10000 results found for 'progress'

10000 results found for 'progress'
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  • Deal signed to progress cross-border Baltic Sea CCUS initiative

    27 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    A UK-Swedish partnership has been established to advance a cross-border carbon capture, utilization and storage (CCUS) initiative designed to accelerate industrial decarbonization across the Baltic Sea region. Under a memorandum of understanding (MoU), the UK’s Progressive Energy and Swedish Pipe58 AB will pursue the Highway58 project, which aims to establish a new, shared CO2 transport […]

  • Technip Energies, JGC and SHI chosen to progress Mozambique’s second FLNG project

    24 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    A partnership of Technip Energies, JGC and Samsung Heavy Industries (SHI) has secured a contract with Mozambique Rovuma Venture (MRV), an Eni-participated joint venture (JV), to progress work on Mozambique’s second floating liquefied natural gas (FLNG) facility. The contract, defined as significant, adds to the previously announced one for early works and expands Technip Energies’ scope […]

  • North Sea oil & gas portfolio recalibration in progress with another asset swap deal

    18 November 2025
    Business & Finance, Business Developments & Projects

    Norwegian oil and gas player DNO has struck a new asset exchange deal to high-grade its North Sea portfolio. The latest move will enable it to swap assets with Orlen Upstream Norway, a subsidiary of Poland’s Orlen. The all-cash transactions are conditional on customary government approvals.

  • TotalEnergies spotlights €20B poured into low-carbon progress since 2020 amid legal scrutiny

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

    In the aftermath of a court decision related to its carbon neutrality ambition, France’s energy giant TotalEnergies has shed light on its multi-energy strategy investments, highlighting its low-carbon inroads backed by a €20 billion injection over the past five years.

  • Go-ahead for seismic quest in Uruguayan waters seen as ‘value-adding progress’ for oil & gas ops

    10 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    As its proposed merger with Sintana Energy continues to run in the background, Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company, has expressed enthusiasm over the permits for seismic acquisition that have been issued in Uruguay, as the firm is convinced that this will spark more interest in the country’s offshore hydrocarbon potential.

  • Clearance in place for work on Southeast Asian FSRU to move forward

    20 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Gas Malaysia, a Malaysian natural gas provider, is all set to proceed with the development of a liquefied natural gas (LNG) regasification terminal project in Yan, Kedah.

  • Nexans Electra sports its major systems

    6 February 2026
    Business Developments & Projects, Equipment, Project & Tenders, Vessels

    Major systems have been installed, powered and progressively brought online on board Nexans’ new cable-laying vessel (CLV) Nexans Electra, the French cable systems designer and manufacturer reported. Based on the ST-297 CLV design by Skipsteknisk, Nexans Electra, ordered as the second vessel by Nexans at Norway’s Ulstein Verft, is an updated version of the sister vessel Nexans […]

  • New joint project aims to bring subsea chemical storage technology to deployment

    27 March 2026
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Storage, Transition, Vision

    Oilfield services company NOV has launched a joint industry project (JIP) with Norwegian state-owned energy firm Equinor and Brazil’s oil & gas company Petrobras to work together on qualifying subsea chemical storage technology toward field deployment. The JIP is progressing an up to 200m3 subsea storage unit, NOV’s Subsea Production Systems reported on social media. […]

  • Canada’s $5.1 billion LNG project continues to take shape (Gallery)

    24 October 2025
    Business & Finance, Business Developments & Projects

    Woodfibre Management, a privately held Canadian company based in Vancouver, has made progress in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.

  • Ports of Los Angeles and Long Beach commit to ‘bolstered’ zero-emission initiative

    12 November 2025
    Environment, Ports & Logistics, Transition

    The Long Beach Board of Harbor Commissioners has issued a stamp of approval for a cooperative agreement with the South Coast Air Quality Management District (SCAQMD) and the Port of Los Angeles encompassing “time-bound and enforceable” commitments to develop zero-emissions infrastructure at the ports’ complex. As disclosed, the cooperative agreement, which was officially greenlit on […]

  • Rig search ongoing to get Southeast Asian gas drilling project back on track

    10 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based and AIM-listed Sunda Energy, formerly Baron Oil, is setting the stage to undertake its planned drilling campaign on a gas field off the coast of Timor-Leste, Southeast Asia.

