1952 results found for 'cygnus'

1952 results found for 'cygnus'
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  • North Sea operator raises its stake in UK gas field

    1 October 2025
    Business & Finance, Business Developments & Projects

    Ithaca Energy, a North Sea oil and gas operator and producer, has completed its acquisition of an additional stake in a gas field on the UK Continental Shelf (UKCS).

  • UK oil & gas consolidation continues: Serica makes move on Spirit Energy’s North Sea assets

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

    UK-based upstream oil and gas player Serica Energy has taken another consolidation step on the UK Continental Shelf (UKCS) by striking a deal to acquire the oil and gas portfolio of Spirit Energy Limited and its affiliates for an upfront consideration of £57 million (around $74 million).

  • TGS on duty offshore Australia

    22 January 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Norwegian energy data and intelligence company TGS has kicked off a reprocessing project offshore Australia designed to enhance subsurface imaging and geological understanding. The multi-client Bonaparte Basin Pre-Stack Depth Migration (PSDM) Reprocessing Project includes the reprocessing of the Cygnus 3D, Cartier 3D, Grand Ashmore 2D and Vulcan 2D data sets. According to TGS, the Bonaparte […]

  • North Sea operator raising €450M to fund boost in UK gas field and growth opportunities

    17 September 2025
    Business & Finance, Business Developments & Projects

    Ithaca Energy, a North Sea oil and gas operator and producer, has disclosed pricing of its senior notes offering and the extension of its reserves based lending (RBL) facility, which is expected to fuel the firm’s acquisition of an additional stake in a gas field in UK waters and optimize financial flexibility for further expansion and growth.

  • Efforts ongoing to unlock West of Shetland trio’s hydrocarbon arsenal

    25 August 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Ithaca Energy, a North Sea oil and gas operator and producer, has reported significant progress toward unlocking long-term value creation in the West of Shetland area through targeted value-led investment into three oil and gas projects being developed on the UK Continental Shelf (UKCS).

  • Highlights reel of top UK oil & gas consolidation plays

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    The global oil and gas scene is witnessing a wave of consolidation moves through strategic mergers and acquisitions, especially in the United Kingdom (UK), where the windfall tax on oil and gas producers’ profits remains in force. The transformation across Britain’s hydrocarbon industry is gaining ground, spurred by Big Oil’s business combination steps.

  • Cronos nexus unbound: Egypt and Cyprus put pen to paper for gas field development

    22 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Regulation & Policy

    With the aim of strengthening energy security through strategic collaboration, Egypt and Cyprus have inked multiple commercial agreements for a natural gas project, which will forge an energy bond between the two countries, enabling Cypriot gas to reach Egypt’s infrastructure.

  • Gas field charting its development course as Aphrodite embarks on FEED journey

    24 December 2025
    Business & Finance, Business Developments & Projects

    Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have decided to move forward with a front-end engineering design (FEED) work for an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Mediterranean Sea.

  • Cyprus-flagged vessel stays in Western Hemisphere for another three months

    2 February 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a contract extension for its vessel Eagle Explorer in the Western Hemisphere. The company reported the new contract for Eagle Explorer in the Western Hemisphere in September 2025, with a firm duration of approximately three months and extension options. The now secured extension […]

  • Seychelles’ ‘first utility-scale’ floating solar project secures financing

    20 August 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Technology

    French renewable energy company Qair has secured a $5.7 million (approximately € 4.8 million) senior debt facility from the Facility for Energy Inclusion (FEI), managed by Cygnum Capital, to finance the development, construction, and operation of a 5.8 MWp floating solar plant in Providence Lagoon on Mahe Island, Seychelles. According to Qair, the Seysun Lagoon […]

  • 2009-built source vessel to spend more time in Western Hemisphere

    12 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a contract extension for its source vessel for work in the Western Hemisphere. The three-month contract extension for the 2009-built Fulmar Explorer, which joined the company’s fleet in 2019, will see the vessel continue performing ocean bottom node (OBN) source work in the […]

  • Eni going full steam ahead with drilling campaign in Gulf of Suez

    29 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As the dash for gas off the coast of Egypt continues to run unabated, the country’s Minister of Petroleum and Mineral Resources has visited the drilling site of the first well in the drilling program, Italy’s energy giant Eni is currently undertaking in the Gulf of Suez with a rig owned by Shelf Drilling, now part of ADES.

