10000 results found for 'progress'

10000 results found for 'progress'
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  • Subsea7 and OneSubsea strike long-term collaboration with Petronas in Suriname

    8 April 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders

    Subsea Integration Alliance (SIA), comprising SLB OneSubsea and Subsea7, and Petronas Suriname E&P, a subsidiary of Malaysia’s state-owned oil & gas firm Petronas, have signed a strategic collaboration agreement for field development projects in Suriname. The agreement establishes a long-term framework for collaboration across the project lifecycle. The aim is to simplify complex procurement processes, […]

  • Argentina’s FSRU lines up LNG cargo from Naturgy

    24 April 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    A floating storage and regasification unit (FSRU), said to be Argentina’s second liquefied natural gas (LNG) receiving facility, is restocking its arsenal with a new LNG cargo from Naturgy Aprovisionamientos.

  • SBM Offshore and Petrobras seal FPSO pair deal for $12-billion oil & gas duo

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

    Given its plan to bring to life two approved oil and gas developments in the Sergipe Alagoas Basin off the coast of Brazil, the country’s state-owned energy giant Petrobras has signed off on deals for two floating production, storage, and offloading (FPSO) units with Dutch giant SBM Offshore, laying the groundwork for a new oil and gas production frontier in the South American nation.

  • SBM Offshore’s FPSO deal with ExxonMobil opens FEED gate for Guyana’s oil project

    24 March 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has been entrusted with the front end engineering and design (FEED) studies for a floating production, storage, and offloading (FPSO) vessel destined to be deployed at an oil project, which ExxonMobil Guyana, an affiliate of the U.S.-headquartered energy giant ExxonMobil, is set on developing in the Stabroek block off the coast of Guyana.

  • LNG vessel comes to Seatrium’s yard for new lease on life as Egypt-bound FSRU (Gallery)

    6 January 2026
    Business & Finance, Business Developments & Projects, Vessels

    Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), has confirmed the arrival of an LNG carrier (LNGC) at a yard in Singapore, where it will undergo transformation to turn into an FSRU destined for deployment in Egypt.

  • Two deepwater gas hubs on the Asian energy horizon as Eni unveils FIDs

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

    Italy’s energy giant Eni has taken final investment decisions (FIDs) for two gas projects off the coast of Indonesia, Southeast Asia. The company expects these projects to strengthen not only domestic supply but also LNG exports, while leveraging existing infrastructure to accelerate time to market.

  • First oil flows from Brazilian subsea tie-back project

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

    Brazilian oil and gas company PRIO, formerly known as PetroRio, has brought online the first well at its subsea tie-back project in the Campos basin off the coast of Brazil.

  • ABL gets busy at Egyptian gas field

    23 February 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Energy and marine consultancy ABL has been selected for the provision of marine warranty survey services for the fourth phase of a gas field development offshore Egypt. ABL will deliver technical review and approval of all project documentation, procedures, drawings and calculations, as well as marine assurance and risk services for the proposed fleet, including […]

  • PRIO gets its hands on operating license for Brazilian subsea tie-back project

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

    Brazilian oil and gas company PRIO, formerly known as PetroRio, has picked up an operating license for a subsea tie-back project in the Campos basin off the coast of Brazil.

  • Petrobras coming aboard Equinor’s exploration block in Brazilian waters

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

    Brazilian state-owned energy giant Petrobras has decided to join Equinor Brasil Energia, a subsidiary of Norway’s state-owned energy giant Equinor, in an offshore block located in the Campos Basin off the coast of Brazil.

  • EIG enriches its portfolio with gas infrastructure in Peru

    23 December 2025
    Business & Finance, Business Developments & Projects

    Washington-headquartered EIG, through its managed investment vehicles, has acquired a stake from Canada Pension Plan Investment Board in Transportadora de Gas del Perú S.A. (TGP).

  • Worley Rosenberg to produce 34 subsea structures for Equinor’s field

    29 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Worley’s Rosenberg engineering, procurement and construction (EPC) center of excellence in Norway has secured a new contract with Subsea7 to fabricate subsea structures for Equinor’s oil & gas development in the northern North Sea. Worley Rosenberg will fabricate 34 subsea structures, mainly comprising pipeline end manifolds (PLEMs), pipeline end terminations (PLETs) and pig launchers and receivers (PLRs) […]

  • US hands over emergency special permit to Sable Offshore

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

    Sable Offshore, a Texas-headquartered oil and gas company, has received an emergency special permit for Santa Ynez pipeline system segments.

