10000 results found for 'UK'

10000 results found for 'UK'
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  • 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).

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Van Oord wraps up inter-array cable installation at UK’s Sofia offshore wind farm

    9 September 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Vessels

    Van Oord has completed the installation of 109 inter-array cables, which marks the conclusion of its full scope of work on the 1.4 GW Sofia offshore wind farm in the UK. Approximately 360 kilometers of inter-array cables have been installed and tested, connecting the wind farms’ 100 14 MW turbines to the project’s offshore converter […]

  • 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 […]

  • 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.

  • Equinor renews Wood’s contract for UK oilfield support services

    2 September 2025
    Business Developments & Projects, Project & Tenders

    UK engineering and consulting company Wood has secured a contract extension to provide operations, maintenance, modifications, and support services (OMMS) on the assets located on the UK Continental Shelf (UKCS) operated by the Norwegian state-owned energy giant Equinor.

  • Sperry Marine solutions picked for Samskip’s hydrogen-powered boxship duo

    22 September 2025
    Automation, Infrastructure, IT & Software, Vessels

    The UK-based specialist in navigation solutions for seagoing vessels Sperry Marine, part of Northrop Grumman, has been selected to supply the complete integrated bridge systems for two hydrogen-powered containerships under construction for Dutch logistics solutions provider Samskip.

  • 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.

  • Repairs ongoing as North Sea FPSO’s production levels drop

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

    Serica Energy has revealed a downturn in production volumes from a floating production, storage, and offloading (FPSO) vessel, which is deployed at its North Sea asset on the UK Continental Shelf (UKCS). Things are expected to improve by month-end once the unit’s repairs are out of the way.

  • UK-Dutch interconnector in limbo after developer requests and gets license revocation 

    3 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Certification & Classification, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition, Vision

    UK energy market regulator Ofgem has revoked the license for a planned UK-Netherlands electricity interconnector in response to the developer’s request, submitted after not securing a cap and floor license. A gas interconnector license was granted to NU-Link Interconnector UK Ltd in February 2023, authorizing it to participate in the operation of the namesake interconnector […]

  • 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 […]

  • BP’s dash for gas: Five-well drilling campaign on Mediterranean’s horizon

    9 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    BP has taken steps to expand its natural gas arsenal in the Mediterranean Sea by striking a deal with Egypt for a multi-well drilling campaign, which is expected to yield new finds that will prolong the lifespan of existing production facilities in the West Nile Delta.

  • Isle of Man becomes first flag state to join methane abatement initiative

    16 September 2025
    Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Safety, Technology, Transition

    The Isle of Man Ship Registry (IOMSR) has become the first flag state to join the Methane Abatement in Maritime Innovation Initiative (MAMII), a cross-sectoral effort aimed at eliminating methane emissions in shipping.

  • Proposed North Sea oil project makes progress but UK urged to mend its fiscal ways

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

    Given the need to secure future investments in domestic energy, the UK is being asked to change its current fiscal and regulatory regime related to its oil and gas policy, as NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), take steps to move forward with a proposed oil redevelopment project in the North Sea.

  • Wah Kwong NatPower JV, SPG join forces on shore power, ship charging projects

    16 September 2025
    Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    Wah Kwong NatPower Holdings Limited (WK NatPower), a new joint venture between Hong Kong-based shipowner Wah Kwong and the UK-based clean energy enabler NatPower Marine, and Shandong Port Group (SPG), a Chinese state-owned port company, have signed a strategic memorandum of understanding (MOU) to develop large-scale shore power and ship charging projects.

  • Noble’s stacked rig finds new home in Vietnam

    16 September 2025
    Business Developments & Projects

    Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has acquired a rig from an affiliate of offshore drilling contractor Noble Corporation.

  • Consortium including Chevron, ExxonMobil, BP to evaluate OTEC for deepwater ops

    15 September 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Exploration & Production, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology

    UK-based Global OTEC has been selected to take part in a new research project under the DeepStar program, an international consortium focused on offshore technology innovation.  According to Global OTEC, the project will examine the potential of ocean thermal energy conversion (OTEC) to supply baseload renewable energy for deepwater oil and gas operations. DeepStar is […]

  • LR forges alliance with H2C to propel maritime decarbonization

    16 September 2025
    Business Developments & Projects, Certification & Classification, Collaboration, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    UK-based classification society Lloyd’s Register (LR) has formed a strategic partnership with H2C, the global attribute market platform for low-carbon fuels, to speed up maritime fuel switching.

  • BP puts Gate Energy on commissioning duty for its deepwater FPU

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

    BP Exploration & Production, a subsidiary of the UK-based energy heavyweight BP, has picked Gate Energy, a Houston-based engineering, commissioning, and field services player, to handle the commissioning scope of its semi-submersible floating production unit (FPU) destined for a deepwater project in the Gulf of America (U.S. Gulf of Mexico).

  • Seatrium vows arbitration battle as court clears path for $126.6 million rig contract payout

    15 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    A subsidiary of the Singapore-headquartered Seatrium has opted to continue its arbitration fight, following a court ruling which dismissed its appeal to halt a multimillion-dollar payment in a legal rig contract dispute. The Asian giant had previously assumed certain potential claims related to a rig contract, where the original contract value was adjusted for cost […]