The European Union’s moves to cut reliance on Russian natural gas has seen activity in Cyprus’ exclusive economic zone (EEZ) accelerate lately, with works worth $200m completed since the start of the pandemic, according to the country’s Energy...

Keppel Corp’s offshore and marine business returned to the black in the first half of the year ahead of a planned merger with Sembcorp Marine (Sembmarine).

As Europe scrambles to replace Russian pipeline gas with LNG imports by ship a lack of receiving terminal infrastructure is set to boost demand for Floating Storage and Regasification Units (FSRUs).

Singapore officially opened its first ocean basin on Tuesday to simulate the environment to vessels and offshore structures operate in.

The board of directors of cash-strapped UAE-shipyard owner Lamprell have recommended a takeover offer that values the company at just £38.8m ($46.4m).

Bestway Marine & Energy Technology has inked a newbuild contract for a 1,200 tonne self-jackup wind power installation platform construction contract with a domestic Chinese owner.

Maersk Supply Service (MSS) has won a second contract from Equinor and bp for its Wind Installation Vessel (WIV), on order at Sembcorp Marine, to install wind turbines at the Beacon Wind farm off the US east coast.

The Board of cash-strapped Middle East shipyard Lamprell said it would likely recommend acceptance a takeover offer by its largest shareholders provided the terms are the same as “possible offer” that has been put forward.

Stockholm-based Hexicon AB has clinched 15 years of revenue support from the UK Government, based on a Contract for Difference (CfD) structure, for its TwinHub floating wind project in the UK’s Celtic Sea.

Boskalis recently opened a new office to support the rapidly developing US offshore wind market along the east coast.