10000 results found for 'progress'

10000 results found for 'progress'
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  • 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 […]

  • Worley gets technical advisor role for New Zealand’s LNG import terminal

    18 February 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Project & Tenders

    New Zealand’s Ministry of Business, Innovation and Employment (MBIE) has selected Australia’s engineering company Worley as client engineer and technical advisor for the development of the country’s liquefied natural gas (LNG) import terminal. Worley will support the ministry through the procurement and delivery phases of the LNG import terminal by providing independent technical advice, specification […]

  • Construction continues for French full-scale wave energy demonstrator

    6 April 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Transition

    Wave-Op, a joint venture between the Legendre Group and Geps Techno dedicated to innovation in coastal and port infrastructure, is progressing the construction of its first full-scale demonstrator for what it describes as a unique wave-powered system, combining coastal protection and renewable electricity generation in Boulogne-sur-Mer, France. The company expects to step up the port infrastructure decarbonization game with this project.

  • Taiwanese wave energy project secures land lease

    23 March 2026
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vision

    Eco Wave Power’s 100 kW onshore wave energy pilot project in Taiwan has secured a land lease for the planned project site. Eco Wave Power’s Taiwanese partner I-Ke International Ocean Energy, a subsidiary of Lian Tat Company, in December signed the land lease agreement with Suao Port Company for the installation of a wave energy […]

  • MISC makes its first foray into Papua New Guinea with ExxonMobil’s FSO deals

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

    MISC, Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services, has signed on the dotted line with ExxonMobil PNG (EMPNG), a subsidiary of the U.S.-based energy giant ExxonMobil, for a new floating storage and offloading (FSO) unit, which is destined to work at a liquefied natural gas (LNG) project located in Papua New Guinea, Oceania.

  • Valaris drillship spins the drill bit at Equinor’s $9 billion Brazilian gas project

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

    Norway’s state-owned oil and gas giant Equinor has kicked off drilling activities at its natural gas project off the coast of Brazil with a drillship owned by Valaris, a Bermuda-headquartered offshore drilling contractor.

  • BP fires up more gas wells off Trinidad as terminal electrification works continue in Azerbaijan

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

    While construction activities for its terminal electrification project are underway in Azerbaijan, the UK-headquartered energy giant BP has drilled and put into production mode three remaining wells in its seven-well drilling campaign off the coast of Trinidad and Tobago.  

  • HYDS forges ahead with green hydrogen production projects

    6 November 2025
    Business Developments & Projects, Project & Tenders

    Hydrogen Solutions (HYDS) has reached final investment decisions (FIDs) for its two green hydrogen production projects, HyFuel and Kaupanes Hydrogen, advancing them into the construction phase.

  • VARD delivers newly converted seismic source vessel to Sanco Shipping

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

    Norway’s VARD has delivered the seismic source vessel Sanco Sailor to compatriot Sanco Shipping, following the completion of conversion from a seismic research vessel. Sanco Shipping purchased Sanco Sailor in July 2025, at the time named PGS Apollo, after which the 2010-built, 106.6-meter-long vessel set sail directly to Vard Langsten to undergo extensive conversion. Since […]

  • Indeximate receives DNV feasibility green light for subsea cable health monitoring platform

    9 December 2025
    Innovation, Technology

    Indeximate, a UK-based provider of fiber optic sensing technology for predictive maintenance of offshore wind subsea cables, has received a DNV Statement of Feasibility for its Scattersphere cable health monitoring platform, the company said on December 3. The platform was granted the Statement of Feasibility under the DNV-RP-A203 Technology Qualification framework, confirming the system’s technical […]

  • Five-year Asian drilling gig comes Velesto rig’s way

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

    Malaysia’s Velesto Energy, owner of premium jack-up rigs, has landed a multi-year drilling assignment for one of its rigs with Petronas Carigali, a subsidiary of the Asian country’s energy giant Petronas.

  • Chevron marks 2,000th LNG cargo from Australian gas project

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

    Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has celebrated a new achievement at its giant gas project off the northwest coast of Western Australia (WA), with another liquefied natural gas (LNG) cargo.

