10000 results found for 'UK'

10000 results found for 'UK'
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  • QatarEnergy broadens its oil & gas footprint in Uruguay and Eastern Mediterranean

    25 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Qatar’s state-owned oil and gas giant QatarEnergy has taken steps to bring new exploration blocks off the coast of Uruguay into its fold, while sealing a gas cooperation deal in the Eastern Mediterranean.

  • ExxonMobil books McDermott for Mozambique’s multibillion-dollar LNG project

    7 August 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    McDermott Energy Solutions (UK), a subsidiary of the U.S. offshore engineering and construction player McDermott, has secured a letter of intent (LOI) for a proposed liquefied natural gas (LNG) project with ExxonMobil Moçambique, a subsidiary of the American energy giant ExxonMobil, on behalf of partners in a deepwater block off the coast of Mozambique.

  • BP flows first non-associated gas from its giant Caspian Sea field

    2 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-headquartered energy giant BP has achieved the start of non-associated gas (NAG) production at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

  • Norwegian oil & gas cash flow surpasses $74 billion as investment bill hits $30.71B

    14 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions added to the country’s coffers in 2026 compared to last year.

  • $33.4 billion acquisition of AES filling financial coffers for Panamanian firms’ $4B lawsuit

    6 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Sinolam, Panamanian companies with projects in the liquefied natural gas (LNG) and power generation sector, has provided its take on the acquisition of AES Corporation by a consortium led by Global Infrastructure Partners, part of BlackRock, viewing it through the lens of opportunity, as BlackRock’s bid for AES could open a new scenario for the firm’s multibillion-dollar lawsuit by bolstering the sued player’s financial standing.

  • Major oil & gas operators facing 48-hour strike across multiple UK offshore assets

    9 February 2026
    Business & Finance, Business Developments & Projects, Human Capital

    With more than 400 offshore members employed by Bilfinger UK poised to embark on industrial action due to a dispute over pensions, operators including BP, CNR, Ineos, Ithaca, and TAQA will experience a two-day stoppage at dozens of offshore installations on the UK Continental Shelf (UKCS) next week.

  • Well-Safe bags new North Sea decom job: Archer, NMC Energy supporting P&A ops for 260+ wells

    7 July 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Aberdeen-based decommissioning services provider Well-Safe Solutions has landed a new decommissioning assignment at a field in the North Sea on the UK Continental Shelf (UKCS) and hired Archer and NMC Energy to lend a hand with the plug and abandonment (P&A) scope of work.

  • 2014-built drillship sports new equipment amid Noble’s upbeat rig market outlook

    3 August 2026
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Market Outlooks, Outlook & Strategy, Technology

    Noble Corporation, a U.S.-based offshore drilling giant, has fitted one of its drillships with new equipment, reflecting its confidence in a strengthening offshore drilling market and busier years ahead for the global rig fleet.

  • Oil & gas duo join forces to find rig for drilling campaigns in Southeast Asia

    8 April 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    SundaGas Banda Unipessoal, a wholly owned subsidiary of the UK-based and AIM-listed Sunda Energy, has teamed up with Finder Timor-Leste, a subsidiary of Perth-based oil and gas exploration player Finder Energy, to obtain a rig for the two companies’ drilling programs off the coast of the Democratic Republic of Timor-Leste, Southeast Asia.

  • ABL enhances its menu for energy industries with acquisition of Southeast Asia‑based firm

    13 May 2026
    Business & Finance, Business Developments & Projects

    Oslo-listed global consultancy group ABL Group is expanding its end‑to‑end technical offering to the energy industries by making a move to bring into its fold SynergenOG, a Malaysia‑based process safety and technical risk management consultancy for the energy industry.

  • France plans 250 MW tidal energy rollout by 2030 in new energy strategy

    13 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The French Government is planning to have 250 MW of tidal energy capacity awarded by 2030, as part of the third edition of the country’s energy strategy on the way towards carbon neutrality by 2050. The Publication Pluriannuelle de l’Energie (Multiannual Energy Programme (PPE)) includes commercial tenders for 250 MW of tidal energy capacity to […]

  • Four more wells set to come online in months ahead offshore Ghana

    28 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Tullow Ghana Limited (TGL), a subsidiary of the UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has confirmed its timeline for putting four wells into production mode at a field off the coast of Ghana.

  • New player enters US Gulf oil & gas playground with $3.2B LLOG buy

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

    London-listed oil and gas company Harbour Energy has brought into its fold the U.S.-headquartered LLOG Exploration Company (LLOG), marking its strategic entry into the deepwater U.S. Gulf of America (the U.S. Gulf of Mexico).