  • Cypriot firm to start work in Western Hemisphere in mid-November

    26 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has won a new contract for its vessel Eagle Explorer in the Western Hemisphere. Eagle Explorer will be deployed for ocean bottom node (OBN) source work under a contract that has a firm duration of approximately three months, with options that could extend the […]

  • Fugro’s largest-ever Asia Pacific award is for Eni’s deepwater gas fields

    7 August 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vision

    The Netherlands-headquartered Fugro is set to perform site investigations for Italy’s energy giant Eni in Indonesia under its largest-ever award in the Asia Pacific (APAC) region. In its latest financial results report, Fugro revealed it had been tasked with a site characterisation program for the development of Eni’s Geng North and Gehem deepwater gas fields […]

  • With one 271-day job done, Singaporean player’s rig preps for new Gulf of Thailand campaign

    27 August 2025
    Business Developments & Projects, Exploration & Production, Project & Tenders

    Energy Drilling has completed a drilling campaign in the Gulf of Thailand undertaken on behalf of Carigali-PTTEPI Operating Company (CPOC).

  • Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer

    3 February 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Transition

    With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission cuts by combining low-cost reserves, fast-track development, and cross-border collaboration. The firm’s 2026 horizon spotlights multiple final investment decisions (FIDs) for gas and liquefied natural gas (LNG) projects.

  • 2014-built rig kicks off its five-year Asian drilling gig

    20 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Singapore’s tender-assisted drilling provider Energy Drilling, a wholly owned subsidiary of Cyprus-headquartered SED Energy Holdings, has confirmed the start of its 11-year-old rig’s drilling assignment with Thailand’s national oil and gas company PTT Exploration and Production Public Company Limited (PTTEP).

  • AtoB@C Shipping: New plug-in hybrid vessel to work for Rottneros

    2 October 2025
    Collaboration, Outlook & Strategy

    AtoB@C Shipping, a Sweden-based subsidiary of Finnish shipping company ESL Shipping, has signed a long-term contract with Rottneros, a compatriot expert producer of pulp and molded fiber from sustainable forests.

  • Chevron signs off on Mediterranean field expansion for gas production uptick

    16 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Chevron Mediterranean Limited (CML), a subsidiary of the U.S.-headquartered Chevron, and its partners have given the green light for a planned expansion of gas export capacity from a giant natural gas field project off the coast of Israel.

  • More LNG for Egypt as new deal strengthens energy and gas ties with Qatar

    5 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Regulation & Policy

    With the aim of bolstering its liquefied natural gas (LNG) arsenal, Egypt has fortified its bonds with Qatar within the energy and natural gas domains through a memorandum of understanding (MoU) between the Egyptian Natural Gas Holding Company (EGAS) and QatarEnergy, the Persian Gulf state’s heavyweight.

  • Heerema secures decom contract for BP’s North Sea platform

    2 October 2025
    Business Developments & Projects, Project & Tenders

    Heerema Marine Contractors has secured a decommissioning contract with the U.K.-headquartered energy giant BP.

  • Biofuel-capable, diesel-electric cement carrier arrives home

    25 August 2025
    Infrastructure, Ports & Logistics, Vessels

    MV Tamarack, an eco-friendly cement carrier, arrived at the Port of Montreal on August 22, 2025, completing its maiden transatlantic voyage and marking a major milestone in North American shipping.

  • New emission monitoring partnership to ‘bolster’ South Korea’s maritime decarbonization drive

    25 August 2025
    Business Developments & Projects, Collaboration, Environment, Transition

    The Korea Ocean Business Corporation (KOBC) has joined forces with compatriot greenhouse gas (GHG) emission monitoring service providers Mapsea Corporation and Ecomarine to support domestic shipping companies in complying with environmental regulations. The agreement, announced on August 21, reportedly encompasses voucher-based access to greenhouse gas (GHG) monitoring services. The development expands KOBC’s “Marine Environmental Regulation […]

  • Oil & gas giants pick UK drone tech for North Sea methane crackdown

    10 June 2025
    Business Developments & Projects, Technology

    UK-headquartered drone firm Flylogix has won contracts with major operators, including Great Britain’s Shell and Ithaca Energy, and Norway’s Equinor, to help tackle methane emissions from oil and gas platforms in the North Sea.

  • EU endorses ban on Russian pipeline gas and LNG imports

    26 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    In a move to wean itself completely off Russian oil and gas imports, the European Union (EU) has given the green light for a ban on imports of pipeline gas and liquefied natural gas (LNG), with oil expected to follow suit in 2027.