10000 results found for 'progress'

10000 results found for 'progress'
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  • NH3 Clean Energy kicks off FEED phase for flagship ammonia project

    27 August 2025
    Business Developments & Projects, Project & Tenders

    Australian company NH3 Clean Energy has launched the front-end engineering and design (FEED) phase of its flagship clean ammonia project WAH2, with approval and commercial workstreams underway.

  • Oil oversupply risks and global crude trade realignment loom with Venezuela’s regime change

    6 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    As Venezuela faces a regime change, the country’s production recovery is staring at a decade-long timeline despite near-term supply gains, according to Wood Mackenzie, an energy intelligence group, which believes that additional Venezuelan barrels could pressure Brent prices below mid-to high $50 per barrel (bbl) of oil in the first quarter of 2026 amid oversupply and also realign flows, diverting Middle East heavy barrels to Asia and intensifying competition for Canadian crude in the U.S. Gulf Coast.

  • Green light for $1.8 billion oil redevelopment in Norwegian waters

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

    ConocoPhillips, and its partners, Vår Energi, Orlen Upstream Norway, and Petoro, have sanctioned a project on the Norwegian Continental Shelf (NCS) that aims to extend the life of the Greater Ekofisk Area (GEA) through the redevelopment of previously produced fields (PPF) to enhance production capabilities and ensure long-term value creation off the coast of Norway. 

  • Time slipping away to develop one of Norway’s largest untapped gas discoveries

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

    The Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has taken steps to carry out a study of one of the largest undeveloped gas discoveries on the Norwegian Continental Shelf (NCS) to speed up the process of attracting interest in its development while the infrastructure is still in place to do so.

  • Texas-based oil & gas firm demands $347M in damages from Golden State over pipeline halt

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

    As a pipeline shutdown saga continues in California, Sable Offshore, a Texas-headquartered oil and gas company, is looking to get hundreds of millions in damages as part of the escalation of its dispute with the California Coastal Commission.

  • CCUS takes center stage in Norway’s new national innovation hub

    28 October 2025
    Carbon Capture Usage & Storage, Collaboration, Transition

    Norway has launched a brand-new, national innovation cluster surrounding carbon capture, utilization and storage (CCUS), which brings together a number of the country’s ‘prominent’ players from this field. Dubbed the CCUS Innovation, the cluster was reportedly set up via the Norwegian Innovation Clusters (NIC) program, a government-backed initiative run jointly by Innovation Norway, state enterprise […]

  • Everllence claims ‘world’s first’ methanol engine retrofit onboard COSCO boxship

    30 October 2025
    Business Developments & Projects, Collaboration, Equipment, Technology, Vessels

    German engine maker Everllence (formerly MAN Energy Solutions) has completed what it hails as “the world’s first” conversion of its two-stroke engine to dual-fuel methanol running, following the sea trials wrap-up of a 20,000 TEU containership owned by China’s COSCO Shipping Lines. As informed, the vessel in question is the 200,000 dwt COSCO Shipping Libra. […]

  • Hapag-Lloyd names final LNG dual-fuel Hamburg Express class newbuild

    29 October 2025
    Infrastructure, Vessels

    German container shipping major Hapag-Lloyd has named its final Hamburg Express class vessel, marking the completion of the 24,000 TEU newbuild series.

  • Everllence: Two-stroke ammonia engine poised for maritime debut

    14 November 2025
    Equipment, Technology

    A two-stroke ammonia engine manufactured by German marine engine producer Everllence (formerly known as MAN Energy Solutions) is all but ready to hit the maritime industry market. As disclosed on November 13, Everllence’s dual-fuel ME-LGIA (-liquid gas injection ammonia) engine, which was unveiled for the first time at a recent maritime conference, is now prepared […]

  • Wheels up for CB&I to bring Petrofac’s Asset Solutions business into its fold

    25 December 2025
    Business & Finance, Business Developments & Projects

    CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has made a play for Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning services for onshore and offshore energy assets. This move is expected to enable the buyer to diversify and enlarge its footprint through integrated solutions, earnings growth, and geographic expansion.

  • IAPH and CLIA strengthen ties on sustainability, shore power and future-ready port planning

    16 October 2025
    Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    ​The International Association of Ports and Harbors (IAPH) and Cruise Lines International Association (CLIA) have signed a memorandum of understanding (MoU) in an effort to strengthen cooperation on sustainability, shore power and future-ready port planning.

