10000 results found for 'UK'

10000 results found for 'UK'
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  • IKM Testing gets €26M in new contracts, appoints regional director

    31 July 2025
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy, Project & Tenders, Vision

    IKM Testing UK, a company within the IKM Group, has appointed Barry Summers as its new Regional Director, following the retirement of Mark Rasmusen. The move comes as the company reports £23 million (approximately €26,5 million) in new contract awards during the first half of 2025, just 14% short of its full-year turnover in 2024. […]

  • Shell shakes hands with Shape Digital, MODEC, and Unicamp to boost offshore unit safety

    18 August 2025
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Safety, Technology, Transition

    Shell Brasil, a subsidiary of the UK-headquartered energy giant Shell, has joined forces with MODEC Brasil, an affiliate of Japan’s MODEC, Shape Digital, which is MODEC’s digital services spin-off, and Unicamp, to employ artificial intelligence to improve the safety performance of offshore units.

  • ‘One of largest’ UKCS producers born with NEO–Repsol merger

    30 July 2025
    Business Developments & Projects

    Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) has completed its strategic merger with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol.

  • BP confirms multimillion-dollar deals for gas field expansion and terminal electrification

    19 August 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    BP has corroborated the award of engineering and procurement support assignments to the SOCAR-KBR joint venture (JV), entailing KBR, a U.S.-headquartered science, technology, and engineering player, and Azerbaijan’s SOCAR.

  • UK chooses winners of Clean Maritime Demonstration Competition 6

    25 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy, Transition

    The UK government has allocated a £30 million (about €34.4 million) funding to decarbonize shipping and power up local economies.

  • Shelf Drilling fleet staying busy with new UK contract and Egypt extension

    28 July 2025
    Business Developments & Projects, Project & Tenders

    UAE-headquartered offshore drilling contractor Shelf Drilling has secured one new contract and one extension for two vessels from its fleet.

  • UK operator gets $200K fine for vent breaches at North Sea gas hub

    29 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    As Great Britain’s regulator, North Sea Transition Authority (NSTA), tightens the noose on excessive emissions of greenhouse gases by tackling flaring and venting activity, Chrysaor, which became part of Harbour Energy in 2021, has been fined £150,000 ($200,269.5) for vent breaches at its offshore platform in the North Sea on the UK Continental Shelf (UKCS).

  • Zodiac Maritime rings the welcome bell to new LNG dual-fuel PCTC built in China

    12 August 2025
    Business Developments & Projects, Vessels

    UK-based shipping company Zodiac Maritime has welcomed its latest 7,000 CEU dual-fuel pure car and truck carrier (PCTC) constructed by China’s Yantai CIMC Raffles Shipyard (CIMC Raffles). As disclosed, the vessel, which uses liquefied natural gas (LNG) as one of its primary fuels, was delivered last month following the completion of sea trials. The car […]

  • Morlais tidal energy project scales up as Cydnerth construction begins

    31 July 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Technology

    Construction has started on the Cydnerth infrastructure project in Holyhead to increase grid capacity for the Morlais tidal energy scheme from 18 MW to 240 MW, according to Menter Môn. Initial work at Parc Cybi involves laying underground cables to connect the Morlais substation at Ynys Lawd (South Stack) with the national grid. The £16 […]

  • Tullow finds ‘better than expected’ net pay at new well off Ghana

    6 August 2025
    Business Developments & Projects, Exploration & Production

    UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has brought onstream this year’s first well at its field offshore Ghana.

  • BP’s deepwater oil & gas find offshore Brazil ‘largest in 25 years’

    4 August 2025
    Business Developments & Projects, Exploration & Production

    The U.K.-headquartered oil and gas giant BP has made an oil and gas discovery at a prospect in Brazil’s Santos Basin.

  • UK firm gets full DNV type approval across entire subsea buoyancy material range

    29 July 2025
    Business Developments & Projects, Certification & Classification, Equipment, Exploration & Production, Project & Tenders, Regulation & Policy, Research & Development, Technology

    UK-based syntactic materials company Base Materials has become the first manufacturer of syntactic foam subsea buoyancy materials to achieve full DNV type approval across its entire Subtec range. The firm now holds type approval for all seven Subtec grades, following a testing program overseen by classification society DNV. The certification is said to apply to […]

  • Union Maritime clinches $130M financing for LNG, wind-assisted tanker duo

    30 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    UK shipping company Union Maritime has closed a $130 million delivery financing agreement for two newbuild long-range (LR2) tankers that will be fitted with LNG dual-fuel and wind-assisted propulsion solutions.

