10000 results found for 'progress'

10000 results found for 'progress'
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  • US rubber-stamps oil transportation restart from asset offshore California

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

    Sable Offshore, a Texas-headquartered oil and gas company, has been given the thumbs-up to resume oil flow from its Santa Ynez Unit (SYU) and pipeline system off the coast of California to address supply disruption risks.

  • NOIA depicts Gulf of America as anchor of US energy independence and maritime strength

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

    A new report, published by the National Ocean Industries Association (NOIA), has painted the Gulf of America (Gulf of Mexico) as one of the world’s most valuable and dynamic offshore energy regions, spotlighting it as a critical engine of innovation, economic strength, and national security.

  • Odfjell presses play for Brazil-Europe green corridor as new zero-emission shipping step

    15 December 2025
    Business & Finance, Business Developments & Projects, Transition, Vessels

    Norway-headquartered Odfjell Group, a player in seaborne transportation and storage of chemicals and other specialty bulk liquids, has bankrolled and put into operation mode what it describes as the first operational green shipping corridor between Brazil and Europe.

  • 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 […]

  • New CEO days away from taking the reins at Karoon

    30 October 2025
    Business & Finance, Business Developments & Projects, Human Capital

    Karoon Energy, Australia’s oil and gas company, has revealed the name of its new Managing Director and Chief Executive Officer (MD and CEO), who will step into the role next month.

  • Ocean Winds sells stake in 500 MW French offshore wind farm to Allianz for €200 million

    23 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Ocean Winds, a joint venture of EDPR and Engie, has decided to sell a minority stake in the 500 MW Îles d’Yeu and Noirmoutier offshore wind farm in France to Allianz Global Investors. Under the agreement, Ocean Winds will sell a 20.25% stake in the project for an equity value of €200 million, implying an […]

  • US underwater robots to undergo lake testing before returning offshore

    27 October 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Technology

    U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics is planning to carry out testing of two of its Aquanaut autonomous underwater vehicles (AUVs) at the Advanced Ocean Systems (AOS) lake facility in Florida throughout the fall and winter months. The first robot was moved to the facility in Stuart in October, with […]

  • Up to $9B nearshore project on Arctic’s horizon with Polar LNG unleashing Alaska’s gas

    29 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Against the backdrop of the Middle East crisis, which led to regional energy infrastructure attacks and global supply shocks, Polar LNG (Polar Train LNG), a U.S. Arctic energy infrastructure company, has set its cap on advancing a nearshore liquefied natural gas (LNG) development project on Alaska’s North Slope to unlock the country’s natural gas resources and strengthen America’s energy security by expanding what is described as a reliable LNG supply to allied markets across the Pacific.

  • British Columbia says yes to $1.14 billion LNG storage expansion

    29 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Rules & Regulation

    FortisBC has secured the endorsement from the British Columbia Utilities Commission (BCUC), an independent regulatory body regulating BC’s energy utilities, basic automobile insurance rates, and intra-provincial pipeline rates, for the proposed storage expansion of its existing liquefied natural gas (LNG) facility on Canada’s Tilbury Island to safeguard the energy security of British Columbia and strengthen its gas supply chain.

  • Italy’s Fincantieri and NextGeo seal the deal for autonomous vehicle development

    29 October 2025
    Business & Finance, Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Technology

    Italian shipbuilding group Fincantieri, through its subsidiary Ingegneria dei Sistemi (IDS), and compatriot Next Geosolutions (NextGeo), have signed a memorandum of understanding (MoU) to establish a strategic collaboration for the development of unmanned surface vehicles (USVs) and related technologies for civil applications in the oil & gas and renewable energy sectors. Through the agreement, signed […]

  • Multimillion-dollar fine for EnQuest over 33 idle wells as UK cracks down on decom inactivity

    9 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Great Britain’s regulator, North Sea Transition Authority (NSTA), has hit London Stock Exchange-listed energy player EnQuest with a penalty over decommissioning failures related to 33 inactive wells.

  • Transocean rig drawing Beach Energy’s first chapter of Australian drilling campaign to a close

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

    Beach Energy is edging closer to the end of the first phase of its drilling program in Australian waters, which is being conducted by a rig owned by Transocean, an offshore drilling giant.

