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Stay up to date with the latest in Shipping Finance— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.
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North Sea field’s start-up augments Europe’s gas arsenal 48-years after discovery

05 May, 2026
Norwegian state-owned energy giant Equinor has brought online a subsea tie-back development in the North Sea off the coast of Norway, unleashing more gas supplies for the European market. Gina Krog; Source: Orlen Equinor, as the operator (5...

‘Substantial’ contract prolongs DOF vessel’s stay in Asia Pacific

05 May, 2026
DOF Group has secured a contract valued at between $25 million and $50 million for subsea commissioning services in the Asia-Pacific (APAC) region which will begin next year. Skandi Inventor. Source: DOF The contract, defined as substantial...

Aker Solutions on FEED duty for North Sea gas condensate discovery

05 May, 2026
Norway-based energy services provider Aker Solutions has lined up a new front-end engineering and design (FEED) assignment for a gas condensate subsea tie-in development project in the Norwegian sector of the North Sea with the country’s st...

Helix Energy Solutions drops shallow water business in shift toward deeper waters

05 May, 2026
Texas-headquartered offshore energy services company Helix Energy Solutions is divesting its shallow water abandonment business, stating that the move furthers its strategic focus on deepwater operations. Helix Energy Solutions (Illustratio...

Solstad CSV picked by Reach Subsea for Mediterranean and Black Sea

05 May, 2026
Norway’s Reach Subsea is set to charter a Solstad construction support vessel (CSV) for deployment in the Mediterranean and Black Sea region as part of its commitment under a newly secured letter of intent (LOI). Source: Solstad via LinkedI...

Prosafe set on securing ‘follow-on’ vessel work

04 May, 2026
Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has provided insight into its fleet utilization for the first quarter of 2026 and its future expectations. Safe Caledonia; Source: Prosafe While the...

Norwegian CO2 transport and storage project gathers three industry majors

04 May, 2026
Aker Solutions, Knutsen NYK Carbon Carriers (KNCC), a joint venture of Knutsen Group and NYKLine, and Vår Energi CCS AS, the project’s operator, have signed a memorandum of understanding (MoU) to advance the Trudvang CO2 transportation and ...

Eighth FPSO at Brazil’s giant deepwater field begins producing, four to go

04 May, 2026
Brazilian state-owned oil & gas giant Petrobras has commenced production from the eighth floating production storage and offloading (FPSO) vessel at the Búzios field offshore Brazil earlier than planned. FPSO P-79 is the eight of the 12...