10000 results found for 'UK'

10000 results found for 'UK'
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  • Busy times ahead for Prosafe with one vessel ongoing reactivation as another preps for relocation

    24 March 2025
    Business & Finance, Business Developments & Projects, Vessels

    Prosafe has shed more light on the recent activities of its fleet, confirming the sale of one vessel, the start of reactivation operations for another, and preparations for the move to Australia for the third while the rest of its ships keep working on their current assignments and one continues to be laid up.

  • TUI picks Fincantieri for Marella Cruises’ first-ever newbuilds

    1 April 2025
    Infrastructure, Vessels

    German cruise company TUI AG has signed a memorandum of agreement (MoA) with Italian shipbuilder Fincantieri for the design and construction of two new eco-friendly cruise ships for the Marella Cruises brand.

  • Pollution ‘no cause for concern’ after oil tanker-cargo ship North Sea allision, UK says

    17 March 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Vessels

    Following a collision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea, the UK’s Maritime and Coastguard Agency has maintained that it does not foresee a damaging pollution effect from the tanker.

  • BP’s fourth subsea gas project is a go as new discovery springs up in Trinidad and Tobago

    2 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    BP Trinidad and Tobago (bpTT), a subsidiary of the UK-based energy giant BP, has found more gas and taken a final investment decision (FID) for a natural gas project off Trinidad’s southeast coast.

  • South Korean cable maker gains access to £21.3B in projects through deal with UK’s National Grid

    17 March 2025
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Vision

    South Korean Taihan Cable & Solution has signed a framework agreement with UK power transmission and distribution company National Grid UK for high-voltage direct current (HVDC) cable systems, securing participation opportunities in projects valued at approximately £21.3 billion over up to eight years. National Grid pursued framework agreements in HVDC cable systems and converter stations […]

  • Hellenic Cables, Jan De Nul ink deal with UK National Grid for future HVDC cable projects

    17 March 2025
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    After South Korean Taihan Cable & Solution, a consortium of Hellenic Cables and Jan De Nul has signed a framework agreement with National Grid becoming the appointed contractors eligible to participate in future HVDC cable projects across the UK and Europe. The agreement enables the consortium to participate in upcoming tenders for call-off projects for […]

  • MODEC gets its hands on 20-year FPSO job with Shell for Brazilian oil & gas development

    25 March 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Shell has handed out a multi-year operations and maintenance contract to Japan’s MODEC for a floating production, storage, and offloading (FPSO) vessel destined to work on this project in Brazilian waters.

  • UK player revamps safety solution for offshore platform red zones

    13 March 2025
    Business Developments & Projects, Technology

    Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has launched a second-generation monitoring device aimed at improving safety during pipe handling on offshore drilling platforms.

  • Scottish firm’s tidal energy converter secures Lloyd Register’s feasibility statement

    1 April 2025
    Business Developments & Projects, Certification & Classification, Project & Tenders, Regulation & Policy, Research & Development

    Marine classification society Lloyd’s Register (LR) has awarded Scotland-based renewable energy company Orbital Marine Power an International Electrotechnical Commission for Renewable Energy (IECRE) feasibility statement for its O2-X tidal energy converter (TEC). According to LR, the O2-X, an upgrade of Orbital Marine Power’s O2 turbine currently operating in Scotland’s Fall of Warness, is designed to […]

  • K Line renames UK subsidiary to bolster energy transition efforts

    13 March 2025
    Business Developments & Projects, Outlook & Strategy, Transition

    Japan’s shipping company Kawasaki Kisen Kaisha (K Line) has decided to change the name of its London-based wholly-owned subsidiary K Line LNG Shipping (UK) Limited in a bid to strengthen its energy transition endeavors in Europe. According to the company, its British branch is set to go under the name of K Line Energy Shipping […]

  • Keppel buys UK subsea cable solutions provider

    11 March 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Vision

    Keppel Infrastructure Fund (KIF) and its co-investor have acquired a 100% stake in subsea cable solutions provider Global Marine Group (GMG) from investment affiliates of J.F. Lehman & Company, marking the fund’s first investment. The UK-headquartered GMG operates a fleet of six vessels and offers consultancy, installation and maintenance services covering the lifespan of a submarine […]

  • Shell picks McDermott to provide ‘full suite of offerings’ for its portfolio

    26 March 2025
    Business Developments & Projects, Project & Tenders

    U.S. offshore engineering and construction player McDermott has secured an enterprise framework agreement (EFA) with the UK-headquartered energy giant Shell for engineering and procurement services and integrated project management team services (IPMT).

