← Radar Projects to watch · worldwide

Eleven projects to watch.

Large projects being built in 2026–2029, with real demand for technical professionals, spread across regions and kinds. A selection — not a ranking. Follow any of them in your Radar.

Structural & fabrication

Region

AllAmericasEuropeAsia-Pacific

Discipline our inference from each project's scope

AllProcess & technologyPiping & mechanicalStructural & fabricationE&I, controls & HVSubsea & pipelinesMarine & installationCommissioning & start-upConstruction supervision & QA/QCProject controls & managementHSE

One region and one discipline at a time. Clear

Showing 11 of 29 · Structural & fabrication, worldwide. Show all

How we check

Every project is checked by hand against at least two public sources — company newsrooms, regulators, trade press. No commercial databases.

Each card shows its sources and the date we checked them (every project in this set: on or after 2026-10-08). We re-check every month; a project that finishes or is cancelled leaves the tour.

Companies appear as sourced project facts only. Reported risks are shown as reported. The discipline lists are our own inference and say so. The small dots are other projects from public datasets — context, not checked by us.

  1. 01 / 11Deepwater FPSO

    Kaskida FPU (bp)

    USA, Gulf of Mexico

    bp's first 20k-psi development: a greenfield hub with FPU fabrication, subsea manufacturing and installation scheduled 2025–2029.

    Size80,000 b/d FPU; six wells at 20,000 psi; first oil 2029

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: FPU under construction at Seatrium …

    Who builds it

    • bp operator
    • Seatrium
    • TechnipFMC
    • SBM Offshore
    • more under “More”

    Reported risk bp is reportedly selling minority stakes in Kaskida and Tiber…

    6 sources checked on 2026-10-08

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    Why we watch it

    bp's first 20k-psi development: a greenfield hub with FPU fabrication, subsea manufacturing and installation scheduled 2025–2029 — the design is to be repeated on Tiber.

    Phase in full, as reported

    FPU under construction at Seatrium (steel strike 3Q2025; 25-50% complete at end-June 2026, yard delivery scheduled 2027) and subsea manufacturing in progress towards first oil 2029

    Reported risk in full, as reported

    bp is reportedly selling minority stakes in Kaskida and Tiber. It would keep operatorship (Reuters, via Offshore Magazine, June 2026); no sale announced yet.

    Who builds it as stated by the sources

    Operator / developerbp (100% working interest)

    • bpoperator and sole owner; bp's sixth production hub in the Gulf
    • SeatriumEPC and onshore commissioning of the floating production unit — four-column semisubmersible hull with single topside module, integrated with Goliath twin cranes (Dec 2024)
    • TechnipFMCintegrated EPCI for subsea production systems incl. 20,000-psi standardized trees and manifolds, plus umbilicals, risers and flowlines; 'substantial' award (US$250–500 m), Oct 2024
    • SBM Offshorewet tow and installation of the semi-submersible FPU (Apr 2025)
    • SLB OneSubseasubsea boosting (per OE Digital)
    • Exmar Offshore / Audubon EngineeringFPU hull and topsides design engineering (per OE Digital)

    Key dates as stated by the sources

    FID
    July 2024
    Technipfmc award
    2024-10
    Seatrium EPC award
    2024-12
    Sbm installation award
    2025-04
    First oil target
    2029
    Fpu steel strike
    3Q2025
    Fpu yard delivery
    2027 (Seatrium order book)

    Disciplines likely needed our inference

    • HPHT subsea engineers
    • FPU topsides/hull engineers
    • riser and flowline engineers
    • commissioning engineers
    • marine installation and HSE

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Seatrium to perform EPC work for bp's Kaskida FPUOffshore Magazine · 2024-12-26
    2. BP Hires SBM Offshore to Install Kaskida FPU in Gulf of AmericaOE Digital · 2025-04-30
    3. TechnipFMC Scoops Kaskida Subsea WorkJPT (SPE) · 2024-10-09
    4. Seatrium 1H2026 Results presentation (order book project table)Seatrium Limited (SGX filing) · 2026-07-31
    5. Seatrium Continues Strong Momentum into 3Q2025 (business update)Seatrium Limited (investor newsroom PDF) · 2025-11-13
    6. bp reportedly initiates sale of minority interests in Kaskida, Tiber projectsOffshore Magazine · 2026-06-16

    Position on the globe: 26.90°N 92.90°W. Location approximate: Keathley Canyon Block 292, ~250 miles (400 km) south-west of New Orleans; water depth ~6,000 ft (1,830 m).

