10000 results found for 'progress'

10000 results found for 'progress'
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  • Round-up: New oil & gas discoveries take center stage as LNG momentum grows

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Exploration & Production, Rules & Regulation, Transition

    As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint ventures, divestments, and capex commitments.

  • Norwegian floating solar firm lands €5.4M for global expansion

    1 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Technology

    Norwegian floating solar company Alotta has raised NOK 63.5 million (around €5.4 million) to accelerate international expansion following a 15-year power purchase agreement (PPA) with Mowi Chile, the world’s largest salmon farmer. According to Alotta, the deal covers renewable power supply to Mowi’s salmon farming site at Huar Norte in Chile’s Los Lagos region. It […]

  • TotalEnergies to supply South Korean player with LNG until 2033

    25 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    France’s energy giant TotalEnergies has secured a multi-year deal to provide liquefied natural gas (LNG) to South Korea’s HD Hyundai Chemical. This boosts the French player’s LNG sales growth.

  • EPS eyes full ownership of CoolCo in LNG consolidation play

    24 September 2025
    Business & Finance, Business Developments & Projects

    Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) is progressing discussions for the acquisition of its entire business by Singapore-based Eastern Pacific Shipping (EPS) Ventures.

  • Princess Cruises receives second dual-fuel LNG-powered unit from Fincantieri

    29 September 2025
    Business Developments & Projects, Vessels

    Italian shipbuilding company Fincantieri has delivered the second dual-fuel liquefied natural gas (LNG)-powered vessel—Star Princess—that was constructed for U.S.-based cruise line Princess Cruises. The 178,000 GT newbuilding was handed over to its owner at Fincantieri’s Monfalcone shipyard, which is said to be the shipbuilder’s largest production site dedicated to the building of cruise ships. Star […]

  • Proposed North Sea oil project makes progress but UK urged to mend its fiscal ways

    4 September 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Given the need to secure future investments in domestic energy, the UK is being asked to change its current fiscal and regulatory regime related to its oil and gas policy, as NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), take steps to move forward with a proposed oil redevelopment project in the North Sea.

  • North Sea operator prolongs Petrofac’s UK gig for two more years

    22 September 2025

    Petrofac, a UK-headquartered oilfield services provider, has won a contract extension in the UK sector of the North Sea, allowing it to remain on an assignment with Ithaca Energy, a North Sea oil and gas operator and producer.

  • DHL and Henkel agree to enhance use of sustainable marine fuel

    23 September 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has initiated a new phase of collaboration with Henkel, a chemical and consumer goods company, to boost the use of sustainable marine fuel (SMF), aiming for reductions in transport-related greenhouse gas (GHG) emissions.

  • €4.5 trillion investor coalition urges EU to hold the line on methane cuts

    3 October 2025
    Authorities & Government, Business Developments & Projects, Environment, Transition

    The European Union (EU) is facing pressure to uphold its methane regulation amid the climate push from 42 institutional investors, with over €4.5 trillion in assets under management, which have warned that backtracking would undermine regulatory certainty and market stability, while also slowing progress on methane reduction and net zero goals.

  • Energy outlook: 12 trends set to shape 2026 power spectrum

    2 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    With market volatility, geopolitics, and policy repercussions expected to be among the key drivers affecting the global energy landscape, Rystad Energy, an energy market intelligence group, has outlined 12 predictions for the year ahead, noting opportunities and challenges that will unfold alongside increasing complexity, including the role of fossil fuels and new energies in meeting growing power demand from data centers.

  • HOPA Ports to breathe new life into Hamilton biodiesel plant

    25 September 2025
    Infrastructure, Ports & Logistics

    Hamilton-Oshawa Port Authority (HOPA Ports) has taken action to help ensure the preservation and continued operation of the biodiesel facility in Hamilton previously operated by compatriot renewable energy company Biox.

  • Carbon Destroyer 1 leaves shipyard, readies for CO2 transport in Europe

    23 September 2025
    Carbon Capture Usage & Storage, Infrastructure, Vessels

    Carbon Destroyer 1, the ‘first’ European-built offshore CO2 carrier, has been transported from Royal Niestern Sander shipbuilding yard to the Dutch Port of Delfzijl.

  • ACWA Power taps L&T for renewables and grid scope of green hydrogen hub in Yanbu

    22 September 2025
    Business Developments & Projects, Project & Tenders

    Indian multinational conglomerate Larsen & Toubro (L&T) has signed a memorandum of understanding (MoU) with Saudi developer of green hydrogen plants ACWA Power for a green ammonia project in Yanbu, a port city on the Red Sea.

