10000 results found for 'progress'

10000 results found for 'progress'
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A list of search results

  • 27-year-old FPSO ends its final voyage at European ship recycling facility

    2 April 2026
    Business & Finance, Business Developments & Projects, Vessels

    A floating production, storage, and offloading (FPSO) unit has reached its final destination in Europe, where it will be recycled at Modern American Recycling Services (MARS) in Denmark.

  • Aker BP and Armada bring offshore modular data center to Norwegian drilling scene

    23 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, IT & Software, Technology

    Norway’s oil and gas player Aker BP and Armada, a full-stack edge infrastructure company, have joined forces to use an offshore modular data center at the drilling arena on the Norwegian Continental Shelf (NCS).

  • Aker BP gets hold of larger stake in huge North Sea oil field

    8 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian oil and gas player Aker BP has augmented its interest in a giant field in the North Sea, which is considered to be one of the largest producing oil fields on the Norwegian Continental Shelf (NCS).

  • MODEC-SOFEC merger giving birth to integrated mooring solutions business unit

    17 November 2025
    Business & Finance, Business Developments & Projects

    Japan’s MODEC has embarked on a strategic merger of its wholly owned companies, MODEC America and SOFEC, to create an integrated mooring solutions business unit and strengthen global offerings.

  • ‘World’s first’: Methane removal system debuts at sea

    17 April 2026
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Equipment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vessels, Vision

    A U.S.-UK partnership has launched what is said to be the first-ever pilot project that will see the extended at-sea trial of a system designed to remove methane during normal ship operations. California-headquartered climate technology company Bennu Climate and Lomarlabs, an innovation arm of Lomar Shipping, have partnered up for a 12-month pilot of Bennu’s device that […]

  • Category 5 storm makes damage to oil field offshore Western Australia

    30 March 2026
    Business Developments & Projects, Infrastructure, Project & Tenders

    Singapore-headquartered oil & gas player Jadestone Energy has reported damage to its Stag oil-producing field located offshore Western Australia as a result of a Category 5 storm. Due to the projected path of Cyclone Narelle, which developed into a Category 5 Storm with sustained wind speeds of over 200 km/hr, Jadestone shut down the Stag […]

  • $27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers

    17 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Against the backdrop of concerns over hydrocarbon production rates, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have secured over $27.14 billion in profits.

  • Arbitration battle looms in Asia as Empyrean challenges Conrad’s withdrawal notice

    18 November 2025
    Business & Finance, Business Developments & Projects

    Conrad Asia Energy’s wholly-owned subsidiary, West Natuna Exploration Limited (WNEL), has served Empyrean Energy, an AIM-listed oil and gas exploration company, with a notice of election of remedy and forced withdrawal, after the duo had been knee-deep in talks regarding the settlement of outstanding cash calls over the past few months.

  • Norway: Northern Lights starts injecting first CO2 from wastewater

    24 March 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    The Northern Lights CO2 project in the Norwegian North Sea has started injecting the first biogenic CO2 from wastewater treatment delivered to the receiving terminal in Øygarden. Carbon removal company Inherit has delivered CO2 cargos to Northern Lights from Veas, Norway’s largest wastewater treatment plant which handles wastewater from more than 800,000 inhabitants in the […]

  • OneSubsea technology to enable ‘faster production’ at American deepwater field

    9 April 2026
    Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Following last month’s contract win in China, OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract with Texas-based Beacon Offshore Energy (BOE) Exploration and Production for a deepwater field in the Gulf of America. Under the contract, OneSubsea will deliver a high‑pressure, high‑temperature (HPHT) multiphase boosting system for the […]

  • 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.

  • Key equipment for second Malta-Italy link ready for its final destination

    1 June 2026
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    The manufacturing of key equipment for the second electrical interconnector between Malta and Italy has been completed in Türkiye, with the equipment now to be shipped to Malta and Sicily. This includes an autotransformer that will reduce the voltage from the interconnection’s 220 kV to 132 kV, in line with the operation of Malta’s grid, […]

  • Equinor hits the jackpot twice in North Sea with new oil, gas & condensate finds

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

    Norway’s state-owned oil and gas giant Equinor has made two hydrocarbon discoveries in the Norwegian sector of the North Sea, which it describes as commercial and situated in areas with well-developed infrastructure for export to Europe.

