10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Eni cheers launch of its Mozambique-bound FLNG at Samsung Heavy Industries’ shipyard

    16 January 2026
    Business & Finance, Business Developments & Projects

    Italy’s energy giant Eni has attended the inauguration ceremony South Korea’s Samsung Heavy Industries (SHI) held for its second floating liquefied natural gas (FLNG) unit, which will be deployed in the supergiant Rovuma basin off the coast of Mozambique, Africa.

  • WATCH: Eni commends LNG cargo debut from African FLNG project

    9 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italy’s energy giant Eni has commemorated the inaugural liquefied natural gas (LNG) shipment from the second phase of its LNG project off the coast of Congo, Africa.

  • Transocean rig duo staying longer on drilling gigs in Norwegian waters

    11 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Switzerland-based offshore drilling contractor Transocean has picked up multimillion-dollar extensions for two of its harsh environment semi-submersible rigs deployed off the coast of Norway.

  • Five Noble rigs change hands, expanding Borr Drilling’s fleet to 29 jack-ups

    29 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has taken into its fold five premium jack-up rigs, which used to be part of the U.S.-headquartered Noble Corporation’s fleet.

  • TotalEnergies augments its oil portfolio offshore Namibia through deal with Galp

    9 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    French energy giant TotalEnergies has shaken hands with Portuguese oil and gas company Galp on a deal that will enable it to enter the PEL 83 license, encompassing an oil discovery off the coast of Namibia, by taking over the operator baton. Galp is getting a minor stake in the French player’s giant black gold discovery as part of this deal.

  • Odfjell presses play for Brazil-Europe green corridor as new zero-emission shipping step

    15 December 2025
    Business & Finance, Business Developments & Projects, Transition, Vessels

    Norway-headquartered Odfjell Group, a player in seaborne transportation and storage of chemicals and other specialty bulk liquids, has bankrolled and put into operation mode what it describes as the first operational green shipping corridor between Brazil and Europe.

  • Arbitration battle looms in Asia as Empyrean challenges Conrad’s withdrawal notice

    18 November 2025
    Business & Finance, Business Developments & Projects

    Conrad Asia Energy’s wholly-owned subsidiary, West Natuna Exploration Limited (WNEL), has served Empyrean Energy, an AIM-listed oil and gas exploration company, with a notice of election of remedy and forced withdrawal, after the duo had been knee-deep in talks regarding the settlement of outstanding cash calls over the past few months.

  • UK oil & gas consolidation continues: Serica makes move on Spirit Energy’s North Sea assets

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy has taken another consolidation step on the UK Continental Shelf (UKCS) by striking a deal to acquire the oil and gas portfolio of Spirit Energy Limited and its affiliates for an upfront consideration of £57 million (around $74 million).

  • 15,066 blocks up for grabs in next US offshore oil & gas lease sale

    4 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The U.S. Bureau of Ocean Energy Management (BOEM) has taken further steps to conduct the second offshore oil and gas lease sale under the One Big Beautiful Bill Act, which encompasses thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales.  

  • Rig search ongoing to get Southeast Asian gas drilling project back on track

    10 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based and AIM-listed Sunda Energy, formerly Baron Oil, is setting the stage to undertake its planned drilling campaign on a gas field off the coast of Timor-Leste, Southeast Asia.

  • Everllence, MEYER RE join forces to develop methanol retrofitting solutions

    14 August 2025
    Business Developments & Projects, Collaboration, Innovation, Technology, Vessels

    German engine manufacturer Everllence (formerly MAN Energy Solutions) and compatriot MEYER RE, an arm of the Meyer Group focused on sustainable maritime solutions, have shaken hands on an initiative to ‘advance’ methanol retrofitting systems. As divulged by the partners, the project will aim to cut down on the maritime industry’s carbon footprint while ensuring operational […]

  • ABS CEO: Nuclear power stands as shipping’s next great frontier

    26 September 2025
    Outlook & Strategy, Transition

    Nuclear power should be taken seriously as a credible and scalable solution for the maritime industry’s decarbonization drive, with the potential to ‘reshape’ the sector’s future energy mix, American Bureau of Shipping (ABS) Chairman and CEO Christopher J. Wiernicki has said. As Wiernicki highlighted at a recent maritime event held in Athens, Greece: “Nuclear energy […]

  • Canada’s $5.1 billion LNG project continues to take shape (Gallery)

    24 October 2025
    Business & Finance, Business Developments & Projects

    Woodfibre Management, a privately held Canadian company based in Vancouver, has made progress in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.

