10000 results found for 'culzean'

10000 results found for 'culzean'
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  • $6.2-billion FID enables ADNOC, TotalEnergies, Eni, and CNPC to unleash more gas

    21 July 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), and its partners – France’s TotalEnergies, Italy’s Eni, and China National Petroleum Corporation (CNPC) – have unveiled a final investment decision (FID) for a development project in the Umm Shaif and Nasr offshore concession in the United Arab Emirates (UAE).

  • Trump’s EPA rolls back Biden‑era oil & gas rules, slashes $2.5 billion in costs

    7 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    The Trump administration’s U.S. Environmental Protection Agency (EPA) has estimated that it will enable $2.5 billion in compliance savings over 15 years by cutting the red tape and revising the Biden-Harris administration’s oil and natural gas regulations to curb gasoline and energy costs.

  • South Asia’s $107 billion LNG gamble facing finance and energy supply threats amid Middle East conflict

    20 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Safety

    With instability and vulnerabilities looming across global markets and power systems in the wake of the U.S. and Israeli attack on Iran, South Asia’s planned multibillion-dollar liquefied natural gas (LNG) infrastructure expansion is exposed to economic and energy security risks, according to Global Energy Monitor’s Asia Gas Tracker, a provider of comprehensive dataset of gas infrastructure across East Asia, South Asia, and Southeast Asia.

  • Consortium eyes next-gen AI-powered wave energy infrastructure

    8 June 2026
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, IT & Software, Technology, Transition

    Israel-headquartered developer Eco Wave Power is engaged in talks with Florida Atlantic University (FAU) and the University of Michigan to explore the development of artificial intelligence (AI)-driven wave energy applications, WaveGPT, and next-generation wave-powered coastal data center infrastructure designed to support the rapidly growing energy demands of AI.

  • Fresh oil discovery strengthens Angola’s hydrocarbon arsenal

    11 August 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Angola’s state-owned oil company Sonangol has found more offshore black gold, augmenting the African country’s oil reserves.  

  • UK’s offshore energy seeks North Sea oil & gas policy U-turn to unlock multi-billion investments

    20 July 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has emphasized the importance of a policy reset for the North Sea oil and gas arena for the UK government to secure billions in energy investments and curtail the nation’s dependence on imports.

  • EIB and Greek TSO agree on €1.9B financing for Dodecanese interconnection

    12 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    The European Investment Bank (EIB) and Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO) have signed a deal for €1.9 billion financing for the development of an interconnector that will eliminate the electrical isolation of the islands of Kos, Rhodes and Karpathos. The deal was signed on February 5 and will see the […]

  • Exmar takes on FLNG gig for $4B hydro-powered floating LNG project in Canada

    13 February 2026
    Business & Finance, Business Developments & Projects

    Belgian shipping company Exmar has landed an assignment for a floating liquefied natural gas (FLNG) unit destined for deployment in the traditional territory of the Haisla Nation, on Canada’s West Coast.

  • US program selects 34 marine energy projects for technical support in record $4.8M round

    7 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition, Vision

    The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved a record 34 marine energy projects through its 17th Request for Technical Support (RFTS), reflecting a total of over $4.8 million. Backed by the U.S. Department of Energy (DOE) and managed by the Pacific Ocean Energy Trust, TEAMER supports marine energy […]

  • Japan’s MHI prolongs research collaboration on ammonia-based clean power in Indonesia

    21 January 2026
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vision

    Japanese major Mitsubishi Heavy Industries (MHI) and Indonesia’s Institut Teknologi Bandung (ITB) have signed a new research agreement to continue exploring the potential of ammonia-based clean power in Indonesia. MHI and ITB concluded a memorandum of understanding (MoU) in 2020 to collaborate on research into next-generation clean energy solutions and analysis of big data relating […]

  • Tripartite partnership in Hong Kong targets hydrogen and green methanol

    5 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition

    The Hong Kong and China Gas Company Limited (Towngas), Sinopec (Hong Kong) and Sinopec Star Company have signed a memorandum of understanding (MoU) to establish a strategic partnership to collaborate on clean energy solutions, including hydrogen and green fuels, among other things. The tripartite partnership will cover hydrogen business development, hydrogen refuelling station construction, liquid […]

  • South Korean shipyard delivers MOL’s newbuild LPG carrier hired by TotalEnergies

    6 February 2026
    Business & Finance, Business Developments & Projects, Vessels

    Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has taken delivery of a newbuilding LPG dual-fuel very large gas carrier (VLGC) from Hyundai Samho Heavy Industries in South Korea.

