10000 results found for 'progress'

10000 results found for 'progress'
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  • Drilling ops set for April: Rig ends nearly 13K-nautical mile journey from Europe to Asia

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

    Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has confirmed the arrival of a jack-up drilling rig to Southeast Asia, where it will embark on drilling activities next year.

  • Deepwater energy project duo in Angola and Brazil getting Exail’s subsea tech

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

    Exail, a subsidiary of Exail Technologies, has been hired to provide its long baseline (LBL) subsea positioning systems for two undisclosed deepwater energy projects off the coasts of Brazil and Angola.

  • 20-year offtake deal with RWE in Texas LNG project’s bag

    19 January 2026
    Business & Finance, Business Developments & Projects

    Texas LNG Brownsville, part of Glenfarne Group, has landed a new multi-year deal with RWE Supply & Trading, one of Europe’s energy companies, for liquefied natural gas (LNG) to be supplied from its export facility planned to be constructed in the Port of Brownsville, Texas.

  • Cost cuts unlocked as DeepOcean unifies two subsea operations into one

    16 April 2026
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Technology

    DeepOcean has performed an inspection and 3D scanning of subsea infrastructure in a single operation rather than as two separate ones as typically done, at an offshore field in Senegal operated by Woodside Energy. DeepOcean has completed a full-field baseline subsea survey and a full 3D scan simultaneously for the first time at scale and […]

  • After Beam, Swiss technology group buys German subsea firm

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

    Swiss technology group Rosenxt Group is looking to strengthen its subsea capabilities with the acquisition of a Germany-headquartered provider of ocean bottom seismometers (OBS) and subsea monitoring technology. The combination of Rosenxt’s experience in asset integrity with K.U.M. Umwelt- und Meerestechnik Kiel’s field-proven monitoring and instrumentation systems is said to create an integrated offering for […]

  • Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job

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

    Luxembourg-domiciled Subsea7 has been tasked with work in the Santos Basin on a field development project, which is described as one of the largest pre‑salt expansion phases off the coast of Brazil.

  • ExxonMobil pays $2.32 billion for Guyana-based FPSO, SBM Offshore remains in charge of ops

    5 February 2026
    Business & Finance, Business Developments & Projects

    Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, and ExxonMobil Guyana, a subsidiary of the U.S.-headquartered energy giant ExxonMobil, have wrapped up the change of ownership process for a floating production, storage, and offloading (FPSO) unit, which is deployed off the coast of Guyana.

  • BP, ExxonMobil set on ramping up production at US Gulf oil & gas platform

    22 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-headquartered energy giant BP and its U.S.-based partner ExxonMobil have embarked on a quest to boost output at an offshore platform in the Gulf of America (U.S. Gulf of Mexico), thanks to a subsea pump development.

  • AET orders LNG dual-fuel Suezmax duo

    7 November 2025
    Business Developments & Projects, Infrastructure, Vessels

    AET has awarded shipbuilding contracts to South Korea’s Samsung Heavy Industries (SHI) for two LNG dual-fuel Suezmax tankers.

  • Ocean Harvesting Technologies appoints new COO

    3 November 2025
    Human Capital, Outlook & Strategy, Vision

    Sweden’s Ocean Harvesting Technologies has appointed Cody Bradway as the new Chief Operating Officer (COO), bringing experience from the marine, offshore, and renewable energy sectors to the Gothenburg-based wave energy developer. According to Ocean Harvesting Technologies, Bradway joined the company with a proven background in scaling operations and leading multi-site teams of over 50 people […]

  • Brussels endorses €200 million German scheme for Canadian hydrogen imports to EU

    16 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    The European Commission (EC) has cleared a €200 million German aid to boost Canadian-produced renewable hydrogen and its derivatives for the European market. This scheme will support the construction of up to 300 MW of electrolysis capacity.

  • Seatrium’s affiliate pursuing arbitration against Petrobras over FPSO deal

    10 February 2026
    Business & Finance, Business Developments & Projects

    Jurong Shipyard (JSPL), a wholly-owned subsidiary of Seatrium, a Singapore-headquartered provider of offshore, marine, and energy solutions, has initiated arbitration proceedings against Petrobras Netherlands (PNBV), a subsidiary of Brazil’s energy giant Petrobras.

  • Another ‘major’ North Sea decom job comes AF Offshore’s way

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

    AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been hired on a new decommissioning project on the UK Continental Shelf (UKCS) by Ithaca Energy, a North Sea oil and gas operator and producer.

  • FEED contract marks step forward in Mediterranean’s first CO2 storage project

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

    Dubai-headquartered engineering and services company Kent has won a front-end engineering design (FEED) contract with EnEarth, a subsidiary of the UK-based oil & gas company Energean, for a CO2 storage project in Greece. The Prinos CO2 storage project, the first of its kind in the Mediterranean that has secured environmental and storage permits, includes a facility that […]

  • Seadrill, Kongsberg Maritime, and Hanwha set on ushering in next gen remote DP tech for offshore drilling

    4 March 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    Three players – Seadrill, an offshore drilling contractor, Kongsberg Maritime (KM), a technology player, and Hanwha Drilling, a provider of offshore drilling services – have forged an alliance to develop the next generation of remote dynamic positioning (DP) technology to establish new standards for offshore drilling safety, efficiency, and centralized operations.

  • ‘World-first’ as ammonia-fuelled two-stroke engine passes quality assurance

    25 February 2026
    Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology, Transition, Vessels, Vision

    Swiss marine power company WinGD has completed what it says is the world’s first type approval (TAT) and factory acceptance testing (FAT) for an ammonia-fuelled two-stroke marine engine. Both TAT and FAT programs were completed last month, with testing of the X52DF-A-1.0 engine carried out at the HD Hyundai Heavy Industries’ Engine & Machinery (HHI-EMD) […]

  • Swedish firm gets nearly $105M order for subsea piece of Southeast Asian gas project

    10 June 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Alleima, a Sweden-headquartered manufacturer of high-value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating, has picked up a new multimillion-dollar assignment for subsea components that will be used to bring one of Indonesia’s major upcoming energy projects to life.

  • US Gulf oil production flow another well richer with more to come before year-end

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

    Beacon Offshore Energy, a Texas-based exploration and production company, has advanced two projects by bringing online a second well at a field in the Gulf of America (the U.S. Gulf of Mexico) and drilling another at a different development, which is anticipated to achieve first oil by the end of 2026.

  • Excelerate Energy’s FSRU finds job at Jordan’s LNG terminal ahead of Iraq gig

    7 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Excelerate Energy, a U.S.-based liquefied natural gas (LNG) and power infrastructure company headquartered in Texas, has secured a new assignment for its newbuild floating storage regasification unit (FSRU) at an LNG terminal in Jordan.

  • First oil gushes out from Azule Energy’s project in Angolan waters

    20 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has reached full field start-up off the coast of Angola by bringing online three oil production wells.

  • Two-week ceasefire deal putting Strait of Hormuz back in business

    8 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation, Safety, Vessels

    The U.S. President Donald J. Trump has made a deal with Iran to suspend further attacks for two weeks on the Middle Eastern country in exchange for the reopening of the Strait of Hormuz, which handles 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows.

  • Converter station built, offshore cable installation underway in France for interconnector to Ireland

    30 April 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    France’s Nexans has completed the first cable pull-in on the French side of the first interconnector between Ireland and France, following the initial campaign in Ireland.  Developed by French and Irish transmission system operators (TSOs) Réseau de Transport d’Électricité (RTE) and EirGrid, the Celtic Interconnector will be the first direct electricity interconnection between the European […]

  • Noble puts Axess on inspection and certification duty for rig quartet offshore Guyana

    7 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Noble Corporation, a U.S.-based offshore drilling giant, has entrusted Norway’s asset integrity management company Axess Group with the provision of inspection and certification services for four mobile offshore drilling units (MODUs), which are deployed off the coast of Guyana.

  • Petrobras widens its oil & gas footprint in Brazil’s Campos Basin

    28 April 2026
    Business & Finance, Business Developments & Projects

    Brazilian state-owned oil and gas giant Petrobras has taken steps to become the sole owner of a portion of the ring-fence of a field in BC-10 Concession in the Campos Basin, currently held by Shell Brasil Petróleo, a subsidiary of UK-headquartered Shell, ONGC Campos, a Brazilian arm of India’s energy giant ONGC, and Enauta Petróleo e Gás, an affiliate of Brazil’s Brava Energia.

  • New Asian oil & gas explorer emerges from Triangle Energy’s spin out move

    17 March 2026
    Business & Finance, Business Developments & Projects

    Western Australia-headquartered and ASX-listed oil producer and explorer Triangle Energy has decided to restructure its portfolio by carving out its assets in the Philippines to give birth to a new Asian-focussed oil and gas explorer through the proposed new ASX-listed Tetragon Energy.