  • Green light for Vår Energi to spud North Sea exploration well

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

    Vår Energi, Norway’s oil and gas player, has obtained the Norwegian authorities’ blessing for drilling activities in the North Sea off the coast of Norway.

  • Valaris rig spuds Angola’s inaugural non-associated gas development for Azule

    13 October 2025
    Business Developments & Projects, Exploration & Production

    Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has started drilling the first well in what is said to be Angola’s first non-associated gas development.

  • Go-ahead clears path for Odfjell Drilling-managed rig’s ops in Norway

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

    Norway’s oil and gas company OKEA has secured the Norwegian authorities’ blessing for drilling activities in the Norwegian Sea, which is expected to be undertaken using one of Odfjell Drilling-managed semi-submersible rigs.

  • Appraisal of black gold discovery coming up next year in Gulf of America

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

    Houston-based energy player Talos Energy is setting the stage to undertake appraisal activities in 2026 at its recent oil discovery in the Gulf of America (U.S. Gulf of Mexico), which was drilled with a drillship owned by Seadrill, an offshore drilling contractor.

  • TenneT completes 700 MW grid connection program as Dutch offshore grid receives readiness certificate

    28 October 2025
    Business Developments & Projects, Infrastructure

    Dutch transmission system operator (TSO) TenneT has completed its 700 MW offshore grid connection program with the grid readiness certification now in place for the Hollandse Kust West Beta connection, the company said on October 28. The certification marks the completion of the last three 700 MW Hollandse Kust offshore grid connections in the Dutch […]

  • 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.

  • New gas supply key to staving off shortfalls looming on Australia’s energy horizon

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

    As Australia takes steps to up its natural gas ante, Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has emphasized the importance of further exploration and production endeavors to avert potential gaps in gas supply from 2030.

  • Green ammonia offtake deal strengthens India-Europe supply corridor

    13 January 2026
    Business & Finance, Business Developments & Projects, Transition

    German energy player Uniper has sealed a renewable ammonia offtake agreement with AM Green Ammonia, a partnership among AM Green, Gentari, GIC and Abu Dhabi Investment Authority (ADIA).

  • UK spotlights British steel, AI, shipbuilding, and energy infrastructure as priority for govt deals

    26 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, IT & Software, Regulation & Policy, Technology, Vessels

    The United Kingdom (UK) has made a move to designate British shipbuilding, steel, artificial intelligence (AI), and energy infrastructure as priority sectors for government contracts, as these are perceived to be key industries required to ensure national security.

  • 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.

  • TotalEnergies and BluEnergies join forces to unlock deepwater fan play offshore Liberia

    15 January 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    A Liberian upstream subsidiary of France’s energy giant TotalEnergies (TTE) has struck an industry-standard joint study and application agreement (JSAA) with BluEnergies (BLU), a Canadian-based international oil and gas exploration and development company with a focus on operations in West Africa, to explore the prospectivity of a deepwater fan play in the Harper Basin off the coast of Liberia.

  • Hamburg Declaration: North Sea countries target 100 GW of cross-border offshore wind, boost to green hydrogen

    26 January 2026
    Authorities & Government, Regulation & Policy

    Energy ministers from nine North Sea countries signed the ‘Hamburg Declaration’ at the North Sea Summit in Hamburg on January 26, agreeing to work towards up to 100 GW of cross-border offshore wind capacity in the North Seas by 2050, while also advancing offshore renewable hydrogen as part of a more integrated regional energy system. […]

  • With extension in effect, XRG-led consortium hammers away at $19B Santos takeover terms

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

    Australia’s energy player Santos has signed up for a multi-week extension of the deadline set for negotiations regarding an $18.7 billion non-binding indicative offer received from a consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle.

  • Baker Hughes tech selection brings Louisiana LNG plant closer to FID

    27 August 2025
    Business Developments & Projects, Project & Tenders

    Commonwealth LNG, a firm controlled by the energy-focused alternative investment manager Kimmeridge, has given its blessing for technology by Baker Hughes to be used at its liquefied natural gas (LNG) export facility currently under development in Cameron, Louisiana.