    This project on its own page - facts, sources and a summary to share.

  2. 02 / 11Naval shipbuilding

    PES Frigate — Colombian Navy strategic surface platform programme

    Colombia

    A Dutch-designed warship being built under licence in Latin America.

    Size107.5 m frigate, 14.02 m beam; largest defence vessel Colombia has built, modular construction with 52 naval steel blocks

    1. FID
    2. Engineering
    3. Fabrication (named in the reported phase)
    4. Construction
    5. Installation
    6. Commissioning

    Phase, as reported: fabrication (first steel-cutting 5 February 2026)

    Who builds it

    • Colombian Navy operator
    • COTECMAR
    • Damen Naval

    4 sources checked on 2026-10-08

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    Why we watch it

    A Dutch-designed warship being built under licence in Latin America — a rare naval/shipbuilding entry showing Damen's engineering and technology-transfer model exported far outside Europe, distinct from its troubled domestic ASW-frigate and cancelled German F126 programmes.

    Who builds it as stated by the sources

    Operator / developerColombian Navy (Armada Nacional de Colombia)

    • COTECMARshipyard, local construction
    • Damen NavalSIGMA-based ship design, engineering, technical support and materials, under a contract signed with COTECMAR

    Key dates as stated by the sources

    Steel cutting
    5 February 2026
    Engine delivery
    Late 2026
    Sea trials target
    2029

    Disciplines likely needed our inference

    • naval architecture/structural engineering
    • systems integration
    • project management
    • QA/QC
    • commissioning (later phase)

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. COTECMAR and Damen to build frigate for Colombian NavyDamen (company newsroom) · 2024-08-12
    2. COTECMAR Shipyard Starts Construction of First PES Frigate for Colombian NavyNaval News · 2026-02-05
    3. Colombian Navy awards contract to COTECMAR for first PES frigate, ocean patrol vessel, and logistic support shipJanes · 2022-11-30
    4. El presidente de Colombia visita Cotecmar y conoce sus capacidades de construcción navalInfodefensa · 2026-09-22

    Position on the globe: 10.40°N 75.55°W. Location approximate: COTECMAR shipyard, Cartagena, Colombia.

    This project on its own page - facts, sources and a summary to share.

  3. 03 / 11Offshore wind

    Coastal Virginia Offshore Wind (CVOW)

    USA

    The largest offshore wind farm under construction in the US.

    Size2.6 GW, 176 turbines, 3 offshore substations

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction
    5. Installation (named in the reported phase)
    6. Commissioning

    Phase, as reported: installation …

    Who builds it

    • Dominion Energy operator
    • Siemens Gamesa
    • Ørsted

    Reported risk A Bureau of Ocean Energy Management stop-work order (December 2025) halted construction…

    6 sources checked on 2026-10-08

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    Why we watch it

    The largest offshore wind farm under construction in the US, and a live example of political/regulatory risk hitting an in-progress project — a case study for how fast schedules and crew mobilisation can move when a stop-work order lands and lifts within weeks.

    Phase in full, as reported

    installation (approx. 81% complete as of 31 July 2026; 31 turbines installed and 32nd underway; first power to the grid March 2026; two of three offshore substations commissioned)

    Reported risk in full, as reported

    A Bureau of Ocean Energy Management stop-work order (December 2025) halted construction; work resumed in January 2026 after a US District Court preliminary injunction, and Interior let the deadline to appeal lapse (April 2026). Project cost rose by an estimated $228 million because of the stoppage; Dominion's budget now stands at $11.65bn (up from $11.4bn) and completion has slipped to end-2027, citing contingency for weather, vessel maintenance, loadout and extended jacking.

    Who builds it as stated by the sources

    Operator / developerDominion Energy

    • Dominion Energydeveloper/owner
    • Siemens Gamesaturbine supplier — 176 x SG 14-222 DD, 14.6 MW turbines
    • Ørstedreported installer of turbine components on monopile foundations (per Windtech International/Siemens Gamesa reporting on the commercial-scale project)

    Key dates as stated by the sources

    Construction start
    November 2023
    Startup target
    Final (176th) turbine expected to be installed by end of 2027 (previously early 2027); third offshore substation to be commissioned by end of 2026
    First power
    23 March 2026

    Disciplines likely needed our inference

    • foundation/T&I engineering
    • cable engineering
    • marine construction supervision
    • commissioning
    • HSE