  • North Sea yields fresh gas and condensate discovery

    19 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Harbour Energy Norge, a subsidiary of London-listed oil and gas company Harbour Energy, has made a new gas and condensate discovery in the Norwegian sector of the North Sea, which was drilled with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

  • Shell flows first gas from North Sea field

    1 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has kicked off production from a gas field in the North Sea, which is expected to help maintain domestically produced gas for Britain’s homes, businesses, and power generation.

  • TotalEnergies offloads oil stakes in Nigerian JV and sets up Middle East’s new trading player

    14 January 2026
    Business & Finance, Business Developments & Projects

    France’s energy giant TotalEnergies has taken steps to divest its oil interest in Renaissance joint venture (JV), formerly SPDC JV, licenses in Nigeria to Vaaris and breathe life into BxT Trading, a new trading company for petroleum products in the Middle East, with Bapco Energies.

  • UK firm makes a play for Angolan block with multiple oil & gas discoveries and prospects

    5 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-headquartered and AIM-listed upstream oil and gas company Afentra has taken steps to secure its first offshore operatorship by expanding its portfolio with another block adjacent to its existing assets off the coast of Angola.

  • TotalEnergies spotlights €20B poured into low-carbon progress since 2020 amid legal scrutiny

    24 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Transition

    In the aftermath of a court decision related to its carbon neutrality ambition, France’s energy giant TotalEnergies has shed light on its multi-energy strategy investments, highlighting its low-carbon inroads backed by a €20 billion injection over the past five years.

  • ZEUS on the move: Wheels up to turn stranded gas reserves into sustainable energy sources

    15 August 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Technology, Transition

    Four players – MISC, Petronas, Aker Solutions (AKSO), and Clean Energy Systems (CES) – have laid the groundwork for a demo front-end engineering and design (FEED) process to pave the way for the development of the Zero Emission Power Station (ZEUS) project for both onshore and offshore deployment, envisioned to transform stranded gas reserves into zero-emission power generation.

  • Seventh ammonia-ready vessel joins Grimaldi’s fleet

    14 January 2026
    Business & Finance, Business Developments & Projects, Vessels

    Italy’s shipping player Grimaldi Group has taken delivery of the seventh ammonia-ready pure car and truck carrier (PCTC), which is already set for its maiden voyage on the Asia–Europe service.

  • Grimaldi welcomes second ammonia-ready car carrier

    8 August 2025
    Business Developments & Projects, Infrastructure, Vessels

    Italy’s shipping player Grimaldi Group has taken delivery of the second ammonia-ready pure car and truck carrier (PCTC), Grande Tianjin.

  • UK-US duo buying Europe’s ‘largest’ LNG regasification facility

    14 August 2025
    Business & Finance, Business Developments & Projects

    U.K.-based energy company Centrica and U.S. investment firm Energy Capital Partners (ECP), part of Bridgeport Group, have set the wheels in motion to acquire the liquefied natural gas (LNG) terminal in Kent County, UK, from British electricity and gas utility, the National Grid group.

  • ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

    12 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on Argentina’s Atlantic coast, and Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian Sea to the European market.

  • BW Offshore emerges as preferred FPSO bidder for Canada’s $12B oil project

    1 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Equinor has taken another step to bring to life its oil project off the coast of Newfoundland and Labrador by inking heads of agreement (HoA) with BW Offshore for a floating production, storage, and offloading (FPSO) unit that will be deployed on the Canadian project, which was put on ice for three years a couple of years ago.

  • Snam moves to take over partner’s stake in Italy’s FSRU

    12 December 2025
    Business & Finance, Business Developments & Projects

    Snam has taken a step to buy the stake its partner, Igneo Infrastructure Partners, holds in Italy’s floating regasification terminal operator, OLT Offshore LNG Toscana, which runs a floating storage and regasification unit (FSRU) moored off the coast of Livorno.