  • Seal of approval for Equinor’s drilling ops with Transocean’s 2016-built rig

    15 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norway’s state-owned energy giant Equinor has received clearance from the Norwegian authorities to conduct drilling activities on the Norwegian Continental Shelf (NCS) with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

  • Prysmian and Eni to recycle plastic cable scrap

    24 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vision

    Italian cabling giant Prysmian and Versalis, the chemical subsidiary of Italian energy giant Eni, have established a strategic partnership to give new life to plastic cable scrap through an innovative chemical recycling process. Srinivas Siripurapu, Chief Sustainability, Innovation and R&D Officer at Prysmian, said: “Thanks to this agreement, we will give new life to old […]

  • Eastern Green Link 2 gives back as second round of community fund opens

    28 May 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    The second round of funding for the Eastern Green Link 2 (EGL) project fund has opened for applications, targeting communities near the project that will transport clean electricity from Peterhead in Scotland to England via a 505-kilometer subsea cable. Developed by a joint venture of SSEN Transmission and National Grid Electricity Transmission, EGL2 involves the installation […]

  • BP executive becomes OMV’s first female CEO

    21 April 2026
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Austria-headquartered oil & gas player OMV has appointed BP executive Emma Delaney as its first female chief executive officer (CEO), succeeding Alfred Stern. Delaney has been appointed by OMV‘s Supervisory Board as the Chairwoman of the Executive Board and CEO as of September 1, and will assume the position for a three-year period with the […]

  • South Korean giant taps Wärtsilä for very large ethane carrier pair

    15 April 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Wärtsilä Gas Solutions, part of Finland’s technology group Wärtsilä, has been hired to supply certain equipment for two new very large ethane carrier (VLEC) vessels being built at South Korea’s Hyundai Heavy Industries (HHI) shipyard.

  • With well duo online, two more left to go into production mode in Brazil

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

    Brazilian oil and gas company PRIO, formerly known as PetroRio, has started production from the second well at its subsea tie-back project in the Campos basin off the coast of Brazil.

  • Prysmian to buy Spanish cable survey and installation solutions provider

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

    Italian cabling giant Prysmian Group is set to acquire ACSM, a Spanish provider of solutions for submarine cable installation, including subsea surveying, route planning and seabed preparation. Based in Vigo, ACSM has been operating for over 20 years across 60 countries, with over 350 employees. Its revenues in 2024 were €62 million and its EBITDA […]

  • $33.4 billion acquisition of AES filling financial coffers for Panamanian firms’ $4B lawsuit

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

    Sinolam, Panamanian companies with projects in the liquefied natural gas (LNG) and power generation sector, has provided its take on the acquisition of AES Corporation by a consortium led by Global Infrastructure Partners, part of BlackRock, viewing it through the lens of opportunity, as BlackRock’s bid for AES could open a new scenario for the firm’s multibillion-dollar lawsuit by bolstering the sued player’s financial standing.

  • Perenco enlarges its Southern North Sea asset arsenal

    14 April 2026
    Business & Finance, Business Developments & Projects

    Perenco UK (PUK), part of Anglo-French oil and gas player Perenco, has augmented its portfolio in the Southern North Sea, with the acquisition of two licenses on the UK Continental Shelf (UKCS).

  • Rock solid challenges: How jack-ups are adapting to tougher seabeds

    21 November 2025
    Business Developments & Projects, Vessels

    As offshore wind expands into new frontiers, jack-up vessels face increasingly difficult working environments. Beyond the sandy soils of the North Sea, projects are now being built on dense tills, coral limestone, and even exposed bedrock. These hard seabeds are testing the limits of conventional jack-up design and installation practices — and calling for new […]

  • TGS hangs out its shingle at new imaging center to serve projects in Asia-Pacific

    13 January 2026
    Business & Finance, Business Developments & Projects

    Norwegian energy data and intelligence company TGS has set up a new imaging center in Malaysia to render support for multi-client projects throughout the Asia-Pacific region. 

  • Fourth piece of Cheniere’s multibillion-dollar LNG puzzle crossing the finish line in Texas

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

    U.S. energy player Cheniere Energy has tucked a new milestone under its belt at its liquefied natural gas (LNG) facility, with the substantial completion of the fourth train, which is part of its expansion project on the La Quinta Ship Channel, along the north shore of Corpus Christi Bay in Texas, United States.