  • Jacket load-out ticked off: Murphy preps for installation ops at its Asian oil project

    19 September 2025
    Business & Finance, Business Developments & Projects

    Murphy Oil has made progress in the development of its oil project in the Cuu Long Basin off the coast of Vietnam, as the construction of a jacket for a central processing platform (CPP) destined to be installed at the site has been completed by PTSC Mechanical & Construction (PTSC M&C), a Vietnam-headquartered turn-key engineering, procurement, construction, installation, transportation, hook-up, and commissioning (EPC/EPCIC) services contractor.

  • MISC, SHI get BV’s nod for ‘world’s first’ ammonia-fueled LR2 tanker powered by PEMFC

    24 September 2025
    Business Developments & Projects, Certification & Classification, Infrastructure, Innovation, Vessels

    Malaysia’s energy-related maritime services provider MISC Berhad and South Korean shipbuilder Samsung Heavy Industries (SHI) have received approval in principle (AiP) from French class society Bureau Veritas Marine & Offshore (BV) for their design of “the world’s first” ammonia-fueled long-range 2 (LR2) tanker powered by proton exchange membrane fuel cell (PEMFC) technology.

  • UK-Slovenian partnership targets seabed data

    26 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders

    UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combine Ocean Geophysics’ large-scale geophysical processing and interpretation with HighTide’s specialist expertise […]

  • Keel laid for Royal Caribbean’s fourth LNG-powered Icon-class cruise ship

    9 September 2025
    Business Developments & Projects, Vessels

    Finland’s Meyer Turku shipyard has held a keel laying ceremony for the fourth liquefied natural gas (LNG)-powered Icon-class cruise ship being built for U.S.-based cruise company Royal Caribbean.

  • Panama Canal ready to start rewarding low-carbon ships

    26 September 2025
    Authorities & Government, Business Developments & Projects, Infrastructure, Regulation & Policy, Vessels

    The Panama Canal is launching NetZero Slot, an initiative designed to incentivize Neopanamax vessels powered by clean fuels.

  • ESL: Next-gen green methanol-powered vessel project is on track

    12 September 2025
    Business Developments & Projects, Infrastructure, Vessels

    The project for next-generation methanol-powered vessels, currently under the project name Green Handy, is progressing as scheduled behind the scenes, Finland-based shipowner ESL Shipping revealed.

  • Mammoet, Tugdock seal strategic pact to expand use of offshore platform tech

    16 September 2025
    Business & Finance, Business Developments & Projects, Equipment, Heavy lifting, Innovation, Ports & Logistics, Technology

    Mammoet and Tugdock Submersible Platforms Limited (Tugdock) have entered into a strategic partnership to expand the use of the Tugdock Submersible Platform (TSP), which is a modular, submersible platform that allows large floating structures to be transferred seamlessly from quaysides into the water.

  • Stargate Hydrogen partners with Saudi Arabia’s RDIA to boost hydrogen innovation

    12 September 2025
    Authorities & Government, Business Developments & Projects, Collaboration, Exploration & Production, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology

    Stargate Hydrogen, an Estonia-based deep-tech and green hydrogen technologies manufacturer, has signed a memorandum of understanding (MoU) with the Research, Development, and Innovation Authority (RDIA) of Saudi Arabia to boost hydrogen innovation.

  • China leads in total committed investments in $110B clean hydrogen industry, report finds

    9 September 2025
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders, Research & Development

    More than 500 clean hydrogen projects worldwide have reached maturity, representing $110 billion in investments, with China occupying the leading position in total committed investments and renewable hydrogen production, according to the Hydrogen Council’s new annual publication.

  • ‘World’s first’ offshore solar farm within wind farm shows resilience to strong winds

    15 September 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Safety, Technology

    Nymphaea Aurora, described as the “world’s first” offshore solar farm within a wind farm, has endured its first strong winds of 70 km/h without damage, Dutch offshore solar company Oceans of Energy said. “Good morning, Nymphae Aurora withstood its first strong winds (70 km/hr) of the last 24 hours very well!” the company said. Ahead […]

  • Operator taking steps to close funding gap ahead of oil project’s FID as partner ups its stake

    25 September 2025
    Business & Finance, Business Developments & Projects

    Finder Energy, a Perth-based oil and gas exploration player, is taking steps to secure remaining funds for a final investment decision (FID), which will enable it to develop two oilfields off the coast of Timor-Leste. To this end, the firm has agreed to enable its partner to boost its interest in the project.

  • HD Hyundai’s safety solution for ammonia-fueled ships gets KR’s stamp of approval

    16 September 2025
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Safety, Technology, Vessels

    Classification society Korean Register (KR) has granted approval in principle (AIP) for Hi-CLEARS, a safety solution for ammonia-fueled ships, developed by the affiliates of South Korean conglomerate HD Hyundai – HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE).