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Oman, Netherlands, Germany sign historic hydrogen deal

Business
A groundbreaking Joint Development Agreement (JDA) has been signed to establish the world’s first liquid hydrogen import corridor, connecting the Sultanate of Oman, the Netherlands, and Germany.

MODEC wins ExxonMobil Guyana’s Hammerhead FPSO contract

Oil & Gas
MODEC has been awarded a contract by ExxonMobil Guyana Limited to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project.

Construction of Solvang’s first VLGC vessels begins in South Korea

NewBuilds
The new VLGCs will be equipped with systems for carbon capture, emissions control, and operation with advanced fuels.

Damen and Folla Maritime Service AS become strategic partners

Fishing sector
Damen has reached an agreement to acquire a majority stake in Folla Maritime to strengthen its position in the growing aquaculture market.

Cemre Shipyard completes Norway’s largest zero-emission ferry for Torghatten Nord

NewBuilds
Cemre Shipyard has announced the departure of NB1091 Hinnøy, Norway’s largest zero-emission ferry, built for Torghatten Nord, as she sets sail toward her new home in the northern waters of Norway.

Saipem renews framework agreement with Saudi Aramco for offshore activities

Oil & Gas
The Long-Term Agreement (LTA) now extends until the end of 2027.

New LNG carrier for QatarEnergy named “Al Tuwar”

NewBuilds
This vessel is the first of a series of 12 LNG carriers that the joint venture company will build for QatarEnergy

Wake loss could cost Equinor and Orsted up to £363m from North Sea wind farms

Wind Energy
Equinor and Orsted have warned that the effects of wake loss on their projects could cost them up to £363 million in lost revenues.

Fugro and Damen partner to support the Royal Netherlands Navy

Navy
Fugro and Damen have established a joint venture to deliver the vessel and crew for a two-year charter, with an option to extend twice for another year (four years total).

Woodside signs LNG supply agreements with Uniper

Oil & Gas
Louisiana LNG LLC will supply 1.0 Mtpa of LNG on a free-on-board basis for up to thirteen years from the commercial operations date (COD) of Louisiana LNG.

V. secures full management contract with International Seaways for six newbuild tankers

General
V. has been awarded the full technical and crew management of six scrubber-fitted, dual-fuel (LNG) ready LR1 vessels by International Seaways.

Damen signs with Arena Offshore A.S. for Turkish construction of Stan Tugs 1606

NewBuilds
Damen has chosen Arena Offshore A.S. for the construction of two Stan Tugs 1606, marking its first design collaboration with an external company in Türkiye
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