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BGN signs JV with CCEC for LNG carrier; Courtesy of BGN

Vessels

UAE firm to enrich fleet with two LNG carriers by 2027, first vessel deal now in the bag

On a quest to expand its maritime operations by enlarging its fleet, Dubai-based independent energy and commodities trading group BGN has sealed a long-term liquefied natural gas (LNG) carrier (LNGC) charter with an affiliate of Capital Clean Energy Carriers (CCEC).

about 5 months ago

LNG tanker (for illustration purposes); Source: U.S. Department of Energy

Vessels

Two-week ceasefire deal putting Strait of Hormuz back in business

The U.S. President Donald J. Trump has made a deal with Iran to suspend further attacks for two weeks on the Middle Eastern country in exchange for the reopening of the Strait of Hormuz, which handles 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows.

about 6 months ago

Vessels

Missile hits oil tanker chartered to QatarEnergy

Qatar’s state-owned oil and gas giant QatarEnergy has confirmed a missile attack on a fuel oil tanker off the Persian Gulf state’s coast.

about 6 months ago

Vessels

Malaysian shipowner scoops up eight new vessel gigs

Keyfield International, a Malaysian fleet owner of offshore vessels, has picked up new assignments across Malaysia, the Middle East, and Thailand for seven accommodation work boats (AWB) and one anchor handling tug supply (AHTS) vessel.

about 6 months ago

Vessels

‘First-ever’ remote operated landing crafts to be built in Malaysia

Malaysia-headquartered offshore support vessel (OSV) provider Nam Cheong has been awarded shipbuilding contracts, valued at $64.5 million, for two dive support vessels (DSVs) and two remote operated landing crafts (ROLCs) by a UAE-based maritime logistics company, marking its first newbuild contract

about 7 months ago

Vessels

Wärtsilä, Abu Dhabi Maritime Academy working together on maritime industry’s sustainability

Finnish technology group Wärtsilä and Abu Dhabi Maritime Academy (ADMA) have signed a memorandum of understanding (MoU) to collaborate on decarbonization targets, digitalization goals, smart port solutions and training to support the maritime industry’s transition to sustainable operations. “This co

about 7 months ago

Vessels

NextGeo vessel en route to Middle East to support Saipem

Next Geosolutions’ recently purchased offshore subsea construction vessel (OSCV) is currently en route from Italy to the Middle East to commence operations for Saipem. Last month, Next Geosolutions (NextGeo) reported that it had acquired the OSCV Siem Day from Norway’s Siem Day II for a purchase pri

about 7 months ago

Vessels

Nauticus Robotics secures up to $50M financing for UAE expansion

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured an investment of up to $50 million to establish an autonomous robotics manufacturing and offshore services hub in the UAE. Nauticus Robotics has signed an agreement for a strategic investment of up t

about 8 months ago

Hull 3407 completes sea trials; Source: Excelerate Energy

Vessels

US firm’s new FSRU getting ready for its gig in Iraq with sea trials out of the way

Excelerate Energy, a U.S.-based liquefied natural gas (LNG) company in Texas, has reached a new construction milestone for a newbuild floating storage regasification unit (FSRU), which has wrapped up sea trials ahead of its deployment at a fully integrated LNG import terminal in Iraq.

about 8 months ago

OSCV Siem Day to be renamed NG Supporter; Source: DeepOcean

Vessels

Saipem hires Rana Subsea for job in Middle East as NextGeo enriches fleet with new vessel

Italy-headquartered engineering, drilling, and construction services giant Saipem has booked Rana Subsea, a subsidiary of Next Geosolutions (NextGeo), for an assignment in the Middle East. NextGeo has now strengthened its fleet with a new vessel specifically designed for the execution of complex sub

about 8 months ago

Vessels

Saipem’s jack-up returns to work in ‘key market’ after one-year suspension

Saipem’s jack-up rig Perro Negro 7 is set to resume operations in Saudi Arabia this month, after the contract it had secured in 2011 was temporarily suspended in 2024. Saipem won the contract for Perro Negro 7 in 2011 and secured an extension in June 2023 for ten years. The contract was temporarily

about 9 months ago

Ship-to-ship transfer of ammonia; Source: Exmar

Vessels

Exmar wraps up its largest ship-to-ship ammonia transfer (Video)

Belgian shipping company Exmar has finished its largest ship-to-ship (STS) transfer of ammonia to date.

about 9 months ago

Vessels

Readers’ choice: Offshore Energy’s most-read news in 2025

As the offshore energy sector continued to navigate the energy transition and technological development, but also uncertainty, 2025 saw continued shifts in policy, investment, and project development across the global energy landscape. To mark the year’s end, the Offshore Energy editorial team looks

about 9 months ago

Illustration; Source: Gulf Marine Services (GMS)

Vessels

GMS vessel staying on in GCC region

Gulf Marine Services (GMS), a UAE-headquartered provider of self‐propelled, self‐elevating support vessels for the offshore energy sector, has secured more time for one of its mid-size vessels in the Gulf Cooperation Council (GCC) region.

about 9 months ago