1956 results found for 'cygnus'

1956 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 […]

  • New oil & gas UK offshore hub for Serica with TotalEnergies’ assets in the bag

    26 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy has wrapped up the acquisition of an interest in West of Shetland gas fields and assets from France’s energy giant TotalEnergies. The move expands the British player’s footprint 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.

  • 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.

  • 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 […]

  • Another SeaBird Exploration vessel gets contract extension in Western Hemisphere

    23 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 three-month contract extension for its source vessel to continue working in the Western Hemisphere. The 2009-built Fulmar Explorer, which joined the company’s fleet in 2019, will continue performing ocean bottom node (OBN) source work in the region until mid-June. According to […]

  • Worley embarks on more FEED work for Cypriot gas development

    13 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders

    Australia’s engineering player Worley has been appointed by U.S.-headquartered oil major Chevron to provide front-end engineering design (FEED) and procurement services for the first offshore gas development in Cyprus. Under the contract with Chevron Cyprus, Worley will provide FEED engineering across the full Aphrodite field development, including subsea systems, the floating production unit (FPU), export […]

  • 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.

  • MOL buying into Deutsche Offshore Schifffahrt and newbuild C-CSOVs

    20 March 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels, Vision

    Japanese shipping major Mitsui O.S.K. Lines (MOL) is acquiring a stake in Hamburg-based Deutsche Offshore Schifffahrt (DO), a joint venture with Schoeller Holdings, as well as shares in construction commissioning service operation vessels (C-CSOVs) currently under construction. The joint venture between Schoeller Holdings and Deutsche Offshore Schifffahrt (German Offshore Shipping), announced in 2024, will be […]

  • 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).

  • 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.

  • 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.

  • 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).

  • 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.

  • 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.

  • 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 […]

  • 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.

  • Bangladesh, APM Terminals ink $550 million investment accord

    18 November 2025
    Business Developments & Projects, Collaboration, Environment, Infrastructure, Ports & Logistics

    The Dutch container terminal operator APM Terminals, a part of Denmark’s shipping giant A.P. Moller – Maersk, has signed a concession agreement valued at $550 million with the Bangladeshi Chittagong Port Authority (CPA), aiming to deepen the South Asian nation’s infrastructural development and sustainability efforts. The 30-year concession agreement, reportedly one of the largest public-private […]

  • IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

    1 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Transition

    The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected Member States to serve on three categories of the IMO Council. Meanwhile, EmissionLink’s Managing Director has warned that the IMO’s decision to delay its Net Zero Framework is creating a regulatory vacuum which threatens to fragment global shipping decarbonization efforts.