  • Aquaterra Energy chosen for multi-well intervention and abandonment in Spain

    10 February 2026
    Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Aquaterra Energy, a UK-headquartered offshore energy engineering solutions provider, has secured a contract with an undisclosed client for well intervention and abandonment services offshore Spain. Aquaterra Energy said that the contract, worth seven figures and encompassing multiple years, will see it deliver a subsea well access solution to support intervention and abandonment activities across 11 […]

  • Saipem exits Saudi Arabian shallow-water drilling playground with sale of jack-up rig fleet to ADES

    24 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italy’s engineering, drilling, and construction services giant Saipem is divesting its shareholding in Saudi Arabian Saipem (SAS) to close its shallow water drilling chapter in Saudi Arabia, as it continues its shift to deepwater plays. This move enables ADES Holding Company, part of Saudi Arabia-headquartered ADES Group, to bring the Italian giant’s affected jack-up rigs into its fold, enlarging its rig fleet.

  • BP, SOCAR employ advanced tech to enhance output at Caspian Sea oil asset

    15 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Technology

    UK-headquartered energy giant BP and its partner, State Oil Company of the Republic of Azerbaijan (SOCAR), have shed light on the innovative solutions deployed to maximize recovery at a giant oilfield in the Caspian Sea off the coast of Azerbaijan.

  • Transocean, Noble, COSL, Seadrill, and Valaris pinpointed as rig backlog powerhouses

    20 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    While taking a deep dive into the floater rig market and top floating rig managers based on the current total backlog for 2026, Westwood Global Energy, an energy market research and consultancy firm, has spotlighted five offshore drilling players – Transocean, Noble, COSL, Seadrill, and Valaris – as the ones that share the largest slices of this year’s backlog cake.

  • Five companies lined up for Scotland’s €1B subsea electricity network upgrade

    17 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Scottish and Southern Electricity Networks (SSEN) Distribution has selected five contract partners to help deliver future investment of up to £950 million (about €1.09 billion) in the Scottish subsea electricity network and support the multi-year framework to renew and upgrade subsea electricity links serving Scotland’s island communities. The contract partners that will deliver investment on behalf […]

  • Energean widens its oil & gas portfolio with entry into Angola

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

    London-based oil and gas player Energean has taken the first step in its strategy to expand its operations into West Africa by acquiring stakes in two blocks off the coast of Angola from the U.S.-headquartered energy giant Chevron.

  • Rig gigs of $900 million push Valaris’ backlog to $4.7 billion

    20 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Bermuda-incorporated offshore drilling contractor Valaris has secured a batch of new drillship and jack-up rig assignments and extensions in Africa, Asia-Pacific, Europe, and North and South America.

  • US gov’t, TotalEnergies strike $1 billion deal; Company to invest reimbursed offshore wind fees in its oil & gas projects

    24 March 2026
    Business & Finance

    The U.S. Department of the Interior (DOI) and TotalEnergies have signed settlement agreements to terminate the company’s two offshore wind leases in the United States, confirming recent reports that a deal was being drafted under which TotalEnergies would be reimbursed $928 million (around €806 million) paid in lease fees. Under the deal, TotalEnergies, along with […]

  • Farm-out of African oil & gas block awaits regulatory clearance

    13 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has reaffirmed that all requirements are out of the way for an extension of a production sharing contract (PSC), covering a block off the coast of Equatorial Guinea. A recently signed farm-out deal for the block is still pending regulatory approvals.

  • Tullow dishes millions to buy FPSO deployed in West Africa

    20 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Tullow Ghana Limited (TGL), a subsidiary of the UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has set the wheels in motion to acquire a floating production, storage, and offloading (FPSO) vessel, which is working off the coast of Ghana, West Africa.

  • Eco Wave Power enters deal for potential financing of global wave energy projects

    16 February 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    Eco Wave Power has signed a letter of intent (LoI) with Wavefront Asset Management (WAM) under which the UK-based asset management firm is expected to provide structured equipment financing and leasing solutions to support the deployment of Eco Wave Power’s wave energy generation equipment across its global project portfolio. Eco Wave Power may, at its […]

  • Spirit Energy books AG on multi-year North Sea gig

    18 March 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Spirit Energy, an energy company with two shareholders consisting of Centrica (69%) and Stadtwerke München GmbH SWM (31%), has hired AG Consultancy and Apps (AG), an independent SAP consultancy, on a long-term assignment to support its assets in the North Sea.