10000 results found for 'UK'

10000 results found for 'UK'
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  • BP and ADNOC’s JV pouring $500 million to bring Egyptian gas project to life

    3 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Arcius Energy, an affiliate of the UK-headquartered BP and the UAE-based ADNOC’s XRG, has made a final investment decision (FID) for a natural gas field off the coast of Egypt.

  • Shell offloads stakes in certain US Gulf deepwater oil assets for $1.7 billion

    1 July 2026
    Business & Finance, Business Developments & Projects

    Shell Offshore, a subsidiary of the UK-headquartered energy giant Shell, has struck deals to divest a non-operated working interest in certain oil assets in the Gulf of America (U.S. Gulf of Mexico).

  • Fresh gas discovery unveiled as Eni and BP drill offshore well from onshore

    6 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italy’s energy giant Eni and its partner, UK-headquartered BP, have used advanced directional drilling technologies to spud an offshore well from onshore, which led to a new natural gas discovery off the coast of Egypt.

  • Panoro buying Kosmos Energy’s production assets off Equatorial Guinea for up to $219.5M

    25 February 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    U.S.-headquartered oil and gas exploration and production company Kosmos Energy has agreed to sell its 40.375% non-operating working interest in production assets offshore Equatorial Guinea to UK-headquartered independent E&P company Panoro Energy for up to $219.5 million. Panoro Energy is set to acquire Kosmos Energy‘s subsidiary that owns an interest in Block G where the Ceiba field […]

  • Petrobras widens its oil & gas footprint in Brazil’s Campos Basin

    28 April 2026
    Business & Finance, Business Developments & Projects

    Brazilian state-owned oil and gas giant Petrobras has taken steps to become the sole owner of a portion of the ring-fence of a field in BC-10 Concession in the Campos Basin, currently held by Shell Brasil Petróleo, a subsidiary of UK-headquartered Shell, ONGC Campos, a Brazilian arm of India’s energy giant ONGC, and Enauta Petróleo e Gás, an affiliate of Brazil’s Brava Energia.

  • New Wave Offshore Energy gets mission-critical oversight job on Shell’s Brazilian oil & gas project

    11 May 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    New Wave Offshore Energy, Texas-headquartered marine consultants, has been tasked with a marine warranty services (MWS) assignment for an oil and gas deepwater development off the coast of Brazil, which is operated by Shell Brasil Petróleo (Shell Brasil), a subsidiary of the UK-headquartered energy giant Shell.

  • Hydrogen-fuelled shipping takes step forward as BeHydro’s engine gets go-ahead

    18 June 2026
    Business & Finance, Business Developments & Projects, Certification & Classification, Regulation & Policy, Transition, Vessels

    UK-based classification society Lloyd’s Register (LR) has given its stamp of approval for a 100% hydrogen-fuelled, spark-ignited marine engine developed by BeHydro, a joint venture between CMB.TECH and Anglo Belgian Corporation (ABC) Engines, focusing on hydrogen-powered internal combustion engines.

  • Chinese company launches second vessel designed to transport 25 MW wind turbine components

    20 April 2026
    Vessels

    Dajin Heavy Industry has launched King Two, its second self-built heavy deck carrier that can transport components for offshore wind turbines of up to 25 MW, at its Panjin shipbuilding facility. The company’s first vessel of this type, King One, was launched in October 2025 and has already completed its maiden voyage as it shipped monopiles […]

  • Port of Immingham becomes home to UK’s first commercial biomethanol bunkering service

    11 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Innovation, Outlook & Strategy, Ports & Logistics, Project & Tenders, Transition, Vessels, Vision

    The UK’s first commercially ready bio-methanol storage and supply service for shipping has been launched at the Port of Immingham, the largest port by cargo volume in the UK, as part of efforts to advance decarbonization in maritime transport. The three-partite partnership of Exolum, Methanex Corporation and Ørsted is behind the initiative to provide marine bunkering services for bio-methanol. “This initiative marks a significant milestone for the Port […]

  • New Asian oil & gas explorer emerges from Triangle Energy’s spin out move

    17 March 2026
    Business & Finance, Business Developments & Projects

    Western Australia-headquartered and ASX-listed oil producer and explorer Triangle Energy has decided to restructure its portfolio by carving out its assets in the Philippines to give birth to a new Asian-focussed oil and gas explorer through the proposed new ASX-listed Tetragon Energy.

  • Another ‘major’ North Sea decom job comes AF Offshore’s way

    13 February 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been hired on a new decommissioning project on the UK Continental Shelf (UKCS) by Ithaca Energy, a North Sea oil and gas operator and producer.

  • ‘UK’s largest-ever’ electricity transmission project in major construction phase

    15 July 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Eastern Green Link 2 (EGL2), a subsea link said to be the UK’s largest-ever electricity transmission project and the longest high-voltage direct current (HVDC) cable in the country, has entered the major construction phase, with detailed marine engineering surveys progressing along the offshore cable lay route and the geotechnical survey completed. Developed by a joint […]

  • Four tidal energy projects secure contracts in UK’s record CfD auction

    10 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The UK government has awarded a record 14.7 GW of renewable energy capacity in the Contracts for Difference (CfD) Allocation Round 7 (AR7), its largest CfD round ever in capacity, with tidal stream securing 20.9 MW across four projects. On January 14, the UK government announced the award of 8.4 GW of offshore wind capacity in the […]

  • First jacket for BP’s $7 billion gas and CCUS project reaches its destination

    23 July 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Equipment, Exploration & Production

    BP, a UK-headquartered energy giant, has tucked a new milestone under its belt with the arrival of the first jacket at the installation site in Indonesia out of four offshore pieces undergoing construction for a project featuring enhanced gas recovery (EGR) through carbon capture, utilization, and storage (CCUS).