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Dominion says Coastal Virginia Offshore Wind project tops 70% complete as turbine installation enters slower final stretchPower Engineering · 2026
    2. U.S. District Court grants preliminary injunction allowing Coastal Virginia Offshore Wind project to resume workDominion Energy (company newsroom) · 2026
    3. Work resumes on Coastal Virginia Offshore Wind project after court order ends federal pauseVirginia Mercury · 2026-01-20
    4. Largest US Offshore Wind Farm 81 Pct Complete, Final Turbine Expected by End of 2027offshoreWIND.biz · 2026-08-03
    5. Coastal Virginia Offshore Wind begins delivering powerUtility Dive · 2026-03-26
    6. 5 offshore wind farms move ahead after Trump admin misses appeal deadlineElectrek · 2026-04-10

    Position on the globe: 36.97°N 75.35°W. Location approximate: ~27 miles (43 km) off Virginia Beach, VA.

    This project on its own page - facts, sources and a summary to share.

  4. 04 / 11Deepwater FPSO

    GranMorgu (Block 58) FPSO development

    Suriname

    Suriname's first large offshore oil development (US$12.2 bn).

    Size220,000 b/d FPSO; ~190 km subsea lines; first oil mid-2028

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: FPSO construction …

    Who builds it

    • TotalEnergies EP Suriname operator
    • SBM Offshore
    • Technip Energies
    • TechnipFMC
    • more under “More”

    Reported risk No schedule slippage reported…

    8 sources checked on 2026-10-08

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    Why we watch it

    Suriname's first large offshore oil development (US$12.2 bn): FPSO construction, ~190 km of subsea lines and an installation campaign running out of Paramaribo through 2027–2028.

    Phase in full, as reported

    FPSO construction (SBM: >50%-<75% complete at H1 2026; Fast4Ward hull launched out of second dry dock, topsides fabrication continuing) and subsea installation campaign started June 2026

    Reported risk in full, as reported

    No schedule slippage reported. Staatsolie's 20% stake (est. US$2.4 bn) is funded through a US$1.6 bn bank loan from 18 lenders (signed 14 May 2025) plus own cash, cash flow and March 2025 bond proceeds; about half of the ~US$12 bn capex had been spent by September 2026.

    Who builds it as stated by the sources

    Operator / developerTotalEnergies EP Suriname

    • TotalEnergiesoperator; partners APA Corporation and Staatsolie (40/40/20 per Ocean Energy Resources, June 2026)
    • SBM Offshoreconstruction and installation of the FPSO in partnership with Technip Energies, plus operations and maintenance after deployment (Nov 2024)
    • Technip EnergiesFPSO EPC partner of SBM Offshore (per SBM Offshore release)
    • TechnipFMCintegrated EPCI (iEPCI) for subsea systems — Subsea 2.0 trees, manifolds, connectors, topside controls, umbilicals, flexible jumpers and flexible risers
    • SaipemEPCI of the SURF package (~US$1.9 bn): ~100 km production flowlines, ~90 km injection lines, T&I of flexible risers, umbilicals and structures; offshore operations started June 2026 from Paramaribo with MCV Normand Navigator

    Key dates as stated by the sources

    FID
    2024-10-01
    Main contract awards
    2024-11-14
    Saipem offshore operations start
    2026-06-24
    First oil target
    mid-2028

    Disciplines likely needed our inference

    • FPSO topsides and hull engineers
    • SURF/pipeline installation engineers
    • subsea controls and commissioning
    • marine base logistics and HSE
    • FPSO operations and maintenance staff

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. SBM Offshore awarded contracts for the GranMorgu field developmentSBM Offshore (company newsroom) · 2024-11-14
    2. TotalEnergies awards FPSO, subsea contracts for GranMorgu project offshore SurinameOffshore Magazine · 2024-11-14
    3. Saipem starts operations GranMorgu project in SurinameOcean Energy Resources · 2026-06-24
    4. SBM Offshore's Suriname-bound FPSO for TotalEnergies $12.2B oil project starts taking shapeOffshore Energy · 2025-05-12
    5. SBM Offshore Half Year 2026 EarningsSBM Offshore (company newsroom / half-year report PDF) · 2026-08-06
    6. TotalEnergies' offshore project in Suriname on track for first output in mid-2028Pipeline & Gas Journal · 2026-09-20
    7. Staatsolie and the GranMorgu Project backed by broad (inter)national confidenceStaatsolie (company newsroom) · 2025-05-14
    8. Suriname offshore oil and gas momentum builds as GranMorgu advancesWorld Oil · 2026-08-13

    Position on the globe: 7.30°N 55.60°W. Location approximate: Block 58, ~150 km offshore Suriname; FPSO in ~400 m water depth, subsea scope in 100–1,100 m.