  • Santos offloads Australian non-core gas assets to Eni and Comet Ridge

    17 December 2025
    Business & Finance, Business Developments & Projects

    Australian energy player Santos has embarked on a portfolio optimization quest by divesting its stake in offshore fields to Eni Australia, a subsidiary of the Italian giant Eni, and striking a deal to dispose of its operated interest in another asset in Australia.

  • North Sea license extension enables more time to revamp field development plan

    24 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy

    Ping Petroleum, an independent upstream oil and gas company incorporated in Bermuda, has secured a multi-year license extension for a giant undeveloped North Sea field on the UK Continental Shelf (UKCS).

  • African multi-well offshore drilling campaign on BW Energy’s agenda in July

    5 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Oslo-listed oil and gas E&P player BW Energy has made further progress in preparations for its planned drilling program off the coast of Gabon.

  • Fugro’s jack-up platform starts surveys for Western Isles subsea link

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

    Dutch Fugro has commenced integrated site investigations for a power transmission link that will connect the Scottish Western Isles to the UK national electricity transmission network for the first time. Fugro is carrying out nearshore surveys for SSEN Transmission’s 1.8 GW Western Isles high-voltage direct current (HVDC) link to gather geo-data that will guide the […]

  • Critical HV components under construction in Türkiye for second Malta-Italy link

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

    The production of critical high-voltage (HV) components for the second electrical interconnector between Malta and Italy has commenced in Türkiye. The IC2 interconnector will consist of a new ~122-kilometer-long 225 MW HVAC electrical cable interconnection between the Terna substation at Ragusa, Sicily, and the Enemalta terminal station in Maghtab, to be laid in parallel to […]

  • 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 […]

  • Leonardo da Vinci finishes cabling in UK waters for NeuConnect, goes to the Netherlands

    25 March 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Vessels

    Italian cabling giant Prysmian, as the main contractor, has completed all subsea cabling in UK waters for NeuConnect, a high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany, with its cable-laying vessel (CLV) now moving to Dutch waters. Following this latest phase, over 260 out of 700 […]

  • With hull now done, Asian FLNG moves to next construction stage

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

    China-based provider of clean energy services Wison New Energies (WNE) has held a hull launching ceremony at its Nantong Yard for a floating liquefied natural gas (FLNG) facility being built for Malaysia’s investment holding and management player Genting.

  • PSC extension in hand: Farm-out and drilling plans moving forward for African oil & gas block

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

    UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has confirmed that the final details are being ironed out for an extension of a production sharing contract (PSC) covering a block off the coast of Equatorial Guinea.

  • Rise in costs to $1.98 billion among factors impacting Equinor’s low-emission gas project

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

    Norwegian state-controlled energy giant Equinor has revealed an increase in costs for a project anticipated to strengthen Norway’s position as a reliable and long-term supplier of gas produced with very low greenhouse gas (GHG) emissions. The company explains that onshore compression is now expected to start in 2029, one year after the original plan.

  • Petronas tasks MISC with floating production unit for gas project offshore Brunei

    9 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    MISC Berhad (MISC), Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services, has been hired for the provision of lease, operate, and maintain (O&M) scope of work for a floating production unit (FPU) destined to be deployed at a natural gas development project off the coast of Brunei.

  • Pancontinental picks up 12-month extension for Namibia’s Orange Basin permit

    18 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Pancontinental Orange, a subsidiary of Australia-based petroleum exploration player Pancontinental Energy, has secured a one-year extension of its license off the coast of Namibia.

  • 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 […]

  • Transocean rig drawing Beach Energy’s first chapter of Australian drilling campaign to a close

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

    Beach Energy is edging closer to the end of the first phase of its drilling program in Australian waters, which is being conducted by a rig owned by Transocean, an offshore drilling giant.