10000 results found for 'progress'

10000 results found for 'progress'
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  • Australian firm secures milestone payment under EuropeWave contract

    13 November 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Australian wave energy developer Carnegie Clean Energy has received a €351,471 payment under its EuropeWave contract, following the completion of the system integration review for the ACHIEVE program. “Thank you to the EuropeWave Project Buyers Group for their continued support!” the company said in a social media post. The payment marks another milestone for Carnegie’s […]

  • BV to class Møre Sjø’s 2+2 hydrogen-powered cargo ships

    15 October 2025
    Certification & Classification, Infrastructure, Regulation & Policy, Vessels

    French classification society Bureau Veritas Marine & Offshore (BV) has entered into a contract with Turkish Gelibolu Shipyard and German technology company eCap Marine for the classification of 2+2 hydrogen-powered cargo vessels to be built for Norwegian shipowner Møre Sjø AS.

  • $4 billion LNG lawsuit going ahead as arbitration starts

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

    Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has decided to move forward with a lawsuit related to Panama’s liquefied natural gas (LNG)-to-power market by submitting an arbitration request under the International Centre for Settlement of Investment Disputes (ICSID) Convention against the Republic of Panama in connection with the cancellation of a license for a major gas-fired power generation project.

  • TGS wraps up three-year GeoStreamer X campaign off Norway

    23 March 2026
    Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Norwegian energy data and intelligence company TGS has wrapped up a three-year GeoStreamer X (GSX) acquisition and processing campaign in the Norwegian Sea. The campaign delivered the final Dual Azimuth products to clients, with the dataset providing a modern, high-resolution foundation for development, ILX and TLX exploration activities across one of Norway’s most prospective offshore […]

  • Jack-up rig comes to Ocean Oilfield’s shipyard

    30 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Abu Dhabi-headquartered Ocean Oilfield Integrated Solutions has confirmed the arrival of a jack-up rig owned by Arabian Drilling, said to be the largest onshore and offshore drilling company in Saudi Arabia by fleet size, to its Hamriyah Shipyard in Sharjah, United Arab Emirates (UAE).

  • Subsea7 to go offshore to recently sanctioned Norwegian oil redevelopment in 2027

    19 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Subsea7 has secured a subsea engineering, procurement, construction and installation (EPCI) contract with ConocoPhillips Skandinavia for the Previously Produced Fields (PPF) development project offshore Norway. The EPCI scope covers subsea structures, umbilicals, risers and flowlines (SURF) and will see engineering and project management begin immediately at Subsea7’s office in Norway, with the main offshore campaigns […]

  • Equinor picks OneSubsea for subsea compression upgrade

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

    OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured an engineering, procurement and construction (EPC) contract from Norwegian state-owned energy firm Equinor to upgrade the subsea compression system for the Gullfaks field in the Norwegian North Sea. SLB said that OneSubsea will deliver two next-generation compressor modules to replace the units […]

  • ‘Shipbuilding industry’s first’ robotic pipe fabrication facility opens in South Korea

    16 March 2026
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Project & Tenders, Vessels

    South Korea’s Samsung Heavy Industries (SHI) has launched what it says is the shipbuilding industry’s first robotic pipe spool fabrication facility, set to begin full-scale operations. The PIPE ROBOFAB facility is located in Haman County in South Gyeongsang Province, on a total area of 6,500 square meters, and is capable of producing approximately 100,000 pipe […]

  • ABL chosen to back Greece’s Ionian Islands interconnector project

    4 November 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Energy and marine consultancy ABL has been selected to support the installation of upgraded interconnectors in Greece that are set to improve the energy resilience of the Ionian islands. ABL will act as the marine warranty survey (MWS) services provider to support Hellenic Cables’ installation of submarine cables between Kefalonia and Zakynthos, and Lefkada and […]

  • Halliburton shakes hands with Shell for umbilical-less tubing hanger installation

    27 October 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Innovation, Outlook & Strategy, Technology

    U.S.-headquartered oilfield services player Halliburton has signed a framework agreement with UK-headquartered energy giant Shell for the provision of umbilical-less tubing hanger installation and retrieval services using its Remote Operated Control System (ROCS) technology. Halliburton describes ROCS as a compact, umbilical-less control system that replaces conventional hydraulic setups, which can reduce surface pressure risks and minimize […]

  • Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator

    5 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders

    Scotland-headquartered engineering and design company T12 Engineering is set to design and manufacture a 60-ton subsea modular structure for a Norwegian oil & gas operator. Under the contract defined as major, T12 Engineering will project manage the engineering, procurement, and construction (EPC) of the structure, scheduled for installation in the third quarter of the year, […]

  • 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, […]

  • Stena Bulk offloads 2017-built oil tanker seven months after North Sea allision

    27 October 2025
    Business & Finance, Business Developments & Projects, Vessels

    Swedish tanker shipping company Stena Bulk has found a buyer for its eight-year-old oil tanker, which caught fire because of a collision with a Portuguese container ship in the North Sea, north of England.

  • ‘Large’ contract takes Fugro to Indonesian deepwater gas development

    17 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Fugro has secured a contract with UAE-headquartered energy company Mubadala Energy for the delivery of advanced soil investigations at a deepwater gas development offshore North Sumatra, Indonesia. Under the contract defined as large and awarded by Mubadala Energy (South Andaman) RSC Limited, Fugro will acquire the geo-data for the South Andaman Deepwater Development by using […]

  • HD Hyundai and Siemens ink pact to ‘boost’ innovation in US shipbuilding

    3 November 2025
    Business Developments & Projects, Collaboration

    South Korea’s shipbuilding heavyweight HD Hyundai and German multinational technology conglomerate Siemens have penned an agreement to speed up the digitalization and modernization of the United States’ vessel construction industry. Under the memorandum of understanding (MoU) that the two companies have signed, HD Hyundai and Siemens will reportedly work to combine digital and automation technologies […]

  • 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.

  • 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.

  • 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.

  • DOF continues its winning streak with Petrobras with two new contracts

    15 October 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vessels

    Norwegian vessel owner DOF Group has secured two new long-term contracts with Brazil’s state-owned energy company Petrobras that have a combined value of approximately $200 million. Skandi Chieftain and Skandi Olympia have been awarded four-year charters, with both vessels to operate with one work-class remotely operated vehicle (WROV). Delivery is expected in October 2026. The […]

  • Isle of Man-based firm on the lookout for partner to join Uruguay’s oil & gas exploration block

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

    Following the handover of the operator role for one block, Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company, has embarked on a search for a partner at another block off the coast of Uruguay to share costs ahead of the anticipated drill or drop decision.

  • 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.

  • 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.

  • Canada’s first large-scale LNG export project firing on all cylinders as it ignites second train

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

    LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has put into operation mode the second train at its liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia.