Golar LNG secures $575 million war chest, Samsung poised for FLNG deal Golar raises $575m via convertible bonds to fund FLNG expansion MKIII-based 5 MTPA unit proposed by Samsung Heavy, EPC discussions underway 5-year-long pricing ..
Singapore-based offshore engineering group Seatrium has announced that it has secured a contract from Kinetics, a subsidiary of Turkish mobile power plant specialist Karpowership, to convert one LNG carrier into a Floating Storage and R..
First FLNG unit to be delivered by 2029 U.S. Government grants Deepwater Port License – 13.2 MTPA capacity Korea enters the era of high-value FLNG 2.0 ① First U.S. Offshore LNG Export Hub to Be Built by Samsung Heavy Sam..
- Korea’s largest 10MW offshore turbine to receive international certification this month - Localization rate exceeds 70% – “Accelerating the K-Offshore Wind Ecosystem” - “Beyond Korea, toward global mark..
7 projects approved, including Credo Offshore, KCH, and DWO Green light for domestic supply chain, port investments Jeonnam's offshore wind pipeline jumps to 21.3GW — 61% of national total Korea’s offshore wind powe..
Orsted pulls plug on Hornsea 4, ending Cadeler A-Class WTIV charter Termination triggers compensation, boosts 2025 earnings guidance Vessel to be delivered as planned; talks underway with new charterers Cadeler, the offshore wind..
- “Even wind power sails on ships” From installation vessels to O&M and floating foundations—can Korean shipbuilders become the backbone of the cluster ecosystem? * Large-scale projects set to kick off—ma..
As of the end of April 2025, the total number of mobile facilities being deployed in offshore oil and gas development/production/support projects stands at 13,169, and the shipbuilding industry's order backlog included 556 units, ac..
Energy & Space Releases ‘2025 Global Offshore Wind Trend’ Report “Korea Poised to Become APAC Floating Wind Hub — Focus Shifts to AI & O&M” First major private-sector report following Korea&..
Brazil’s OSV Market Reignites… Korean Shipbuilders Face 'Local Build' Dilemma DOF lands $755M in Brazil in one month – dominating long-term charters Petrobras planning to order 8 new ROV Support Vessels..
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