10000 results found for 'UK'

10000 results found for 'UK'
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  • UK’s first green shipping corridor is in the making

    18 September 2025
    Infrastructure, Ports & Logistics

    The UK-based clean energy enabler NatPower Marine and compatriot port operator Peel Ports Group are set to commence installation of shore power at Heysham in September 2025.

  • World’s first global shipping carbon price talks back at UN’s bargaining table

    17 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Regulation & Policy, Rules & Regulation, Transition, Vessels

    As negotiations on a landmark climate agreement introducing the world’s first global carbon price on any polluter are set to catch a second breeze, the resumption of talks at the UN is seen as a big test whether countries can unite against the U.S. and other largely oil-producing states to defend the framework and adopt it as it is later this year to help curb shipping’s reliance on fossil fuels and cut vessel fuel costs in the long-term.

  • North Sea operator raising €450M to fund boost in UK gas field and growth opportunities

    17 September 2025
    Business & Finance, Business Developments & Projects

    Ithaca Energy, a North Sea oil and gas operator and producer, has disclosed pricing of its senior notes offering and the extension of its reserves based lending (RBL) facility, which is expected to fuel the firm’s acquisition of an additional stake in a gas field in UK waters and optimize financial flexibility for further expansion and growth.

  • NKT named preferred bidder for UK’s subsea green electricity superhighway

    15 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Danish power cable manufacturer and installation firm NKT has been selected as the preferred bidder for the Eastern Green Link 3 (EGL3) offshore high-voltage direct current (HVDC) interconnector between Scotland and England, set to become one of the biggest electricity transmission projects in the UK. SSEN Transmission and National Grid Electricity Transmission have selected NKT as […]

  • BP unlocking more US oil & gas with go-ahead for $5 billion Gulf of America project

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

    BP has decided to move forward with its second production platform in the Gulf of America (the U.S. Gulf of Mexico) in less than two years to augment its upstream business by making a final investment decision (FID) for one of the eight to ten major projects expected to start up globally between 2028 and 2030.

  • UK workers’ strike threat pays off: 130-strong North Sea crew endorses pay boost with CNOOC

    18 September 2025
    Business & Finance, Business Developments & Projects, Human Capital

    With the wage growth mission spreading its wings across North Sea platforms, offshore workers have increasingly turned to potential industrial action pursuits to get better pay deals in the UK’s offshore energy sector, as illustrated by the latest wage win secured by workers employed on assets operated by CNOOC Petroleum Europe (CNOOC), a European affiliate of CNOOC, a Chinese state-owned oil and gas giant.

  • Anemoi completes rotor sail installation on 325,000 dwt U-Ming VLOC

    1 October 2025
    Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Taiwanese shipping company U-Ming Marine Transport Corporation (U-Ming) and the UK-based wind propulsion technology provider Anemoi Marine Technologies have completed the rotor sail installation on U-Ming’s Grand Pioneer, a 325,000 dwt very large ore carrier (VLOC).

  • PowerCell to deliver fuel cell systems for two hydrogen-powered bulk carriers

    1 October 2025
    Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Research & Development, Technology, Vessels

    PowerCell has secured a contract to supply fuel cell systems for two hydrogen-powered bulk carriers being built by GMI Rederi.

  • $27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers

    17 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Against the backdrop of concerns over hydrocarbon production rates, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have secured over $27.14 billion in profits.

  • Petrofac staying longer on North Sea assignment with Shell’s affiliate

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

    UK-headquartered oilfield services provider Petrofac has secured a contract extension in the North Sea, which will enable it to keep working for a subsidiary of Shell, a compatriot energy giant.

  • UK subsea contractor orders three ROVs for work in West Africa

    11 September 2025
    Business & Finance, Business Developments & Projects, Equipment, Innovation, Outlook & Strategy, Project & Tenders, Technology

    Film-Ocean, a UK-based subsea contractor providing ROV inspection and intervention services, in partnership with its parent company Stapem, is investing in three work-class remotely operated vehicles (ROVs) from SMD. The order comprises two SMD Quantum 250-hp heavy-duty work-class ROVs and one SMD Atom ultra-compact work-class ROV. Delivery of the Quantum ROVs is scheduled for next […]

  • NeuConnect: Auctioneer selected for cross-border transmission capacity

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

    As part of plans for preparations for the start of commercial and market operations, Joint Allocation Office (JAO) has been appointed as the provider for auctioning cross-border transmission capacity for the NeuConnect high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany. With converter stations on the Isle […]

  • TechnipFMC scores work on ExxonMobil’s seventh oil chapter in Guyana

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

    TechnipFMC has tucked under its belt a new multimillion-dollar subsea assignment, which will enable it to help ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, to bring to life an offshore oil project in Guyana’s Stabroek block.