  • MODEC’s Brazil-bound FPSO hull on its way to China for integration work

    2 July 2026
    Business & Finance, Business Developments & Projects

    Japan’s MODEC has tucked a construction milestone under its belt for a floating production, storage, and offloading (FPSO) vessel, with the completion of the forward hull section, which left Japan and is en route to China, where it will be integrated with the aft hull section. Once all the pieces of the FPSO are in place, the vessel will be deployed at a field offshore Brazil, operated by the Brazilian subsidiary of the UK-headquartered energy giant Shell.

  • Eni and BlackRock’s GIP score over $670 million financing boost to fuel CCS growth

    22 May 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Transition

    Eni CCUS Holding, a strategic partnership between Italy’s energy giant Eni and Global Infrastructure Partners (GIP), a part of BlackRock, has expanded its financing sources to strengthen its carbon capture and storage (CCS) project platform.

  • Føn Energy Services mobilizes for subsea, above-water inspections in ‘busiest season to date’

    13 May 2026
    Business & Finance, Business Developments & Projects, Operations & Maintenance

    Føn Energy Services has launched what it says will be its busiest offshore wind season to date, with inspection and repair campaigns underway across 14 offshore wind farms in the Netherlands, Scotland, Germany and Poland. The company has mobilized technicians, vessels, diving teams, remotely operated vehicle (ROV) spreads, and survey equipment to support above- and below-water […]

  • Mitsui greenlights $40 million investment in Port of Nigg

    30 March 2026
    Business & Finance, Infrastructure, Ports & Logistics

    An investment of over GBP 30 million (around $40 million) in new facilities that will support offshore wind construction at the Port of Nigg in Scotland has received final approval by Maraen, a new integrated energy infrastructure brand launched by Mitsui & Co. Europe and Mitsui O.S.K. Lines (MOL), which acquired Port of Nigg, Global […]

  • $1.1 billion in pre-investment contracts awarded for Mozambique’s LNG project

    20 August 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    ExxonMobil has, on behalf of its partners, awarded $1.1 billion in pre-investment contracts for the engineering, procurement and manufacturing of subsea production systems, large-bore production valves and offshore line pipe for a liquefied natural gas (LNG) development in Mozambique. ExxonMobil Moçambique awarded the contracts on behalf of the Area 4 co-venturers Empresa Nacional de Hidrocarbonetos […]

  • Kosmos Energy trims oil & gas portfolio with sale of assets off Equatorial Guinea

    17 June 2026
    Business & Finance, Business Developments & Projects

    U.S.-headquartered oil and gas exploration and production company Kosmos Energy has wrapped up the divestment of its non-operating working interest in production assets off the coast of Equatorial Guinea to the UK-headquartered independent E&P company Panoro Energy.

  • BP entrusts Emerson with automation job on Caspian Sea gas project

    11 August 2026
    Automation, Business & Finance, Business Developments & Projects, Project & Tenders, Transition

    UK-headquartered energy giant BP has tasked Emerson with the provision of automation and control systems for an unmanned offshore platform that will be part of the next development phase of a giant natural gas field in the Caspian Sea, described as one of the world’s largest gas-condensate fields and the company’s largest gas discovery.

  • Lloyd’s Register assists with LNG carrier-to-FSU conversion for African gas project

    19 August 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    UK-based classification society Lloyd’s Register (LR) is supporting the life extension of a liquefied natural gas (LNG) carrier (LNGC) being repurposed into a floating storage unit (FSU), helping lay the groundwork for Gabon’s emerging floating gas infrastructure and a wider push to unlock Africa’s offshore gas potential.

  • Anemoi and COSCO Shipping Heavy Industry renew wind propulsion collaboration

    20 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Green Marine, Outlook & Strategy, Technology, Transition, Vessels, Vision

    UK-based wind-assisted propulsion provider Anemoi Marine Technologies has renewed its framework agreement with Chinese COSCO Shipping Heavy Industry (CHI) for the provision of comprehensive wind propulsion installation services across CHI subsidiary shipyards. The partners have completed the installation of nine rotor sails at CHI subsidiary shipyards since they entered into a cooperation agreement in 2022. […]

  • Shell loses five-year legal fight as South Africa’s court sets aside Wild Coast exploration permit

    14 August 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    UK-headquartered energy giant Shell has hit a dead end in its plans for oil and gas exploration off South Africa’s Wild Coast, after the Constitutional Court overturned a Supreme Court of Appeal (SCA) order that had kept the project alive, delivering a major victory for environmental groups and local communities.

  • Gulf LNG export woes push gas prices up but diversification becomes Europe’s energy lifeline

    4 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    Given the supply shock that hit the global liquefied natural gas (LNG) markets as a result of the Middle East conflict, Wood Mackenzie, an energy intelligence group, has pointed out that this disruption, which led to a gas price surge, failed to rattle Europe thanks to its investment in diversified fuels that acted as a shield, insulating it from the Gulf LNG export pause.