    This project on its own page - facts, sources and a summary to share.

  5. 05 / 11Deepwater FPSO

    FPSO Gato do Mato (Shell) — Orca development

    Brazil

    A Shell pre-salt FPSO in hull integration and topsides fabrication across Japanese and Chinese yards.

    Size120,000 b/d FPSO; first oil 2029

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: hull construction/integration …

    Who builds it

    • Shell Brasil operator
    • MODEC
    • SOFEC
    • Sumitomo Heavy Industries Marine & Engineering
    • more under “More”

    5 sources checked on 2026-10-08

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    Why we watch it

    A Shell pre-salt FPSO in hull integration and topsides fabrication across Japanese and Chinese yards; delivery, installation and start-up targeted for 2029, then a 20-year MODEC O&M contract.

    Phase in full, as reported

    hull construction/integration (forward hull left Japan for China July 2026), topsides fabrication

    Who builds it as stated by the sources

    Operator / developerShell Brasil

    • Shell Brasiloperator (50%) and FPSO owner; partners Ecopetrol (30%) and KUFPEC (20%, acquired from Shell in Feb 2026, completion expected by end-2026 subject to approvals); PPSA manages the production sharing contract
    • MODECFPSO purchase and sales agreement (design of hull and all topsides facilities) plus 20-year operations and maintenance contract (March 2025); multi-yard build with Sumitomo Heavy Industries (Yokosuka, forward hull) and COSCO Qidong (aft hull, integration)
    • SOFEC (MODEC group)spread mooring system
    • Sumitomo Heavy Industries Marine & Engineeringforward hull block construction, Yokosuka (steel cut June 2025; block sailed to China July 2026)
    • COSCO Qidong Shipyardaft hull block (steel strike Oct 2025) and hull integration

    Key dates as stated by the sources

    FID
    March 2025
    Modec contracts
    2025-03-25
    Forward hull steel cut
    June 2025
    Aft hull steel strike
    October 2025
    Forward hull sailaway to china
    July 2026
    First oil target
    2029

    Disciplines likely needed our inference

    • FPSO hull and topsides engineers
    • yard construction supervision and QA/QC
    • mooring and marine engineers
    • commissioning and start-up engineers
    • FPSO operations and maintenance staff

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. MODEC Inks Purchase And Sales Agreement and Secures Operations and Maintenance Contract for Shell's Gato do Mato FPSO ProjectMODEC (company newsroom) · 2025-03-25
    2. MODEC: Pieces of Shell's Brazil-bound FPSO puzzle continue to slide into placeOffshore Energy · 2025-10-06
    3. MODEC Advances Construction of Brazil-Bound Gato do Mato FPSOBrazil Energy Insight · 2026-07-02
    4. Shell divests partial interest in Orca project offshore BrazilOffshore Magazine · 2026-02-04
    5. Forward Section of MODEC's Next Generation Hull for FPSO Gato do Mato Departs for Integration at China YardMODEC (company newsroom) · 2026-07-02

    Position on the globe: 24.80°S 43.20°W. Location approximate: Santos Basin pre-salt, ~200 km south of Rio de Janeiro, water depth ~2,000 m.

    This project on its own page - facts, sources and a summary to share.

  6. 06 / 11Nuclear

    Sizewell C nuclear power station

    United Kingdom

    The UK's second EPR project, now financially closed and in early construction.

    Size2 x EPR reactors, ~3.2 GW total; projected to supply up to 7% of UK electricity demand

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: construction …

    Who builds it

    • Sizewell C Ltd operator
    • EDF
    • UK Government / La Caisse / Centrica / Amber Infrastructure

    4 sources checked on 2026-10-08

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    Why we watch it

    The UK's second EPR project, now financially closed and in early construction — a long, front-loaded civils and infrastructure phase now, with the bulk of mechanical/E&I/commissioning demand still ahead for 2027-2035.