  • ‘World’s largest’ jack-up starts first decom with Perenco post refurbishment

    15 September 2025
    Business Developments & Projects

    A heavy lift jack-up vessel owned by the Netherlands-based decommissioning services specialist Petrodec has started decommissioning work with the UK subsidiary of Anglo-French oil and gas player Perenco in the Southern North Sea (SNS).

  • High-impact offshore block duo helping unlock Southeast Asia’s deepwater gas potential

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

    UK-based and AIM-listed Sunda Energy, formerly Baron Oil, has expanded its offshore footprint by securing a non-operated stake in two offshore petroleum blocks in the Sulu Sea, as part of license awards that are a direct result of the joint applications submitted by the bid group composed of Triangle Energy, Sunda Energy, PXP Energy Corporation, and Philodrill Corporation.

  • ELIRE Infra and partners secure UK funding for hydrogen floating power hubs to decarbonize ports

    8 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Regulation & Policy, Research & Development, Transition

    ELIRE Infra, part of the UK’s ELIRE Group, and its consortium partners have secured £1 million (around €1.152 million) in UK Government funding to develop hydrogen floating power hubs aimed at decarbonizing port operations and supporting the UK’s transition to net zero.

  • Prosafe’s 2015-built vessel getting ready for its Australian job

    22 September 2025
    Business & Finance, Business Developments & Projects, Vessels

    Prosafe, an Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator, has provided insight into the recent activities of its fleet, confirming the start of preparations for work that one of its units will begin in Australia next quarter.

  • ITM Power and RWE expand collaboration through new 150 MW electrolyzer deal

    22 September 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Technology

    UK’s electrolyzer manufacturer ITM Power has entered into a capacity reservation agreement with German energy company RWE for 150 MW of NEPTUNE V units.

  • Shell and Equinor take ‘key step’ to set up their UK North Sea JV with CEO appointment

    8 September 2025
    Business & Finance, Business Developments & Projects, Human Capital

    As Adura, an incorporated joint venture (IJV) of the UK’s Shell and Norway’s Equinor, continues making progress in securing regulatory approvals, the two energy heavyweights have unveiled the name of the JV’s chosen Chief Executive Officer (CEO).

  • Tullow offloads assets in Kenya after Gabon divestment, adding millions to its balance sheet

    25 September 2025
    Business & Finance, Business Developments & Projects

    UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has wrapped up the sale of its portfolio in Kenya just months after disposing of its non-core assets in Gabon. These two divestments are expected to generate multimillion-dollar cash proceeds, strengthening the firm’s balance sheet in 2025.

  • Equinor cleared to drill Norwegian Sea wildcat with COSL rig

    11 September 2025
    Business Developments & Projects, Exploration & Production

    The Norwegian state-owned energy giant Equinor has obtained the drilling permit for a wellbore in the Norwegian Sea.

  • UK: Three partners to delve into the potential of ammonia in maritime decarbonization

    5 September 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    Scottish Port of Cromarty Firth, Brunel University of London, and UK environmental and engineering consultancy Ricardo have joined forces to launch a feasibility study that aims to understand how ammonia could support the decarbonization of the maritime sector and a concept for a next-generation ammonia combustion engine.

  • All eyes on London as maritime industry readies to adopt first global carbon pricing scheme

    10 October 2025
    Regulation & Policy, Rules & Regulation

    Despite being far from perfect, the world’s first global carbon pricing scheme on any international polluter—global shipping— is expected to be adopted next week.

  • Tampnet secures roam-free mobile coverage for North Sea assets

    23 September 2025
    Business Developments & Projects, Technology

    Tampnet, a Norway-headquartered provider of offshore high-capacity and low-latency connectivity services, has signed a mobile-sharing agreement with Dutch mobile phone company ODIDO Netherlands covering assets in the North Sea.

  • ONE’s ammonia/methanol fleet enriched with latest 13,900 TEU containership built in Japan

    22 September 2025
    Business Developments & Projects, Vessels

    Japan’s Imabari Shipbuilding, considered one of the largest vessel construction players in the country, has sent off a future-proof 13,932 TEU containership to Singapore-based maritime transport major Ocean Network Express (ONE). As informed, the 140,233 GT unit, which was constructed at Imabari’s Marugame headquarters, was delivered to ONE on September 19. The newbuild, named One […]