredging operations that maintain and expand shipping lanes…

Golden Pass LNG Ships First Export Cargo from Texas Terminal

Apr 23, 2026

Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has loaded and shipped its first liquefied natural gas (LNG) cargo from its export terminal in Sabine Pass in Texas, marking a step toward full commercial operations.Golden…

Exmar Launches FSRU Conversion Work for Dutch LNG Terminal

Apr 15, 2026

Exmar said it has launched conversion works for a new floating storage and regasification unit (FSRU) to support the expansion of the EemsEnergyTerminal in the Netherlands.The move follows the signing of a conditional charter agreement covering…

Sarens Helps Atlantic Canada Bulk Terminal Undergo Adaptation as Hub for Offshore Wind

Mar 31, 2026

Located in Sydney, Nova Scotia, Canada, the Atlantic Canada Bulk Terminal (ACBT) has undergone a transformation to adapt its facilities to the evolving needs of the offshore wind industry. This evolution is vital for future Canadian Offshore Wind developments…

UK Grants $85M to Develop Port Talbot Floating Wind Hub

Mar 30, 2026

The U.K. government has committed up to $85 million (£64 million) to support the development of a floating offshore wind port at Port Talbot in Wales, as part of efforts to expand clean energy capacity.The funding will support Associated British…

Maraen Approves $40M Port of Nigg Upgrade After Rebrand

Mar 26, 2026

Maraen has approved plans for more than $40 million (£30 million) investment for the upgrades at the Port of Nigg, following the integration of three energy businesses under a new brand.Maraen combines the capabilities of Port of Nigg, Global Energy (Group) and Global Energy Services…

Iran Fires Missiles at Qatar Energy Hub

Mar 18, 2026

Iran accused Israel of striking its facilities in the huge South Pars gas field on Wednesday in a major escalation in the U.S.-Israeli war that sent oil prices shooting higher, and retaliated by vowing attacks on oil and gas targets throughout the Gulf…

Additional LNG Exports from Plaquemines LNG Approved

Mar 15, 2026

U.S. Secretary of Energy Chris Wright has authorized an immediate 13% increase in exports at Venture Global’s Plaquemines LNG Terminal in Louisiana.The authorization allows additional exports of up to 0.45 billion cubic feet per day (Bcf/d) of U…

EU Doesn’t See Risks to Oil and Gas Supply Yet

Mar 15, 2026

In separate ad hoc meetings of the Gas Coordination Group and the Oil Coordination Group held on March 12, the Commission and EU countries assessed the situation concerning the EU’s gas and oil security of supply in view of the continued disruptions in the Middle East…

Semco Maritime, Zamakona Form Las Palmas Shipyard Alliance

Mar 09, 2026

Semco Maritime and Zamakona Yards have formed a strategic alliance to establish Las Palmas Shipyard, a new hub for rig upgrades, vessel maintenance and offshore modification projects in the Canary Islands.The partnership combines Semco Maritime’s…

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