10000 results found for 'UK'

10000 results found for 'UK'
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  • 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 […]

  • 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.

  • Woodside’s CEO steps down to take the reins at BP

    18 December 2025
    Business & Finance, Human Capital, Outlook & Strategy

    UK-headquartered energy giant BP has revealed changes to its leadership team as its current Chief Executive Officer (CEO) resigns from the role, which will be handed over to an interim one until the current CEO of Australia’s energy giant Woodside wraps her current job and can take over the same role at the British firm.

  • BP and ADNOC’s JV pouring $500 million to bring Egyptian gas project to life

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

    Arcius Energy, an affiliate of the UK-headquartered BP and the UAE-based ADNOC’s XRG, has made a final investment decision (FID) for a natural gas field off the coast of Egypt.

  • BP and TPAO seal oil & gas cooperation pact

    13 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    UK-headquartered energy giant BP has struck a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to pool resources in the oil and gas exploration and production arena.

  • Adriatic oilfield back in production mode after months-long shutdown

    14 October 2025
    Business Developments & Projects, Exploration & Production

    The Italian subsidiary of London-based oil and gas player Energean has restarted production at its field off the coast of Abruzzo, Italy.

  • 2025’s greatest trio of oil & gas, FPSO, and LNG mergers that never came to fruition

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    While multiple consolidation moves have sprung up across the offshore energy and maritime arenas over the past 12 months, some never bore fruit. Offshore Energy has selected three business combination plays, regardless of whether they were born of truth or fiction, that did not make it to the finish line despite the initial optimism and euphoria.

  • Eni and Petronas ink binding deal for ‘historic’ upstream alliance in Southeast Asia

    4 November 2025
    Business Developments & Projects

    Two oil and gas giants, Italy’s Eni and Malaysia’s PETRONAS, have signed an investment agreement to establish a regional upstream joint venture company combining some of their upstream assets in Indonesia and Malaysia.

  • Scottish wave energy firm to launch demo projects in Taiwan and Guam

    28 January 2026
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vision

    Scotland-based marine energy company ZOEX Power has secured the first-ever sale of its wave energy prototype device, after completing real-world sea trials on the Turkish Black Sea coast. The purchase order was secured from a fully owned subsidiary of Türkiye’s Ordu municipality, named Oren Ordu Enerji A.S., following long-term sea trials at Belde Park. The […]

  • New Asian oil & gas explorer emerges from Triangle Energy’s spin out move

    17 March 2026
    Business & Finance, Business Developments & Projects

    Western Australia-headquartered and ASX-listed oil producer and explorer Triangle Energy has decided to restructure its portfolio by carving out its assets in the Philippines to give birth to a new Asian-focussed oil and gas explorer through the proposed new ASX-listed Tetragon Energy.

  • Scottish firm expands presence in Canada with 12.5MW tidal award 

    11 November 2025
    Business Developments & Projects, Collaboration, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Technology

    Canadian tidal developer Eauclaire Tidal and Scottish renewable energy company Orbital Marine Power have received 12.5MW of new tidal energy licences from the Province of Nova Scotia under the 2025 tidal energy procurement process.  According to Orbital Marine Power, the award includes two 15-year power purchase contracts, along with seabed and grid connection rights at […]

  • Anemoi: 400,000 dwt NSU ore carrier gets rotor sails

    12 November 2025
    Technology, Vessels

    UK-based wind propulsion technology provider Anemoi Marine Technologies has completed the retrofit on one of the largest vessels in the world, the 400,000 dwt ore carrier NSU Tubarao. Anemoi installed five 35-meter-tall units on the vessel, which is owned by Japanese bulk owner/operator NS United Kaiun Kaisha (NSU) and chartered by Brazilian mining giant Vale […]

  • 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.

  • Petrobras and Shell up their stakes in pre-salt oil projects offshore Brazil

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

    A consortium, consisting of Brazil’s state-owned energy giant Petrobras and Shell Brasil Petróleo, a subsidiary of the UK-headquartered Shell, has secured additional equity in two pre-salt oil projects in Brazilian waters following an auction led by Pré-Sal Petróleo (PPSA).