  • Work begins on 203-kilometer Scottish HVDC transmission link

    5 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Both onshore and offshore enabling works have commenced for the development of the 2 GW Spittal to Peterhead subsea cable link project in Scotland, which will support national clean power and energy security ambitions. The 203-kilometer high-voltage direct current (HVDC) link will connect the Banniskirk Hub substation development in Caithness to the Netherton Hub in […]

  • 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 […]

  • Prysmian wins €2.3B contract for link that ‘supports Britain’s future energy system’

    3 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Italian cabling giant Prysmian has been confirmed as the supplier of the high-voltage direct current (HVDC) cable system for the fourth out of five subsea electricity superhighways between Scotland and England. Prysmian has won a £2 billion (over €2.3 billion) contract with SP Energy Networks and National Grid Electricity Transmission (NGET) for the Eastern Green […]

  • Designing the future of energy terminals: Where safety meets innovation

    2 February 2026
    Business Developments & Projects, Equipment, Innovation, Rules & Regulation, Technology, Transition, Vessels

    Written by Ron Heffron The maritime energy sector stands at a critical juncture as clean alternative fuels reshape terminal design requirements. Advanced engineering solutions for floating terminals and specialized mooring systems are enabling the safe handling of challenging cargoes like ammonia and liquefied CO₂, while new industry guidelines provide essential frameworks for this evolving landscape. […]

  • Strait of Hormuz closure: Tight LNG markets, oil prices could soar to $200

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

    With more than 80 million tonnes per annum (mtpa) of liquefied natural gas (LNG) supply, representing around 20% of global supply, being inaccessible to global markets, the Strait of Hormuz closure has the potential to spark the biggest energy supply shock in decades, according to Wood Mackenzie, an energy intelligence group, which emphasizes that oil prices could reach $200 a barrel (bbl) in a worst-case scenario, as over 11 million barrels per day (b/d) of Gulf crude and condensate supply continues to be curtailed.

  • ‘Largest UK independent oil & gas producer’ arises with TotalEnergies-NEO NEXT upstream merger

    8 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    French energy giant TotalEnergies is set to merge its upstream business with NEO NEXT, creating what is said to be the largest independent oil & gas producer in the UK. The partners have signed an agreement under which TotalEnergies will merge its upstream business with NEO NEXT and become the leading shareholder in the expanded […]

  • 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 […]

  • Saudi ACWA Power seals 27 deals for green hydrogen and other technologies

    3 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Storage, Technology, Transition, Vision

    ACWA Power, a Saudi Arabian developer, investor and operator of power generation, water desalination, and green hydrogen plants, has signed 27 memorandums of understanding (MoUs) at a recent three-day event to advance green hydrogen, desalination technologies, energy storage systems, and industrial AI. Held under the patronage of Saudi Arabia’s Ministry of Energy in Riyadh, Innovation […]

  • North Sea gas wells ready for CO2 storage as part of Dutch Porthos project

    5 February 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    Four North Sea gas production wells have officially been converted to CO2 injection wells as part of the Port of Rotterdam CO2 Transport Hub and Offshore Storage (Porthos) project in the Netherlands, marking their readiness for CO2 injection, expected in autumn. This first large-scale CO2 transport and storage project to be realized in the EU and the first offshore carbon capture and […]

  • Three new LNG bunkering vessels enlarge Chinese player’s orderbook

    6 February 2026
    Business & Finance, Business Developments & Projects, Vessels

    China-headquartered engineering player Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) has received orders for three liquefied natural gas (LNG) bunkering vessels.

  • Geotechnical surveys underway at TotalEnergies’ 2 GW offshore wind site in Germany

    3 February 2026
    Business Developments & Projects, Project & Tenders

    TotalEnergies has contracted Fugro to perform geotechnical surveys for the NordSee Energies 1 (NSE1) offshore wind farm at the N-12.1 site in Germany, where survey work is already underway. Investigations will be carried out at around 140 locations, reaching depths of up to 50 meters below the seabed. The geotechnical surveys will provide essential insights […]

  • Second Berge Bulk vessel sports Anemoi rotor sails

    30 January 2026
    Business & Finance, Business Developments & Projects, Equipment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Technology, Vessels, Vision

    UK-based wind-assisted propulsion provider Anemoi Marine Technologies has completed the installation of four folding rotor sails on a second vessel owned by Singapore-based shipping company Berge Bulk. The rotor sails, 5 meters wide and 35 meters tall, were installed on the 208,000 DWT Newcastlemax vessel Berge Meru at Yiu Lian Dockyards, China, in December 2025, […]

  • 3 GW Egypt-Greece interconnector receives €9.56M grant for further studies

    30 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Vision

    The European Commission has approved a €9.56 million grant for the preparation of further studies for a 3 GW electrical interconnection that will link Greece’s and Egypt’s power systems. Being developed by Elica Interconnector S.M.S.A, a member of the Copelouzos Group, the GREGY Project will transfer 100% clean energy produced from Egypt’s renewable energy sources to […]