10000 results found for 'UK'

10000 results found for 'UK'
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  • UK firm’s Southeast Asia drilling ops get bumped to next year

    16 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based and AIM-listed Sunda Energy, formerly Baron Oil, has confirmed a delay for its drilling campaign on a gas field off the coast of Timor-Leste.

  • Drop in UK oil & gas players’ profits prompts calls for tax changes to amplify investments

    2 June 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Offshore Energies UK (OEUK), has urged the government to take action on the energy profits levy (EPL), known as the windfall tax on oil and gas profits, by next year to put all ingredients in place to secure jobs, energy security enhancement, and the build-out of the energy infrastructure for the future.

  • Leonardo da Vinci continues installing cables at first UK-Germany energy link

    18 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Prysmian’s Leonardo da Vinci, said to be the world’s largest cable laying vessel (CLV), has begun the second phase of cable laying in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany. Prysmian completed the first phase of cabling works in UK waters in […]

  • DNV to help realize UK’s carbon capture and storage projects with quality assurance

    12 August 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Storage, Transition, Vision

    Independent assurance and risk management provider DNV Inspection has secured three-year contracts to provide quality assurance for two of the UK’s first carbon capture and storage (CCS) projects. DNV is set to deliver site inspection, quality assurance and quality control services for Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP), both […]

  • EnergyPathways to deploy Hazer’s hydrogen technology in its huge UK energy storage project

    15 July 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Storage, Technology, Transition, Vision

    EnergyPathways has entered a memorandum of understanding (MoU) with Hazer to use its proprietary hydrogen production technology to develop a clean hydrogen facility that will expand the company’s MESH integrated energy storage project.

  • Serica splashes hundreds of millions on BP’s stake in UK’s largest producing gas field

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

    UK-based upstream oil and gas player Serica Energy is expanding its North Sea footprint by setting the wheels in motion to acquire the entire interest the UK-headquartered energy giant BP holds in a natural gas field, which is considered the biggest producing gas asset on the UK Continental Shelf (UKCS).

  • 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 subsea technology and services firm appoints new CEO after a decade

    19 August 2025
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy, Vision

    UK-based subsea technology and services company SMD has appointed a new chief executive officer (CEO), after the previous one spent a decade in the role. The new CEO, Kenny Liu, is succeeding Julian Zhu, who led the establishment of SMD’s innovation division and oversaw the expansion of UK facilities. “It’s been a pleasure to serve […]

  • UK’s marine energy roadmap effort enters second phase

    29 October 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy, Research & Development, Rules & Regulation, Vision

    The Marine Energy Taskforce (MET), a 12-month initiative commissioned by the UK Department for Energy Security and Net Zero (DESNZ), has entered its second phase following a meeting in Cardiff. Launched in June by UK Energy Minister Michael Shanks, the MET is tasked with developing recommendations and a roadmap to unlock the UK’s tidal stream […]

  • Survey results spotlight need for oil & gas windfall tax reform, OUEK says

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

    Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has disclosed the results of its survey, which indicate that the Energy Profits Levy (EPL) needs to be tweaked from next year to unlock investments in the offshore energy arena.

  • UK firm secures almost $5M for Morlais tidal energy demonstrator build

    15 July 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Infrastructure, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology

    UK-based Inyanga Marine Energy Group has raised £3.7 million (approximately $5 million) in fresh investment to support the build of a tidal energy demonstrator for the Morlais project in Wales.  According to Inyanga, the funding round includes backing from the British Business Bank via The FSE Group, Welsh Ministers through Local Partnerships, and several business […]

  • 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).

  • No strike on TotalEnergies’ UK platforms as trade union works out pay deal

    23 June 2025
    Business Developments & Projects, Human Capital, Regulation & Policy

    Offshore workers employed on two North Sea platforms operated by the UK subsidiary of French oil and gas giant TotalEnergies have backed a new pay deal negotiated by the UK’s trade union Unite.

  • Name unveiled for Shell–Equinor JV set to dominate UK North Sea production

    27 June 2025
    Business Developments & Projects

    Two energy majors, the UK’s Shell and Norway’s Equinor, have revealed the name of their joint venture that is set to become the UK North Sea’s largest independent oil and gas producer.

