10000 results found for 'progress'

10000 results found for 'progress'
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  • Shell and Equinor take ‘key step’ to set up their UK North Sea JV with CEO appointment

    8 September 2025
    Business & Finance, Business Developments & Projects, Human Capital

    As Adura, an incorporated joint venture (IJV) of the UK’s Shell and Norway’s Equinor, continues making progress in securing regulatory approvals, the two energy heavyweights have unveiled the name of the JV’s chosen Chief Executive Officer (CEO).

  • Weco secures support to advance scalable wave energy solutions

    12 November 2025
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Technology

    The Hague-based Wave Energy Collective (Weco) has raised €600,000 to accelerate the development and testing of its modular wave energy technology. According to Weco, the investment comes from the Netherlands Enabling Water Technology fund (NEW-ttt), Init Power, and Cyriel de Jong. The company said that it will use the funding to advance open sea trials […]

  • Shell, Equinor, TotalEnergies issue first Northern Lights CO2 storage certificates

    10 December 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Outlook & Strategy, Project & Tenders, Transition, Vessels

    The Northern Lights joint venture (JV), encompassing oil majors Shell, Equinor, and TotalEnergies, has issued the first storage certificates for CO2 permanently stored in the Aurora reservoir in the North Sea, documenting the quantities of CO2 transported and stored. The first CO2 volumes were transported in August through the 100-kilometer pipeline and injected into the Aurora offshore reservoir 2,600 meters below the North Sea seabed offshore […]

  • Spain: Record 22-meter suction sail installed on general cargo vessel (Video)

    17 December 2025
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Spanish bound4blue has completed the installation of what it says is the largest suction sail ever fitted to a general cargo vessel for Dutch shipping company Amasus. Bound4blue and Amasus Shipping completed the installation of a 22-meter eSAIL on the general cargo vessel Fluvius Tavy at Astander Shipyard in Santander, Spain, marking their second such […]

  • IKM Testing to gauge pipeline for first offshore CCS project in UK

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

    North east Scotland-based IKM Testing UK has been appointed to deliver pipeline pre-commissioning services for the UK’s first offshore carbon capture and storage (CCS) project, being developed on England’s east coast. Developed some 75 kilometers east of Flamborough Head, the Northern Endurance Partnership (NEP) project will comprise an onshore CO2 gathering network, compression facilities and a 145-kilometer offshore […]

  • Liquid Wind set to commercialize FlagshipTHREE e-fuel facility

    20 October 2025
    Business Developments & Projects, Project & Tenders

    Swedish e-fuel plant developer Liquid Wind has reached a new milestone in the development of its large-scale facility in Umeå, FlagshipTHREE, having finalized agreements for its commercialization.

  • EDF developing offshore hydrogen production project in French EEZ

    28 November 2025
    Business Developments & Projects, Project & Tenders

    EDF Power Solutions has invited applications for a tender for Environmental Impact Assessment (EIA) services and hazard studies as part of a project to develop an offshore hydrogen production station in France’s Exclusive Economic Zone (EEZ). The project, dubbed HYODE (HYdrogen Offshore DunkerquE), will produce green hydrogen by coupling offshore wind farms with an offshore […]

  • Tank insulation system for LNG and ammonia-fueled vessels receives ClassNK’s blessing

    3 December 2025
    Business & Finance, Business Developments & Projects, Innovation, Vessels

    With the maritime industry facing the pressing challenge of decarbonization, the development of alternative fuel vessels powered by liquefied natural gas (LNG) and ammonia is gaining momentum, as illustrated by an approval in principle (AiP) Japan’s classification society ClassNK has granted for Spray form insulation system of IMO Type B tank for LNG and ammonia fuel.

  • DNV: The stage is set for next phase of maritime energy transition

    11 September 2025
    Market Outlooks, Outlook & Strategy

    Shipping’s energy transition is entering a new phase—one defined by strategic investment, accelerating fleet readiness, and emerging regulatory developments. This has been highlighted in the new edition of DNV’s Maritime Forecast to 2050.

  • Acting CFO steps in at Santos as predecessor quits ‘to pursue other interests’

    14 October 2025
    Business Developments & Projects, Human Capital

    Australian energy player Santos has appointed an acting Chief Financial Officer (CFO) following the current CFO’s resignation.

