Offshore

Hanwha Ocean’s floating wind turbine design gains U.S. approval

Hanwha Ocean, one of South Korea’s leading shipbuilders and offshore engineering firms, has secured a key milestone in its offshore wind ambitions. The American Bureau of Shipping (ABS) has issued Approval in Principle (AIP) for t..

News > Offshore > 2025-07-09 13:04:04

Drydocks leads ‘green rig decommissioning’

“Decarbonization transition presents new opportunities for shipbuilding” Hundreds of aging oil drilling rigs, primarily located in the Middle East, are set to be decommissioned as the global energy sector shifts from foss..

News > Offshore > 2025-07-09 09:31:12

China Eyes Petrobras FPSO Partnership: A Strategic Offshore Pivot Begins

“All Eyes on FPSOs” — Chinese Capital Shifts Focus in Offshore Investments Chinese financial institutions and leasing houses are actively exploring investments in floating production, storage and offloading units (F..

News > Offshore > 2025-07-09 08:30:17

China dominates offshore facility orders

From January to May 2025, global orders for mobile offshore units used in oil and gas development, production, and support totaled 76 units, amounting to $6.4 billion—a sharp 48% decline compared to the same period last year. A..

News > Offshore > 2025-07-08 16:12:28

MOL and Karadeniz Go Offshore with World’s First Integrated Floating Data Centre

– Pioneering digital leap: floating data centre platform to launch by 2027 – Retrofitted vessel with onboard power supply to overcome land and grid constraints – Scalable, mobile, and eco-friendly alternative to trad..

News > Offshore > 2025-07-08 08:49:36

[Exclusive] Samsung Heavy Pulls Plug on Cedar FLNG Module Deal with China’s CMHI

– Last-minute reversal amid political sensitivities in Korea – Hanwha Ocean to build at least three liquefaction modules – China’s CMHI and Yanda dropped after nearing final talks – Industry sees shift i..

News > Offshore > 2025-07-08 08:44:22

Learning from Offshore Wind: UK Edition②

“A Korean Company Revived It” — From Industrial Wasteland to Green Energy Hub SeAH Wind powers Tees Valley’s offshore wind renaissance Up to 200 monopiles per year; 2,250 new jobs created Tees Valley in no..

News > Offshore > 2025-07-08 08:38:25

Hanwha Ocean Earns First U.S. Certification for FPSO Cybersecurity Solution

Cyber Shield for Floating Oil Factories Hanwha Ocean has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its cybersecurity solution tailored for FPSOs (Floating Production Storage and Offloading un..

News > Offshore > 2025-07-08 08:36:23

SK Oceanplant Secures W2.0 Trillion Jacket Order for Taiwan Offshore Wind Project… Formosa 4 in Sight 

– W5.8 Trillion in New Orders in Just 4 Days… 2024 Sales Set to Surpass W1 Trillion – Taiwan Easing Local Content Rules… Opens New Doors for Korean Shipbuilders SK Oceanplant has once again tapped into Ta..

News > Offshore > 2025-07-07 18:08:00

[Learning from the UK: Offshore Wind Power]

“9 Times Cheaper than Gas” — The CfD Strategy Behind the UK’s Offshore Wind Boom LCOE dropped 62% over the past decade… Stable returns accelerate investment and lower electricity costs The UK is steppi..

News > Offshore > 2025-07-07 15:26:17