  • 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 […]

  • TechnipFMC scores a win with BP offshore US

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

    TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract by BP for a greenfield development in the Gulf of America (the U.S. Gulf of Mexico). The contract for the 20,000 psi (20K) Tiber project has been defined as large, which TechnipFMC says is worth between $600 million and $800 million. This direct […]

  • Shell tasks Velesto with deepwater ops support in Malaysia

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

    Sabah Shell Petroleum Company (SSPC), the Malaysian business arm of the UK-headquartered energy giant Shell, has hired Velesto Workover, a subsidiary of Malaysia’s Velesto Energy, to assist during its deepwater activities off the coast of Sabah.

  • Ireland handpicks spot for FSRU gas reserve to stave off supply shortfalls

    28 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Emerald Isle has unveiled the location where its new strategic gas reserve (SGER) will be situated as a floating storage and regasification unit (FSRU). This FSRU will be owned and operated on behalf of the Irish state by Gas Networks Ireland, which operates and maintains Ireland’s €3 billion, 14,758 kilometers national gas network, said to be one of the safest and most modern renewables-ready gas networks in the world.

  • BW LNG’s second vessel kicks off its gig with Norwegian energy giant

    5 March 2026
    Business & Finance, Business Developments & Projects, Vessels

    BW LNG, part of BW Group, has confirmed the start of work for the second of two new liquefied natural gas (LNG) vessels with Norway’s state-owned energy giant Equinor.

  • Four offshore EPCI projects strengthen Lamprell’s foothold in Saudi Arabia

    22 December 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    Offshore fabrication contractor Lamprell has expanded its operations in the Kingdom of Saudi Arabia with four offshore engineering, procurement, construction and installation (EPCI) contracts secured earlier this year. Lamprell’s combined scope across the four projects includes the installation of new platforms, subsea structures, pipelines and cables, as well as platform and infrastructure upgrades, trenching and full […]

  • TotalEnergies widens its oil & gas portfolio offshore Namibia with new license

    6 February 2026
    Business & Finance, Business Developments & Projects

    France’s energy giant TotalEnergies has taken steps to expand its footprint off the coast of Namibia with the acquisition of a new license.

  • Wärtsilä, Abu Dhabi Maritime Academy working together on maritime industry’s sustainability

    17 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels, Vision

    Finnish technology group Wärtsilä and Abu Dhabi Maritime Academy (ADMA) have signed a memorandum of understanding (MoU) to collaborate on decarbonization targets, digitalization goals, smart port solutions and training to support the maritime industry’s transition to sustainable operations. “This collaboration would leverage Wärtsilä’s experience and expertise to deliver meaningful value to the marine industry. The […]

  • 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.

  • Construction of Canada’s multibillion-dollar LNG project nears 60%

    21 January 2026
    Business & Finance, Business Developments & Projects

    With the arrival of two massive modules, Woodfibre Management, a privately held Canadian company based in Vancouver, has made further progress in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project under development in British Columbia, Canada.

  • As Paratus closes its jack-up shop, Borr Drilling’s Mexican JV welcoming five rigs

    24 March 2026
    Business & Finance, Business Developments & Projects

    Fontis Finance, an indirect subsidiary of Bermuda-headquartered Paratus Energy Services, is offloading its drilling operations and jack-up fleet to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a newly established 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner in Mexico.

  • NH3 Clean Energy’s flagship ammonia project moves forward

    28 October 2025
    Authorities & Government, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Research & Development

    The Department of Energy and Economic Diversification (DEED) of the Government of Western Australia (WA Government) has confirmed the approval of NH3 Clean Energy’s flagship WAH2 clean ammonia project for facilitation support under the Lead Agency Framework.

  • Oil & gas duo in talks with Guyana over exploration and appraisal work at offshore block

    14 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, and its partner, Israel’s Navitas Petroleum, are engaged in discussions with Guyana’s Ministry of Natural Resources (MNR) to enable the continuation of the appraisal and exploration program in an offshore block.