  • More time for UK operator to breathe life into two North Sea oil discoveries

    18 June 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Orcadian Energy has received a license extension, which enables it to pursue the development of two oil discoveries in the North Sea that are planned to be developed in tandem using a pair of wellhead platforms tied back to a floating production, storage, and offloading (FPSO) vessel envisioned to be deployed at another project under development on the UK Continental Shelf (UKCS).

  • 50% oil & gas North Sea boost on the UK’s table with cost savings and net zero within reach

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

    With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence group, has pointed out that such a decision could reshape Britain’s energy future for decades. WoodMac also claims the UK could boost North Sea production by 50% while staying within net-zero targets.

  • UK’s fourth subsea electricity superhighway to sport Siemens Energy converter stations

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

    Siemens Energy has been appointed as the preferred bidder for the delivery of two high-voltage direct current (HVDC) converter stations for the fourth out of five subsea electricity superhighways between Scotland and England. This news for the Eastern Green Link 4 (EGL4) project comes as National Grid and SP Energy Networks signed a joint venture […]

  • Emirati subsea company further bolsters fleet with two UK-made ROVs

    25 June 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Technology

    Shortly following the addition of a new Saab remotely operated vehicle (ROV) to its fleet, the UAE-based CCC (Underwater Engineering) has contracted the UK’s Forum Energy Technologies (FET) for the delivery of two work-class ROVs. The FET Perry XLX-C 3,000-meter systems will be used for construction, drill support, pipeline and platform inspection, survey, salvage and […]

  • Low-emission ammonia engine project clinches UK gov’t support under CMDC6

    6 August 2025
    Business Developments & Projects, Collaboration, Innovation, Project & Tenders, Technology, Transition

    A future low-emission ammonia marine engine project, led by the UK-based engine technology player Carnot and joined by MOL (Europe Africa), an arm of Japan’s shipping titan Mitsui O.S.K. Lines (MOL), has been selected winner in the Clean Maritime Demonstration Competition Round 6 (CMDC6). According to the Tokyo-based maritime transportation company, the project is led […]

  • UK fund makes first investment in CO2 project to drive industrial renewal

    7 July 2025
    Business Developments & Projects, Carbon Capture Usage & Storage

    The National Wealth Fund (NWF), the UK’s sovereign wealth fund, intends to make a multi-million equity investment in the development that will store CO2 emissions in the East Irish Sea.

  • UK firm set on quadrupling gas and hydrogen energy storage capacity with new license push

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

    With energy storage capacity growth in mind, EnergyPathways, the England-based energy transition-focused player, is moving forward with its expansion aspirations by pursuing new storage license applications for its proposed large-scale offshore wind-powered energy storage project in the East Irish Sea.

  • UK underwater market hits £9.4 billion: Project delays place offshore energy supply chain at risk

    26 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    Global Underwater Hub (GUH), the trade and development body representing the UK’s multibillion-dollar subsea sector, has undertaken a new study for the nation’s underwater sectors, which emphasizes that frequent delays to offshore energy and infrastructure projects threaten the viability of Great Britain’s supply chain.

  • Cable laying about to resume at 725-kilometer link to connect UK and Germay for the first time

    3 July 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Italian cabling giant Prysmian Group will soon kick off the second phase of cabling works in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany. The 725-kilometer land and subsea cable system is said to create an “invisible energy highway” capable of transferring 1.4 […]

  • UK firm lands work on Britain’s huge gas and hydrogen energy storage project

    9 June 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Project & Tenders, Transition

    EnergyPathways has picked the UK’s Zenith Energy as a contractor for its proposed large-scale offshore wind-powered energy storage project in the East Irish Sea, which is scheduled to cross off a final investment decision (FID) from its list later this year.

  • UK-US partnership sets its cap on enhancing oilfield market offerings

    11 June 2025
    Business & Finance, Business Developments & Projects, Collaboration

    Odfjell Technology (OLT) and Oilfield Service Professionals (OSP) have forged a bond to advance operational performance, efficiency, and innovation across international oilfield markets.