  • German TSO makes order for four cable storage carousels

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

    German transmission system operator (TSO) 50Hertz has awarded the Netherlands-headquartered Subsea Cable Assets (SCA) with a framework contract for the delivery of four cable storage carousels. SCA’s scope includes the engineering, manufacturing, delivery, installation and commissioning of four carousel systems, including all associated loading equipment. “This framework reflects the confidence in SCA’s ability to deliver […]

  • TenneT selects NjordIC for Doordewind UXO consultancy work

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

    NjordIC has been awarded the UXO consultancy services contract for the Doordewind 1 & 2 grid connection system, commissioned by TenneT and forming part of TenneT’s offshore HVDC program supporting the Netherlands’ ambition to deliver 21 GW of offshore wind capacity. Under the contract, NjordIC will provide full-scope UXO consultancy covering survey preparation, offshore survey […]

  • South Korean 640 kV HVDC cable test center ready for business

    3 February 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Technology, Vision

    South Korean Taihan Cable & Solution has finalized the construction of a dedicated cable test center that enables simultaneous testing of two 640 kV-class HVDC cable circuits. The test center spans approximately 7,000 square meters and is located at the company’s Dangjin Cable Plant, enabling close integration with existing production infrastructure. A ceremony to mark […]

  • Stage being set for multi-well stimulation at offshore platform in California

    17 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Operations & Maintenance, Regulation & Policy

    The U.S. Bureau of Ocean Energy Management (BOEM) has taken a step to lay the groundwork for the proposed offshore well stimulation work at a platform off the coast of California.

  • OneSubsea and TOYO to explore CCS opportunities in Southeast Asia

    15 April 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    Japan’s Toyo Engineering Corporation and OneSubsea, a joint venture established in 2023 by SLB, Aker Solutions, and Subsea7, have signed a memorandum of understanding (MoU) to explore collaboration opportunities in carbon capture and storage (CCS). Initially, the partners plan to explore opportunities across a range of subsea CCS projects in Japan and Southeast Asia to […]

  • ABL and PetroSafe pool resources in Egyptian energy landscape

    16 April 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    ABL, part of Oslo-listed global consultancy group ABL Group, has joined forces with Egypt’s Petroleum Safety and Environmental Services Company (PetroSafe) to collaborate on technical performance solutions across Egyptian onshore and offshore energy assets.

  • German player picks up permanent permit for LNG terminal with FSRU duo

    24 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Germany’s private operator of liquefied natural gas (LNG) terminals, Deutsche ReGas, has secured the go-ahead for the permanent operation of an energy terminal in Mukran with two floating storage and regasification units (FSRUs) using onboard gas generators.

  • ABS and AMOG pooling resources for offshore mooring digital twin

    14 January 2026
    Business & Finance, Business Developments & Projects, Collaboration

    The American Bureau of Shipping (ABS) has signed a memorandum of understanding (MoU) with AMOG Consulting to collaborate on advancing offshore mooring digital twin technology.

  • $35 billion gas export deal good to roll

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

    A multibillion-dollar agreement for the export of natural gas from Israel to Egypt is locked and loaded, following the green light from the Israeli government.

  • EPC contractor hand-picked for Southeast Asian LNG cold energy utilization project

    29 April 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Transition

    CTCI Thailand, a CTCI Group company with a track record in petrochemical and liquefied natural gas (LNG) terminal projects, has been hired to handle the engineering, procurement, and construction (EPC) scope of work at an LNG cold energy utilization project, a joint development between PTT Global Chemical (PTTGC) and PE LNG in Thailand.

  • Development of Southeast Asian gas discoveries is a go

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

    AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has confirmed the go-ahead for a field development plan covering gas discoveries off the coast of Vietnam, Southeast Asia.

  • CMA CGM takes delivery of methanol dual-fueled container ship from Chinese shipyard

    22 December 2025
    Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Classification society Bureau Veritas Marine & Offshore (BV) has classed its first methanol dual-fueled container ship, a newbuild destined for French shipping and logistics giant CMA CGM Group. The 15,000 TEU methanol dual-fuel vessel, named CMA CGM ANTIGONE, was built by China’s CSSC Jiangnan Shipyard for CMA CGM and was officially named on December 11 […]