    Phase in full, as reported

    construction (early civil works — site infrastructure, road/rail bridges, piling — as of the 2026 construction updates)

    Who builds it as stated by the sources

    Operator / developerSizewell C Ltd — EDF (12.5%), UK Government (44.9%), La Caisse (20%), Centrica (15%), Amber Infrastructure (7.6%)

    • EDFminority owner, reactor technology/design (EPR), delivery partner
    • UK Government / La Caisse / Centrica / Amber Infrastructureco-investors following financial close

    Key dates as stated by the sources

    Construction start
    15 January 2024
    FID financial close
    22 July 2025
    Construction duration
    Projected 9-12 years

    Disciplines likely needed our inference

    • civil/structural engineering
    • construction management
    • planning/project controls
    • E&I (later phase)
    • commissioning (later phase)

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. UK's Sizewell C achieves financing landmarkWorld Nuclear News · 2025-07
    2. Sizewell C nuclear power stationEDF Energy (company project page) · 2026
    3. Sizewell C Construction Update March 2026Aldeburgh Town Council (local authority update, citing Sizewell C Ltd) · 2026-04
    4. In pictures: Freight trains deliver construction materials to Sizewell C for first timeNew Civil Engineer · 2026-09-14

    Position on the globe: 52.21°N 1.62°E. Location approximate: Suffolk, England.

    This project on its own page - facts, sources and a summary to share.

  7. 07 / 11Grid & HVDC

    NeuConnect — UK-Germany electricity interconnector

    United Kingdom / Germany

    One of the largest point-to-point interconnectors under construction in Europe.

    Size1.4 GW, ~700 km of land and subsea cable

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: construction — converter-station fit-out …

    Who builds it

    • NeuConnect Britain / NeuConnect Deutschland operator
    • Siemens Energy
    • Prysmian

    4 sources checked on 2026-10-08

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    Why we watch it

    One of the largest point-to-point interconnectors under construction in Europe — HVDC cable and converter-station work running in parallel with the North Sea's own HVDC build-out (e.g. TenneT's programme).

    Phase in full, as reported

    construction — converter-station fit-out (mechanical and electrical systems) under way in the UK and Germany since September 2026; over 350 km of the ~725 km cable route laid

    Who builds it as stated by the sources

    Operator / developerNeuConnect Britain / NeuConnect Deutschland (investors led by Meridiam, Allianz, Kansai Electric Power and TEPCO)

    • NeuConnect (project company)developer/owner
    • Siemens Energysupplied all 14 converter-station transformers, delivered by May 2026
    • Prysmiansubsea/land cable supply and installation (named by NeuConnect as its cabling contractor)

    Key dates as stated by the sources

    Construction start
    July 2023 (onshore)
    Startup target
    2028

    Disciplines likely needed our inference

    • electrical/HVDC engineering
    • cable installation supervision
    • civil works (converter stations)
    • commissioning
    • HSE

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. NeuConnect's huge 700km cabling programme reaches halfway pointNeuConnect Interconnector (company newsroom) · 2026-07-23
    2. NeuConnect reaches construction milestone with all 14 transformers now delivered to UK and German sitesNeuConnect Interconnector (company newsroom) · 2026-05-11
    3. NeuConnect moves into next stage of construction with Converter Station fit out works now underwayNeuConnect Interconnector (company newsroom) · 2026-09-25
    4. Fit-out of NeuConnect's converter stations in progressOffshore Energy · 2026-09-25

    Position on the globe: 51.45°N 0.71°E. Location approximate: UK converter station, Isle of Grain, Kent; German landing near Fedderwarden/Wilhelmshaven is the other endpoint.

    This project on its own page - facts, sources and a summary to share.

  8. 08 / 11Grid & HVDC

    TenneT 2GW offshore grid programme

    Netherlands / Germany

    The backbone grid build-out behind essentially every North Sea wind farm coming online this decade.

    SizeAt least 14 platforms of 2 GW each by 2032 — at least 8 in the Netherlands and 6 in Germany

    1. FID
    2. Engineering
    3. Fabrication (named in the reported phase)
    4. Construction (named in the reported phase)
    5. Installation (named in the reported phase)
    6. Commissioning

    Phase, as reported: fabrication / installation …

    Who builds it

    • TenneT operator
    • Heerema Marine Contractors
    • Allseas
    • GE Vernova–Seatrium
    • more under “More”

    7 sources checked on 2026-10-08

    Follow this projectSee the North Sea, live →
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    Why we watch it

    The backbone grid build-out behind essentially every North Sea wind farm coming online this decade — a long, steady programme of platform fabrication and offshore installation work spread across multiple Dutch main contractors.

    Phase in full, as reported

    fabrication / installation (second 2GW jacket, IJmuiden Ver Gamma, in construction since September 2026; first jacket, IJmuiden Ver Beta, due offshore summer 2027, topside 2H 2028)

    Who builds it as stated by the sources

    Operator / developerTenneT (Dutch/German transmission system operator)

    • TenneTdeveloper/grid operator, FID holder for the 14-platform programme
    • Heerema Marine Contractorstransport & installation framework agreement, awarded ~60% of lots; building a new float-over barge for 30,000+ tonne substations, deploying SSCV Sleipnir
    • Allseastransport & installation framework agreement, remaining lots
    • GE Vernova–Seatriummain contractor for the IJmuiden Ver Beta, IJmuiden Ver Gamma and Nederwiek 2 converter platforms
    • Heerema Fabrication Groupbuilds the jackets for those three converter platforms in Vlissingen, commissioned by GE Vernova–Seatrium

    Key dates as stated by the sources

    Programme target
    2032 for full 14-platform build-out

    Disciplines likely needed our inference

    • structural/fabrication engineering
    • marine installation supervision
    • E&I
    • commissioning
    • project controls

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. TenneT awards transport and installation slots for 2GW offshore platforms to Allseas and HeeremaTenneT (company newsroom) · 2023-2024
    2. Heerema to Build New Float-Over Barge for TenneT's 2GW Program Offshore PlatformsHeerema Marine Contractors (company newsroom) · 2025-01
    3. Construction starts on TenneT's second 2GW jacketOcean Energy Resources · 2026-09-18
    4. TenneT awards contracts to Allseas and Heerema for 2GW offshore platformsNS Energy · 2023-05-18
    5. Heerema signs framework agreement for transportation and installation of TenneT's 2GW programHeerema Marine Contractors (company newsroom) · 2023-05-17
    6. Jacket for TenneT's IJmuiden Ver Beta Platform Starts Taking ShapeoffshoreWIND.biz · 2026-08-31
    7. Mammoet supporting Heerema with offshore wind topsides floatoverOffshore Magazine · 2025-07-08

    Position on the globe: 52.60°N 3.70°E. Location approximate: Multiple 2GW platforms across the Dutch and German North Sea EEZ; coordinate is an indicative Dutch-sector location, not a specific platform site.

    This project on its own page - facts, sources and a summary to share.

  9. 09 / 11Deepwater FPSO

    Yggdrasil (Aker BP)

    Norway

    A three-platform development now estimated at NOK 195 bn (nominal, Oct 2026): the last topsides go offshore in late 2026.

    Size~700 million boe; 57 wells on three platforms; 250 km power cable from shore

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction
    5. Installation (named in the reported phase)
    6. Commissioning

    Phase, as reported: offshore installation and hook-up …

    Who builds it

    • Aker BP operator
    • Aker Solutions
    • Subsea 7
    • Allseas
    • more under “More”

    Reported risk Cost growth…

    7 sources checked on 2026-10-08

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    Why we watch it

    A three-platform development now estimated at NOK 195 bn (nominal, Oct 2026): the last topsides go offshore in late 2026, with hook-up, commissioning and subsea installation running into 2027.

    Phase in full, as reported

    offshore installation and hook-up (Hugin B topside installed early July 2026; Munin topside loaded out at Aibel Haugesund, ready for sail-away Aug 2026; Hugin A topside sail-away scheduled December 2026; power from shore commissioned June 2026)

    Reported risk in full, as reported

    Cost growth: Norway's 2027 state budget (7 Oct 2026) puts Yggdrasil at NOK 195 bn nominal, up 9.8% in a year and from NOK 120.8 bn at PDO; Aker BP raised investment guidance in July 2026 to hold the 2027 start-up.

    Who builds it as stated by the sources

    Operator / developerAker BP

    • Aker BPoperator (Hugin licence 76.72%); partners Equinor and Orlen Upstream Norway
    • Aker SolutionsEPC and offshore hook-up for the Hugin A production platform and jacket and the Hugin B unmanned wellhead platform and jacket (contract ~NOK 22 bn, Dec 2022); plus subsea production systems (~NOK 7 bn)
    • Subsea 7SURF package (per Offshore Technology project profile)
    • Allseastopsides installation (per Offshore Technology project profile)
    • NKTsubsea power cables (per Offshore Technology project profile)
    • AibelEPC of the Munin unmanned production platform topsides (Haugesund)

