10000 results found for 'UK'

10000 results found for 'UK'
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  • Hamburg Declaration: North Sea countries target 100 GW of cross-border offshore wind, boost to green hydrogen

    26 January 2026
    Authorities & Government, Regulation & Policy

    Energy ministers from nine North Sea countries signed the ‘Hamburg Declaration’ at the North Sea Summit in Hamburg on January 26, agreeing to work towards up to 100 GW of cross-border offshore wind capacity in the North Seas by 2050, while also advancing offshore renewable hydrogen as part of a more integrated regional energy system. […]

  • European maritime and nuclear players ink strategic cooperation agreement

    6 November 2025
    Business Developments & Projects, Collaboration, Environment, Safety, Transition

    France-based classification society Bureau Veritas (BV), together with thirty European companies from the French and wider nuclear and maritime sectors, has formally signed a cooperation declaration aimed at speeding up nuclear applications in the maritime industry. Formally named the “Declaration of Cooperation for Accelerating Nuclear for Maritime Applications to meet Climate Ambitions”, the agreement was […]

  • 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 […]

  • Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer

    3 February 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Transition

    With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission cuts by combining low-cost reserves, fast-track development, and cross-border collaboration. The firm’s 2026 horizon spotlights multiple final investment decisions (FIDs) for gas and liquefied natural gas (LNG) projects.

  • $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.

  • Mersey tidal power project moves forward with cooperation extension

    6 November 2025
    Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development

    Liverpool City Region Mayor Steve Rotheram has extended a “successful and productive” collaboration with K-Water, the Korean company behind the “world’s largest” tidal power facility at Sihwa Lake. The memorandum of agreement (MoA), first signed three years ago, is supporting the Combined Authority’s plans to harness the tidal power potential of the River Mersey.  According […]

  • 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.

  • Wave and tidal energy to reach $1.85B by 2032, commercial deployment by 2031, report finds

    18 December 2025
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Research & Development, Rules & Regulation, Technology, Transition, Vision

    The wave and tidal energy market is projected to grow to $1.85 billion by 2032, with ocean-based renewable power expected to move beyond pilot installations and enter early commercial deployment by 2031, according to a report by market research firm DataM Intelligence. The global wave and tidal energy market reached $983.11 million in 2024 and will […]

  • 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 […]

  • 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.

  • IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

    1 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Transition

    The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected Member States to serve on three categories of the IMO Council. Meanwhile, EmissionLink’s Managing Director has warned that the IMO’s decision to delay its Net Zero Framework is creating a regulatory vacuum which threatens to fragment global shipping decarbonization efforts.

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

    16 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    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 subsea operations.

  • Leclanché marine battery system equipped on cruise vessel for ‘first’ time

    13 October 2025
    Business Developments & Projects, Collaboration, Environment, Equipment, Technology, Transition, Vessels

    Swiss energy storage solutions provider Leclanché SA has outfitted a hybrid ocean cruise vessel with marine battery power systems in collaboration with marine technology resource supplier Century Ship Service. The two partners revealed the completion of this project on October 9. As disclosed, Leclanché and Century Ship Service, which provides solutions for marine power, construction, […]

  • Halliburton picks UK tech for next-gen well monitoring

    25 September 2025
    Business Developments & Projects, Technology

    Halliburton has acquired a global license to deploy technology developed by WellSense, a provider of rapid fiber-optic well diagnostics services, for use in well stimulation monitoring.

  • Scotland’s clean energy zest grows as it signs off on new subsea cable link and Banniskirk Hub

    28 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Transition

    Scottish transmission system operator (TSO) SSEN Transmission has collected all permissions needed for a high voltage direct current (HVDC) subsea cable link between Sinclair’s Bay in Caithness and Rattray Head near Peterhead, thanks to a marine license for the subsea electricity transmission project and a planning consent for a clean energy project that will see the construction of a new 400 kV substation and HVDC converter station in the Spittal area.

  • DOF orders work-class ROV for its Brazilian operations

    6 October 2025
    Business & Finance, Business Developments & Projects, Equipment, Innovation, Outlook & Strategy, Technology

    Norwegian vessel owner DOF Group has placed an order with UK’s Forum Energy Technologies (FET) for a work-class remotely operated vehicle (ROV) with a supporting tether management system. The equipment, expected to be delivered late this year, will support DOF’s subsea operations in Brazil. According to FET, this latest generation XLX-C24 ROV system features the […]

  • 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.

  • 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.

  • UK to chart course for greener maritime sector with upcoming innovation hub

    23 September 2025
    Authorities & Government, Innovation, Transition

    In a bid to speed up innovation and ramp up decarbonization efforts, the United Kingdom is set to launch a UK Maritime Innovation Hub. As informed, the country plans to launch the hub, which will be hosted by the Maritime and Coastguard Agency (MCA), in April 2026. The innovation hub was initially unveiled earlier this […]

  • $25.6M acquisition expanding Serica’s North Sea footprint

    30 September 2025
    Business & Finance, Business Developments & Projects

    The UK-based upstream oil and gas player Serica Energy has signed a sale and purchase agreement to acquire 100% of the issued share capital of Prax Upstream from Prax Exploration & Production.

  • BP fires up more gas wells off Trinidad as terminal electrification works continue in Azerbaijan

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

    While construction activities for its terminal electrification project are underway in Azerbaijan, the UK-headquartered energy giant BP has drilled and put into production mode three remaining wells in its seven-well drilling campaign off the coast of Trinidad and Tobago.  

  • PSC extension in hand: Farm-out and drilling plans moving forward for African oil & gas block

    6 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has confirmed that the final details are being ironed out for an extension of a production sharing contract (PSC) covering a block off the coast of Equatorial Guinea.

  • UCL: Climate transition could hit South Korean, Chinese, and European shipping financiers hardest

    22 October 2025
    Business & Finance, Market Outlooks, Transition

    European, Chinese and South Korean financiers have over half of their portfolio tied to oil and gas carriers that are most at risk of becoming stranded assets in the global rush to shift to a low-carbon energy system, a new report by UCL’s Energy Institute Shipping and Oceans Research Group suggests. As the global economy […]

  • BP scores victory in arbitration showdown with Venture Global, seeks over $1B in damages

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

    Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has lost its arbitration battle against the UK-headquartered energy giant BP over the delay in starting full commercial operations at its LNG facility in Louisiana, United States.