  • Port of Tyne invests in UK’s first fully electric foiling pilot vessel

    12 March 2025
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Vessels

    UK’s Port of Tyne has purchased the country’s first fully electric foiling pilot vessel in line with the Government’s Maritime 2050 strategy, reinforcing the port’s “commitment to innovation, sustainability, and a cleaner future for the maritime sector”.

  • Valaris rig gearing up for ‘main activity’ in Jadestone’s 2025 drilling program

    31 March 2025
    Business Developments & Projects, Exploration & Production

    A jack-up rig owned by offshore drilling contractor Valaris has arrived in Australia to start working on a drilling campaign for the Singapore-headquartered oil and gas player Jadestone Energy.

  • CMAL picks builder of seven new electric ferries under fleet modernization plan

    18 March 2025
    Business Developments & Projects, Project & Tenders, Vessels

    Scotland’s state-owned Caledonian Maritime Assets Limited (CMAL) has officially handpicked the shipbuilder that will construct seven new Loch-class electric ferries envisioned under its “Small Vessel Replacement Program (SVRP)” aimed at slashing emissions and improving connectivity. As disclosed, CMAL has decided to award the contract to Remontowa Shipbuilding, the headquarters of which are in Gdansk, Poland. […]

  • ‘World’s first’ hydrogen shore power demo presented at Port of Leith

    14 March 2025
    Business Developments & Projects, Green Marine, Infrastructure, Innovation, Ports & Logistics, Research & Development, Technology

    A Scottish consortium has showcased the “world’s first” green hydrogen shore demonstration project at the Port of Leith.

  • Enshore Subsea wins cable installation gig for one of Scotland’s largest offshore wind projects

    19 March 2025
    Business & Finance, Business Developments & Projects, Operations & Maintenance, Project & Tenders

    UK-headquartered Enshore Subsea has secured an export cable installation contract for one of Scotland’s largest offshore wind projects, the 1.1 GW Inch Cape. The Inch Cape offshore wind farm will feature two 85-kilometer, 220 kV, three-phase export cables, each delivered in three sections and requiring offshore field joints. Under the contract, Enshore Subsea will be […]

  • Shell’s deepwater project offshore Brazil is a go with first Gato do Mato gas due in 2029

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

    Shell has taken a final investment decision (FID) for its deepwater development project in the pre-salt area of the Santos Basin off the coast of Brazil.

  • Delays in plug & abandonment work may put $5.5 billion on UK decom tab

    11 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.

  • Twelve partners to demonstrate full DC grid concept on real vessel

    31 March 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy

    The UK’s University of Birmingham scientists are joining experts from across Europe in a €10.2 million project to create a working prototype ship powered by full direct current (DC) electrical systems.

  • Global OTEC unveils ‘largest onshore’ OTEC pilot to date

    26 March 2025
    Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Technology, Vision

    UK-based Global OTEC is advancing ocean thermal energy with its first onshore pilot of the OTEC Power Module, a compact system designed to generate continuous, clean electricity from ocean temperature gradients. The onshore demonstration will tap into existing deep seawater intake sites, using the temperature difference between warm surface water and cold deep ocean water […]

  • BP rakes in $1 billion from sale of partial stake in pipeline carrying gas from field off Azerbaijan

    21 March 2025
    Business & Finance, Business Developments & Projects

    BP has struck a deal with Apollo-managed funds to divest a minor non-controlling stake in BP Pipelines (TANAP), the firm’s subsidiary that holds its 12% interest in owner and operator of the pipeline that carries natural gas from a giant offshore field in Azerbaijan across Türkiye.

  • UK oil & gas duo mulling over potential merger

    7 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Serica Energy and EnQuest have taken steps to engage in talks over a potential business combination that has the opportunity to create a bigger combined company with a total market capitalization of nearly $1 billion.

  • UN carbon levy talks: Now is the time to show solidarity with climate vulnerable countries

    2 April 2025
    Regulation & Policy, Rules & Regulation

    A global carbon price on shipping—the world’s ‘first’ global carbon pricing on any sector—is being negotiated as part of measures to deliver the International Maritime Organization’s (IMO) climate commitment: an equitable transition to zero-emissions by 2050.

  • Duo in talks to boost stake in two blocks offshore Angola

    18 March 2025
    Business & Finance, Business Developments & Projects

    Afentra has acknowledged the growing media speculating over its alleged attempt to up its stake in two Angolan offshore blocks by confirming its participation in discussions, together with one of its joint venture (JV) partners, to buy the stake of another JV partner.