    Key dates as stated by the sources

    FID
    December 2022
    Pdo approval
    June 2023
    Hugin a first steel cut
    September 2023
    Hugin b topside sailaway
    2026-07-06
    Subsea final deliveries
    2028 (per Aker Solutions 2022 release)
    Startup target
    2027 (Aker BP aims for summer 2027)
    Hugin a topside sailaway
    December 2026 (scheduled)

    Disciplines likely needed our inference

    • offshore hook-up and commissioning engineers
    • subsea/SURF installation engineers
    • E&I and control systems engineers
    • structural/marine operations engineers
    • HSE and completion management

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Aker BP sends Hugin B topside to Yggdrasil in the Norwegian North SeaPortNews · 2026-07-06
    2. Aker Solutions Secures Multiple Contracts with Aker BP – Record High Order IntakeAker Solutions (company newsroom) · 2022-12-16
    3. Yggdrasil Field Development, North Sea, NorwayOffshore Technology
    4. Aker BP increases project cost estimates to protect 2027 startupsOil & Gas Journal · 2026-07-15
    5. Aker BP narrows 2026 production guidance as major Norway projects advanceWorld Oil · 2026-07-15
    6. Mammoet completes critical topsides operations for Aker BP's Yggdrasil projectWorld Oil · 2026-08-13
    7. Costs of Aker BP's flagship offshore projects continue to rise (Reuters)Baird Maritime · 2026-10-07

    Position on the globe: 59.90°N 2.20°E. Location approximate: Central North Sea, Norwegian shelf, ~160 km west of Kollsnes near Bergen; water depth 110–120 m.

    This project on its own page - facts, sources and a summary to share.

  10. 10 / 11Offshore gas platforms

    Block B & 48/95, 52/97 gas development (Block B – O Mon gas-to-power)

    Vietnam

    A new offshore gas hub.

    SizeGas for ~3,800 MW of power at O Mon; EPCI#1 >US$1 bn

    1. FID
    2. Engineering
    3. Fabrication (named in the reported phase)
    4. Construction (named in the reported phase)
    5. Installation
    6. Commissioning

    Phase, as reported: fabrication / construction …

    Who builds it

    • Phu Quoc Petroleum Operating Company operator
    • McDermott
    • PTSC
    • Vietsovpetro

    Reported risk First gas has moved from end-2026 to no later than Q3 2027, consistent with the February 2027 load-out of the living-quarters module…

    7 sources checked on 2026-10-08

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    More why we watch it · key dates · all contractors · sources

    Why we watch it

    A new offshore gas hub — central production platform, living-quarters platform, flare and bridges — fabricated in Vietnam under a McDermott-led EPCI contract, then installed and hooked up offshore.

    Phase in full, as reported

    fabrication / construction (EPCI#1 at ~29% overall progress with detailed engineering >71% as of August 2025; LQ fabrication underway)

    Reported risk in full, as reported

    First gas has moved from end-2026 to no later than Q3 2027, consistent with the February 2027 load-out of the living-quarters module. Downstream power plants lag: until end-2028 mainly O Mon I will be able to take Block B gas.

    Who builds it as stated by the sources

    Operator / developerPhu Quoc Petroleum Operating Company (PQPOC) for Petrovietnam (PVN), with MOECO, PVEP, PV Gas and PTTEP as partners

    • McDermottConsortium leader with PTSC for EPCI package #1: EPCI and hook-up/commissioning of the central production platform, living-quarters platform, flare tower and bridges (limited letter of award Oct 2023; full contract value >US$1 billion)
    • PTSC (Petrovietnam Technical Services Corporation)Consortium partner on EPCI#1; PTSC M&C fabricating the living-quarter module (LQM, ~2,643 t) and living-quarter utility deck (LQU, ~3,236 t) — first cut August 2025, LQM load-out scheduled 24 February 2027
    • VietsovpetroFabrication yard (VSP yard) named by PTSC for the living-quarter units

    Key dates as stated by the sources

    FID or award
    EPCI#1 limited letter of award to McDermott–PTSC on 31 October 2023; consortium leading the package since October 2023
    Milestone
    LQM fabrication commenced 1 August 2025; LQM load-out scheduled 24 February 2027
    Startup target
    First gas from Block B no later than Q3 2027 (Government Office Notification 487/TB-VPCP, 15 September 2026); O Mon I commercial operation December 2027, O Mon IV December 2028, O Mon II Q4 2029, O Mon III May 2030 (Can Tho Department of Industry and Trade, October 2026)

