Strategic Marine News


Holland Home of Wind Energy to Merge with NMT-IRO

May 27, 2025

Holland Home of Wind Energy (HHWE) and NMT-IRO will officially merge as of January 1, 2026.Trade organization NMT-IRO is a close-knit network of Dutch shipyards, suppliers and service providers.The merger brings together two organizations that…

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

May 23, 2025

Malaysia-based fleet owner of self-propelled accommodation workboats Keyfield International has signed a memorandum of understanding (MoU) with Indonesia’s PT Elnusa Trans Samudera (ETSA) to explore joint marine services opportunities in the oil and gas sector…

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

May 23, 2025

Malaysia’s oil and gas services firm Velesto has secured a new drilling contract for its NAGA 8 jack-up drilling rig offshore Indonesia.The contract has been awarded by PC Ketapang II, PC North Madura II, and PETRONAS North Ketapang, and is set to begin in July 2025…

Germany and UK to Explore Establishing Hydrogen Pipeline in North Sea

May 22, 2025

The German transmission system operator GASCADE and U.K.’s National Gas have signed a Memorandum of Understanding (MoU) to explore the feasibility to establish a hydrogen corridor between the UK and Germany in the North Sea through an offshore pipeline interconnection…

Odfjell to Put Floating Wind Tech on Try-Outs at Norwegian Test Center

May 20, 2025

Odfjell Oceanwind has secured a slot with 24 MW capacity grid connection at the Marine Energy Test Centre (METCentre), where it will install one full-scale floating offshore wind turbine in 2028.The project, named SCALEWIND, will demonstrate…

Strategic Marine Delivers First of Two CTVs for Ventus Marine

May 20, 2025

Singaporean shipbuilder Strategic Marine has delivered a crew transfer vessel (CTV) to Taiwan as part of a contract with Ventus Marine for two vessels.The 27-meter Z-Bow vessels, designed in collaboration with naval architect BMT, incorporate cutting-edge marine engineering and technology…

ADNOC Finds Partner for Oil and Gas Well Completion Solutions

May 19, 2025

ADNOC has signed a strategic partnership agreement with Tubacex, a global leader in advanced tubular solutions, securing exclusive rights to use Tubacex’ tubular joint connection technology which is critical for completing oil and gas wells…

ADNOC Partners with ExxonMobil, Occidental to Boost UAE Oil and Gas Capacity

May 16, 2025

ADNOC has signed agreements with ExxonMobil to expand the capacity of United Arab Emirates (UAE) Upper Zakum field, and with Occidental to explore increasing Shah Gas field’s capacity, as part of multiple strategic agreements that could potentially enable $60 billion of U…

Karoon Energy Completes Acquisition of FPSO Operating off Brazil

May 16, 2025

Karoon Energy's wholly owned Brazilian subsidiary, Karoon Petróleo & Gás, has completed the acquisition of the Cidade de Itajaí floating production, storage and offloading vessel (FPSO), operating at Baúna field, offshore Brazil.The FPSO was acquired from Altera & Ocyan (A&O)…

Strategic Move Brings Decom Engineering's Base to Aberdeen

May 16, 2025

Northern Ireland firm Decom Engineering has relocated its head office to Aberdeen to be closer to key clients and for easier access to the skills market.The specialist cutting technology provider supports the oil, gas, renewables and infrastructure…

Current News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

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