  • Shell lines up 15-year offtake from ADNOC’s mega LNG project

    4 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Abu Dhabi National Oil Company (ADNOC) has struck a multi-year liquefied natural gas (LNG) offtake deal with Shell International Trading Middle East Limited FZE, a wholly-owned subsidiary of the UK-based Shell, for its low-carbon LNG project, currently under development in the United Arab Emirates (UAE).

  • Borr rig embarks on multi-well oil & gas drilling job in Asia, another unit joining next month

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

    UK-headquartered oil and gas player Pharos Energy has confirmed the start of drilling activities in Block 16-1, located in the shallow water Cuu Long Basin, off the coast of Vietnam. A jack-up rig, owned by Borr Drilling, an offshore drilling player, has begun this drilling assignment. This mobile offshore drilling unit (MODU) will work alongside another rig, which will start its job in mid-November 2025.

  • Mitsui greenlights $40 million investment in Port of Nigg

    30 March 2026
    Business & Finance, Infrastructure, Ports & Logistics

    An investment of over GBP 30 million (around $40 million) in new facilities that will support offshore wind construction at the Port of Nigg in Scotland has received final approval by Maraen, a new integrated energy infrastructure brand launched by Mitsui & Co. Europe and Mitsui O.S.K. Lines (MOL), which acquired Port of Nigg, Global […]

  • Wheels up for CB&I to bring Petrofac’s Asset Solutions business into its fold

    25 December 2025
    Business & Finance, Business Developments & Projects

    CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has made a play for Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning services for onshore and offshore energy assets. This move is expected to enable the buyer to diversify and enlarge its footprint through integrated solutions, earnings growth, and geographic expansion.

  • UK firm nets cable lay award in APAC, opens office in Singapore

    29 September 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vision

    Aberdeen-headquartered Maritime Developments Limited (MDL) has secured a subsea installation project in the Asia Pacific (APAC) region, an award that came shortly after the opening of an office in Singapore. The award covers the laying of two cables and two umbilicals in water depths of between 800 and 1,200 meters, set to be performed in a […]

  • Hellenic Cables bags East Anglia Two inter-array cable deal

    3 October 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Hellenic Cables has been awarded a contract by Seaway7 for the supply of approximately 165 kilometers of 66 kV inter-array cables and associated accessories for the East Anglia Two offshore wind farm in the UK. Hellenic Cables’ scope of work includes the engineering, design, manufacturing, testing, and supply of the cables, as well as the […]

  • BP tasks Seatrium with FPU job in Gulf of America

    26 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    UK-headquartered energy giant BP has entrusted Seatrium, a Singapore-headquartered provider of offshore, marine, and energy solutions, with an assignment related to a newbuild floating production unit (FPU), destined for deployment at a deepwater oil project in the Gulf of America (the U.S. Gulf of Mexico).

  • Chinese partner comes aboard African oil & gas block ahead of drilling ops

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

    Antler Global, an associated company of the UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas, has inked a deal to offload a partial stake in a block off the coast of Equatorial Guinea to Fuhai (Beijing) Energy, a wholly owned subsidiary of China’s privately owned Fuhai Group New Energy Holding.

  • 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.

  • UK marine energy sector growth under discussion by industry stakeholders

    26 September 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Human Capital, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Vision

    Industry stakeholders will gather in Aberdeen next month to explore the UK’s multi-billion-pound wave and tidal energy potential. The Marine Energy 2025 event, organized by Global Underwater Hub (GUH) in partnership with the UK Marine Energy Council (MEC), will take place at GUH’s office in Westhill. The one-day meeting follows the launch of the UK […]

  • Equinor charts flight path for oil & gas assets with CHC and Lufttransport as $430M chopper deal takes off

    24 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    With offshore safety high up on its radar, Norway’s state-owned energy giant Equinor has hired CHC Helikopter Service and Lufttransport RW for the multi-year provision of helicopter services at multiple oil and gas projects on the Norwegian Continental Shelf (NCS).