    Disciplines likely needed our inference

    • structural/topsides fabrication supervision
    • piping and E&I engineering
    • offshore installation and HUC
    • pipeline engineering
    • commissioning (gas processing, power)
    • project controls/planning
    • HSE

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. McDermott, PTSC Consortium Receives Limited Letter of Award for Block B Gas Development Project Offshore VietnamMcDermott (company newsroom) · 2023-10-31
    2. PTSC commences construction of LQM and LQU for the Vietnam Block B Gas ProjectPTSC (company news) · 2025-08
    3. Vietnam's gas-to-power project moves forward with planned investment nearing $12 billionOffshore Energy (trade press) · 2024-06-04
    4. Vietnam aims to fuel 3 power plants with Block B gas: PMThe Investor (Vietnam) · 2024-05-13
    5. Chuỗi dự án khí - điện Lô B - Ô Môn: Tiến độ của một mắt xích không thể tách khỏi toàn ChuỗiNăng lượng Việt Nam (Vietnam Energy Association journal) · 2026-09-22
    6. Chuỗi dự án khí - điện Lô B - Ô Môn và lịch tiến độ tích hợp các dự án thượng nguồn, trung nguồn, hạ nguồnNăng lượng Việt Nam · 2026-09-24
    7. Cần Thơ: Dòng khí Lô B dự kiến về năm 2027, các nhà máy Ô Môn vận hành từ cuối 2028Báo Xây dựng (Ministry of Construction newspaper) · 2026-10-01

    Position on the globe: 7.90°N 103.20°E. Location approximate: Blocks B, 48/95 and 52/97 in the Malay–Tho Chu basin, southwest Vietnam continental shelf, ~77 m water depth, 300+ km offshore Ca Mau; gas piped ~400 km to the O Mon power complex at Can Tho. Exact CPP location not published in sources checked.

    This project on its own page - facts, sources and a summary to share.

  11. 11 / 11Offshore wind

    Fengmiao 1 offshore wind farm

    Taiwan

    Taiwan's first Round-3.1 offshore wind project to reach financial close.

    Size495-500 MW

    1. FID
    2. Engineering
    3. Fabrication
    4. Construction
    5. Installation (named in the reported phase)
    6. Commissioning

    Phase, as reported: installation …

    Who builds it

    • Copenhagen Infrastructure Partners operator
    • Van Oord
    • DEME
    • Jan De Nul

    3 sources checked on 2026-10-08

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    Why we watch it

    Taiwan's first Round-3.1 offshore wind project to reach financial close, and a clean example of Dutch and Belgian marine contractors splitting scope on the same project (Van Oord on cables, DEME on foundations) — the kind of specialised installation work that draws Dutch offshore crews to Asia-Pacific.

    Phase in full, as reported

    installation (99 pin piles, offshore substation and both export cables complete as of early August 2026; CDWE's installation of the 33 jacket foundations follows; inter-array cables from 2027)

    Who builds it as stated by the sources

    Operator / developerCopenhagen Infrastructure Partners (CIP), developed via Copenhagen Offshore Partners

    • Copenhagen Infrastructure Partners / Copenhagen Offshore Partnersdeveloper
    • Van Oordtransport, installation and burial of 33 inter-array cables (~64 km) using cable-lay vessel Nexus, starting 2027
    • DEME, via its Taiwanese JV CDWEtransport & installation of 33 jacket foundations, pin piles and the offshore substation, from Q1 2026, using vessel Green Jade
    • Jan De Nulinstallation and protection of the two high-voltage export cables (~45 km and ~44 km) with cable-layer Willem de Vlamingh; both pulled into the offshore substation by August 2026

    Key dates as stated by the sources

    Financial close
    March 2025
    Completion target
    Commercial operation scheduled 2027

    Disciplines likely needed our inference

    • marine installation supervision
    • cable engineering
    • geotechnical/foundation engineering
    • HSE
    • commissioning

    Derived by us from project kind and phase - not stated by the sources below.

    Sources checked on 2026-10-08

    1. Van Oord, CIP awards Fengmiao 1 wind construction work offshore TaiwanOffshore Magazine · 2025-01-14
    2. Offshore Substation, Export Cable Works Completed at Taiwan's Fengmiao 1Offshore Wind (offshorewind.biz) · 2026-08-05
    3. Construction milestones at Fengmiao I Offshore Wind FarmOcean Energy Resources · 2026-08-05

    Position on the globe: 24.30°N 120.30°E. Location approximate: ~35 km off Taichung, central Taiwan.

    This project on its own page - facts, sources and a summary to share.