  • Two final bids in the run for Denmark’s €3.84 billion carbon capture and storage fund

    4 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Outlook & Strategy, Project & Tenders, Regulation & Policy, Storage, Transition, Vision

    The Danish Energy Agency has received two final bids for the DKK 28.7 billion (around €3.84 billion) fund for carbon capture and storage (CCS) aimed at helping the country reach its climate goals. Sixteen projects applied to be prequalified for this third CCS pool, of which ten were prequalified in May 2025. Eight of the […]

  • Australia ups energy ante: LNG project ready for start-up, FPSO weeks away from first gas

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

    Australian energy player Santos has shed light on the progress made in bringing its oil, gas, and liquefied natural gas (LNG) projects to life, with one project reaching the stage where all the pieces are in place to come online, another is fast approaching the same level, and the third one in Alaska is moving its first oil timeline forward to hit this milestone sooner than anticipated.

  • HIF Global advances plans for e-fuels facility in Tasmania

    8 September 2025
    Business Developments & Projects, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development

    HIF Global has announced plans to locate its Tasmania e-fuels facility at the former Burnie Paper Mill site in South Burnie.

  • New CEO taking the helm at Tullow

    5 September 2025
    Human Capital

    UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has appointed a new Chief Executive Officer (CEO).

  • Brazilian oil field’s story unfolds: Rig lease and multimillion-dollar financing of FPSO revamp in place

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

    Oslo-listed oil and gas E&P player BW Energy has moved forward with its plans for an oil field in the Campos Basin off the coast of Brazil, thanks to the completion of financing for the refurbishment of a floating production, storage, and offloading (FPSO) unit and a short-term lease of a development rig.

  • TGS at work offshore Africa and in US Gulf

    11 February 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Norwegian energy data and intelligence company TGS has commenced two new offshore acquisition campaigns, one in Angola and the other in the Gulf of America. In a strategic collaboration, TGS and SLB announced on February 10 the launch of Engagement 9, the latest phase of the companies’ ocean bottom mode (OBN) multi-client campaign in the […]

  • Drillship comes to Africa for Türkiye’s first deepwater drilling foray abroad

    10 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Türkiye’s Ministry of Energy and Natural Resources has confirmed the arrival of a seventh-generation drillship to Somalia, where it is expected to kick off hydrocarbon offshore exploration activities and spud what is described as the world’s second-deepest offshore well.

  • Petrobras expands Brazilian oil & gas offshore acreage with two blocks

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

    Petrobras has enlarged its oil and gas footprint in Brazilian waters with two blocks, secured in the public session of the 3rd Cycle of the Open Acreage of Production Sharing (OPP) conducted by the Brazilian National Agency of Petroleum, Natural Gas, and Biofuels (ANP).

  • Saipem cheers first gas milestone on rig-turned-FPU at Eni’s African project

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

    Italy’s engineering, drilling, and construction services giant Saipem has confirmed the achievement of first gas at an asset that was recently converted from a semi-submersible drilling rig into a floating production unit (FPU) deployed at Eni’s liquefied natural gas (LNG) project off the coast of Congo, Africa.

  • Norway-made adaptive mooring technology pilot installed at Portuguese testing site

    19 March 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Research & Development

    Oslo-headquartered Fred. Olsen 1848 has completed the pilot installation of automatic Tension Buoys at Europe’s first open-access laboratory dedicated to testing technologies for floating and hydro solar power generation, an adaptive mooring technology designed to ensure stability and performance for FPV systems under large water level variations. Fred. Olsen 1848 announced the pilot installation of […]

  • BP is on a roll with sixth major project up and running: More North Sea oil & gas unlocked

    9 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-headquartered energy giant BP has brought online an oil and gas field in the North Sea, which is developed as a subsea tie-back to an existing platform on the UK Continental Shelf (UKCS).

  • Orbital Marine Power gets €8M investment boost for tidal energy development

    10 December 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Technology

    Scottish renewable energy company Orbital Marine Power has secured a £7 million (around €8 million) investment to support its international commercial tidal stream projects, following new tidal energy licenses in Canada. Venture-focused investment firm PXN Ventures, the combined VC arm of Praetura Ventures and Par Equity, has joined existing shareholders, including Scottish Enterprise, to invest in […]

  • Venture Global and Edison put LNG arbitration battle behind them

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

    Against the backdrop of the geopolitical upheaval caused by the Middle East conflict, Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has resolved its arbitration dispute with Edison regarding its LNG facility in Louisiana, United States.

  • Petronas hand-picks FPSO for Asian hydrocarbon redevelopment project

    2 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    OceanSTAR Engineering Holding, part of Singapore-headquartered OceanSTAR Elite group of companies, has secured a new deal with Petronas Carigali (PCSB), a subsidiary of Malaysia’s energy giant Petronas, for the provision of lease, operation and maintenance of a floating production, storage, and offloading (FPSO) unit.

  • EU endorses 235 cross-border energy projects to scale up electricity, hydrogen, and CO2 infrastructure

    4 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common interest (PCIs) and projects of mutual interest (PMIs).