  • Subsea7 takes delivery of subsea control umbilical for Belinda project

    28 July 2025
    Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Outlook & Strategy, Project & Tenders, Technology

    UK-based manufacturer of subsea and power cables, JDR Cable Systems, part of TFKable Group, has completed the manufacture and load-out of a 7.4-kilometer subsea control umbilical, including subsea umbilical termination assemblies (SUTAs), for Subsea7 as part of the Serica Energy-operated Belinda project. According to JDR Cable Systems, the umbilical was produced at JDR’s facility in […]

  • New research project looking to minimize failure and repair costs of floating wind dynamic cables, mooring lines

    25 July 2025
    Research & Development

    A new project has been launched in the UK to improve the effectiveness of mooring lines and dynamic cables on floating offshore wind farms. Historically, mooring repair costs for oil production assets have exceeded GBP 400 million (approximately $542 million; €461 million) for a single incident, while cable failures have accounted for between 70% and […]

  • ‘Double-edged sword for marine energy sector’: UK releases Allocation Round 7 notices

    25 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Vision

    The UK’s Department for Energy Security and Net Zero has issued the statutory notices for Allocation Round 7 (AR7) and Allocation Round 7a (AR7a) on July 23, 2025, confirming changes to pricing and contract structure under the Contracts for Difference (CfD) scheme. For the first time, separate indicative timelines have been introduced to allow AR7 […]

  • ADES makes $380M takeover bid for Shelf Drilling

    5 August 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    A subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has signed an agreement with UAE-headquartered offshore drilling contractor Shelf Drilling to acquire the latter.

  • Global OTEC signs new Hawaii partnership

    5 August 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    UK-based Global OTEC has signed a memorandum of understanding (MoU) with Hawaii-based Makai Ocean Engineering to supply thin foil heat exchanger (TFHX) technology for its OTEC Power Module system. According to Global OTEC, Makai’s TFHX will be integrated into Global OTEC’s modular offshore unit, designed to generate baseload electricity in tropical regions using ocean thermal […]

  • Serica Energy brings UK firm with North Sea oil & gas assets into its fold

    22 July 2025
    Business & Finance, Business Developments & Projects

    UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of a compatriot player, Parkmead (E&P) Limited (PUK), from Parkmead Group, expanding its North Sea portfolio with two additional licenses on the UK Continental Shelf (UKCS).

  • BP, Equinor and TotalEnergies hire Halliburton for carbon capture and storage monitoring

    5 August 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Technology, Transition, Vision

    U.S.-headquartered oilfield services player Halliburton has secured a contract with the Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, to deliver completions and downhole monitoring services for the UK’s first offshore carbon capture and storage (CCS) project. Developed some 75 kilometers east of Flamborough Head, the NEP project will comprise an onshore CO2 gathering network, compression facilities […]

  • Energean and INA sanction €71M investment in Adriatic gas project

    31 July 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    UK-based oil and gas player Energean and Croatia’s national petroleum company Industrija nafte (INA) have taken a final investment decision (FID) for the development of a gas field offshore Croatia.

  • Siemens and Paragon join forces on novel hydrogen production technology

    30 July 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Siemens and Paragon Resources have entered a memorandum of understanding (MoU) to jointly scale production of hydrogen using a novel process that reportedly eliminates the need for fossil fuels or external electricity sources.

  • Billion-dollar rig jobs raise Valaris’ backlog to $4.7B

    25 July 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Valaris has won a new batch of rig assignments and extensions, enabling three drillships and three jack-ups to secure work in different geographies.

  • Golar secures FLNG charter as LNG momentum in Argentina builds

    7 August 2025
    Business & Finance, Business Developments & Projects

    Southern Energy S.A. (SESA), a joint venture created to enable liquefied natural gas (LNG) exports from Argentina, has reached a final investment decision for the charter of a floating LNG (FLNG) unit from the fleet of Bermuda-based Golar LNG.

  • SLB adds first UK offshore CO2 storage project to its to-do list

    22 July 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Technology, Transition, Vision

    Texax-headquartered energy technology company SLB has secured a contract to deliver carbon storage solutions for the UK’s first offshore carbon capture and storage (CCS) project, developed by a joint venture of BP, Equinor and TotalEnergies. For the Northern Endurance Partnership (NEP) project, SLB will deploy its Sequestri carbon storage solutions portfolio, said to include technologies […]