10000 results found for 'progress'

10000 results found for 'progress'
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  • 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).

  • Italian shipbuilding major unveils its first underwater drone system

    24 October 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Safety, Technology

    Italian shipbuilding group Fincantieri has launched its first underwater drone system for the protection of critical underwater infrastructure in both civil needs and defense and security applications. The DEEP platform consists of a network of underwater sensors for early warning, a command and control center for real-time operational management, a team of autonomous underwater vehicles […]

  • 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 […]

  • Seatrium entrusts another Swiss firm with work on Brazil-bound FPSO duo

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

    Seatrium has hired Sulzer, a Switzerland-headquartered sustainable flow control innovation player, to provide pump packages for two next-generation floating production storage and offloading (FPSO) vessels, destined to be deployed at assets operated by Brazil’s state-owned energy giant Petrobras.

  • Big Oil vs climate advocates on US offshore leasing plan: Key to energy security and jobs or coastal economy threat

    21 November 2025
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    The Trump administration’s draft five-year offshore leasing plan continues to run the gauntlet of commentators’ reactions, sparking both applause and outrage. While some are calling it vital for national security, energy independence, and job creation, others see it as a major risk that could jeopardize the $250 billion coastal economy and millions of jobs in […]

  • Advent advances EU-funded renewable hydrogen technologies project

    3 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Innovation, Project & Tenders, Regulation & Policy, Research & Development, Technology

    U.S. Advent Technologies Holdings’ wholly-owned Greek subsidiary, Advanced Energy Technologies, has submitted five required deliverables to the European Climate, Infrastructure, and Environment Executive Agency (CINEA) and is preparing to submit the first progress report in September, covering the initial six months of its EU-funded Renewable Hydrogen Innovative Technologies (RHyno) project.

  • Fugro wraps up surveys for 330 MW offshore wind farm in Italy

    20 November 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Research & Development

    Fugro has completed geophysical and archaeological surveys for Energia Wind 2020 to support the development of the 330 MW Rimini offshore wind farm.  The survey covered both the wind farm site and the export cable corridor, located approximately 12 nautical miles (approximately 22 kilometers) off the coast of Rimini in the Adriatic Sea. Fugro deployed two […]

  • 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.

  • 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.

  • Seal of approval for Vår Energi’s oil & gas drilling ops in North Sea

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

    Vår Energi has secured the go-ahead for drilling activities in the North Sea, off the coast of Norway.

  • 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.

  • Safety-first approach halts Weco’s wave energy device North Sea deployment

    28 October 2025
    Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders, Research & Development, Safety, Technology

    The Hague-based Wave Energy Collective’s (Weco) Kaizen 2.0 wave energy prototype underwent testing in the North Sea last week, marking an important phase in the company’s ongoing development process. According to the team, preparations for the test were thorough, with favorable weather conditions, approved procedures, and all hardware ready for deployment. However, the installation was […]

  • OneSubsea equipment to prolong life of two deepwater projects off Malaysia

    30 October 2025
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Outlook & Strategy, Project & Tenders

    OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured two engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP), Thailand’s national oil & gas player, for the expansion of two fields offshore Malaysia. Under the contracts defined as sizeable, SLB OneSubsea will deliver comprehensive subsea […]

  • 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).

  • DP World, MPA team up on Contrecœur container terminal development

    9 September 2025
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    As part of the Canada’s Port of Montreal expansion project in Contrecœur, the Montreal Port Authority (MPA) and terminal operator DP World in Canada, a joint venture between DP World and La Caisse, have entered into a joint development agreement for the design of the land-based works of the future container terminal.

  • Geotechnical surveys wrap up at Ørsted’s 1.4 GW offshore wind project in South Korea

    23 October 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Fugro UST21, a joint venture between Fugro and Underwater Survey Technology 21 (UST21), has completed offshore geotechnical site investigations for Ørsted’s 1.4 GW Incheon offshore wind farm in South Korea. Fugro’s geo-data will support the design of foundations and cable routes across the whole development area of the Incheon offshore wind project. The work covers […]

  • Canada’s first large-scale export project sends off another LNG cargo

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

    With another liquefied natural gas (LNG) cargo out of the way, LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has reached a new milestone at its giant LNG export terminal in Kitimat, Canada’s British Columbia. 

  • 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.

  • Survey underway at Italy’s first CCS project

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

    An offshore geophysical monitoring survey has commenced at the first carbon capture and storage (CCS) project in Italy, which will use depleted natural gas fields in the Adriatic Sea for the storage of CO2 from industrial districts. Bologna-based offshore survey and geoscience company Lighthouse Geo, part of Enviros Group, is carrying out the survey activities […]

  • ‘Abundant’ gas resources spur JERA to explore offtake from Alaskan LNG project

    11 September 2025
    Business Developments & Projects, Project & Tenders

    Glenfarne Alaska LNG, a subsidiary of U.S. energy player Glenfarne Group, has signed a letter of intent (LoI) with Japan’s JERA for the sale of liquified natural gas (LNG) from its future project in Nikiski, Alaska.

  • Canary Islands name wave-powered desalination project of strategic importance

    28 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology, Vision

    The Government of the Canary Islands has declared the DESALIFE project a strategic initiative for the region, recognizing it as a “highly innovative and sustainable project, with strong strategic relevance and proven technical feasibility.” According to Ocean Oasis, this recognition marks a milestone for the project, as it transitions from technology validation to industrial deployment. […]

  • Hyundai Motor breaks ground on hydrogen fuel cell facility in South Korea

    6 November 2025
    Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Transition

    Hyundai Motor Company, a subsidiary of South Korean conglomerate Hyundai Motor Group (HMG), has held a groundbreaking ceremony for its new hydrogen fuel cell production plant in Ulsan, South Korea.

  • Middle East conflict affects around 15% of TotalEnergies’ total output

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

    France-headquartered energy giant TotalEnergies has provided insight into the impact the ongoing conflict between the U.S.-Israel alliance and Iran is having on its activities, highlighting its expectations of being able to offset the loss caused by the production halt in the Middle East with higher oil prices.