  • Exclusive interview with Yinson Production: Deepwater plays setting the stage for ‘robust’ FPSO and FSO market dynamics

    6 January 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    With Brazil, West Africa, Southeast Asia, and Namibia at the heart of its expansion quest and its frontier push revolving around carbon capture and low-carbon moves, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has set its cap on rolling out practical emissions-reduction solutions across its fleet of FPSOs.

  • U.S. LNG export project nears FID: Samsung Heavy Industries in charge of first FLNG with two more on the menu

    23 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Delfin Midstream has entrusted South Korea’s Samsung Heavy Industries (SHI) with the work on the first floating LNG (FLNG) unit for its American LNG project, which is under development in Louisiana, United States.

  • BP cheers ‘extremely encouraging’ results at Brazilian oil & gas discovery, appraisal on the cards in 2027

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

    UK-headquartered energy giant BP is moving forward with the evaluation of its hydrocarbon discovery off the coast of Brazil, with appraisal plans anticipated to be put in motion in 2027.

  • Stage getting set for sixth train at multibillion-dollar LNG project in Texas

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

    By kicking off the pre-filing process, Houston-headquartered NextDecade Corporation is putting the wheels into motion to add another train and expand its liquefied natural gas (LNG) export project under development in Texas, United States.

  • Oil & gas players unlocking $500 billion opportunity with AI and digitalization

    28 May 2026
    Automation, Business & Finance, Business Developments & Projects, Exploration & Production, IT & Software, Technology

    By employing digitalization and artificial intelligence (AI), Rystad Energy, an energy market intelligence group, has highlighted that exploration and production (E&P) companies could reap close to $500 billion in cumulative value between 2026 and 2030.

  • $44 billion Alaska LNG project scores new offtake deal with Japanese player

    27 October 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has boosted the commercial momentum of its Alaskan liquefied natural gas (LNG) export development through a deal with Japan’s energy utilities giant Tokyo Gas, representing the fifth agreement in seven months, totaling more than half of the project’s volume.

  • ABS, KRISO level up small modular nuclear reactors collab

    28 October 2025
    Collaboration, Outlook & Strategy

    ABS and KRISO have signed MOU to cooperate on the application of small modular reactors (SMRs) in the marine and offshore sectors.

  • JGC and Fluor cheer handover of second train at Canada’s mega LNG export project

    8 December 2025
    Business & Finance, Business Developments & Projects

    Japan’s JGC Holdings Corporation and its joint venture (JV) partner, Fluor Corporation, have wrapped up their work on the second train at a liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia, which is operated by LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi. 

  • First export cable in at Inch Cape offshore wind farm

    24 October 2025
    Business Developments & Projects

    The first of the two 85-kilometre export cables for the Scottish Inch Cape offshore wind farm has been installed by Enshore Subsea using the cable laying vessel (CLV) CMOS Installer. Operating from the Port of Blyth, the vessel laid the 220 kV, three-phase cable manufactured by Ningbo Orient Wires & Cables (Orient Cable) in three […]

  • BP fires up 7th major project: First oil achieved two months ahead of schedule in US Gulf

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

    BP has put into production mode an expansion project in the U.S. Gulf of America (Gulf of Mexico), as its seventh major upstream project that started up this year and the fifth to come online earlier than planned.

  • Oil & gas asset consolidation in full swing in UK North Sea: Harbour makes a play for Waldorf

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

    London-listed oil and gas company Harbour Energy has taken a step to bring into its fold all subsidiaries of Waldorf Energy Partners Limited (WEPL) and Waldorf Production Limited (WPL), currently in administration, for $170 million. This move will bolster Harbour’s portfolio in the UK sector of the North Sea.

  • Dry testing milestone brings Symphony’s wave tech closer to sea

    17 October 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders, Research & Development, Technology

    The Netherlands-based tidal and wave energy developer Symphony Wave Power has completed dry tests of its wave energy unit, marking a milestone in the company’s path toward offshore deployment in 2026. “What started as engineering on paper is now in motion, literally! These dry-tests mark a major milestone on our roadmap toward offshore deployment in […]

  • 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).