10000 results found for 'progress'

10000 results found for 'progress'
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  • Halliburton shakes hands with Shell for umbilical-less tubing hanger installation

    27 October 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Innovation, Outlook & Strategy, Technology

    U.S.-headquartered oilfield services player Halliburton has signed a framework agreement with UK-headquartered energy giant Shell for the provision of umbilical-less tubing hanger installation and retrieval services using its Remote Operated Control System (ROCS) technology. Halliburton describes ROCS as a compact, umbilical-less control system that replaces conventional hydraulic setups, which can reduce surface pressure risks and minimize […]

  • Stena Bulk offloads 2017-built oil tanker seven months after North Sea allision

    27 October 2025
    Business & Finance, Business Developments & Projects, Vessels

    Swedish tanker shipping company Stena Bulk has found a buyer for its eight-year-old oil tanker, which caught fire because of a collision with a Portuguese container ship in the North Sea, north of England.

  • EU puts €20M on the table to push wave energy forward

    15 September 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Research & Development

    The European Commission has launched a Horizon Europe pre-commercial procurement (PCP) call aimed at reducing risks in wave energy technology development. The call runs from 16 September 2025 until 17 February 2026 and allocates €20 million to advance wave energy converters to higher technology readiness levels (TRL), targeting TRL7/8. The PCP focuses on the development […]

  • North Sea operator raising €450M to fund boost in UK gas field and growth opportunities

    17 September 2025
    Business & Finance, Business Developments & Projects

    Ithaca Energy, a North Sea oil and gas operator and producer, has disclosed pricing of its senior notes offering and the extension of its reserves based lending (RBL) facility, which is expected to fuel the firm’s acquisition of an additional stake in a gas field in UK waters and optimize financial flexibility for further expansion and growth.

  • Safety-first approach halts Weco’s wave energy device North Sea deployment

    28 October 2025
    Business Developments & Projects, Exploration & Production, Operations & Maintenance, Project & Tenders, Research & Development, Safety, Technology

    The Hague-based Wave Energy Collective’s (Weco) Kaizen 2.0 wave energy prototype underwent testing in the North Sea last week, marking an important phase in the company’s ongoing development process. According to the team, preparations for the test were thorough, with favorable weather conditions, approved procedures, and all hardware ready for deployment. However, the installation was […]

  • Canary Islands name wave-powered desalination project of strategic importance

    28 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology, Vision

    The Government of the Canary Islands has declared the DESALIFE project a strategic initiative for the region, recognizing it as a “highly innovative and sustainable project, with strong strategic relevance and proven technical feasibility.” According to Ocean Oasis, this recognition marks a milestone for the project, as it transitions from technology validation to industrial deployment. […]

  • Spain-headquartered Asterion comes on board France’s largest LNG terminal

    18 September 2025
    Business & Finance, Business Developments & Projects

    On a European footprint expansion quest, Madrid-headquartered Asterion Industrial Partners, an investment management firm, has enlarged its energy portfolio with the acquisition of an interest in a liquefied natural gas (LNG) terminal, described as not only France’s largest LNG receiving and regasification facility, but also one of the largest in continental Europe.

  • Bechtel puts finishing touches on third piece of Cheniere’s LNG project in Texas

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

    Cheniere Energy has reached a new milestone at its liquefied natural gas (LNG) facility, with the completion of the third train forming part of its expansion project on the La Quinta Ship Channel, along the north shore of Corpus Christi Bay in Texas, United States.

  • Glenfarne cinches binding SPA with Gunvor for Texas LNG terminal

    11 September 2025
    Business Developments & Projects, Project & Tenders

    Texas LNG, a subsidiary of Glenfarne Energy Transition, has signed a definitive sales and purchase agreement (SPA) with Gunvor Singapore, a subsidiary of Swiss-headquartered Gunvor Group, for offtake from a liquefied natural gas (LNG) export plant to be constructed in the Port of Brownsville, Texas.

  • Russia’s Lukoil locks in deal to sell off its international assets as sanctions bite harder

    30 October 2025

    Moscow-headquartered energy giant PJSC Lukoil has said yes to a bid from Switzerland’s Gunvor Group for its international portfolio of assets in the wake of growing global sanctions, which keep tightening their hold on Russian businesses overseas.

  • ABS approves Hanwha’s LNG carrier ammonia gas turbine conversion design

    12 September 2025
    Business Developments & Projects, Certification & Classification, Regulation & Policy, Vessels

    Hawnha Power Systems has received approval in principle (AiP) from ABS for the ammonia fuel gas turbine conversion design aimed at 174,000 cbm LNG carriers.

  • NH3 Clean Energy earmarks land for clean ammonia project at Port of Dampier

    12 September 2025
    Business Developments & Projects, Infrastructure, Project & Tenders

    Australia’s NH3 Clean Energy has signed a commitment agreement with Pilbara Ports Authority for the intended lease of land at the Port of Dampier to support its planned WAH2 clean ammonia project.

  • Rolls-Royce: “World’s first” pure methanol marine engine aces test

    29 October 2025
    Business Developments & Projects, Technology

    Power and propulsion solutions provider Rolls-Royce has completed testing of what is said to be “the world’s first” high-speed marine engine powered exclusively by methanol.

  • Cronos nexus unbound: Egypt and Cyprus put pen to paper for gas field development

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

    With the aim of strengthening energy security through strategic collaboration, Egypt and Cyprus have inked multiple commercial agreements for a natural gas project, which will forge an energy bond between the two countries, enabling Cypriot gas to reach Egypt’s infrastructure.

  • Petrobras cracks the code to turn rejection into approval: Go-ahead for drilling ops in hand

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

    Brazil’s state-owned energy giant Petrobras has cleared the regulatory hurdle for its planned drilling activities in the Foz do Amazonas Basin, which is located in the northern offshore region of Brazil, near the mouth of the Amazon River.

  • KOMAC’s LNG-fueled hydrogen-ready LCO2 carrier gets RINA’s nod of approval

    11 September 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Regulation & Policy, Vessels

    RINA has awarded KOMAC the approval in principle (AiP) for a newly developed 40,000 cbm LNG-fueled, H2-ready LCO2 carrier.

  • Italian shipbuilding major unveils its first underwater drone system

    24 October 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Safety, Technology

    Italian shipbuilding group Fincantieri has launched its first underwater drone system for the protection of critical underwater infrastructure in both civil needs and defense and security applications. The DEEP platform consists of a network of underwater sensors for early warning, a command and control center for real-time operational management, a team of autonomous underwater vehicles […]

  • $35 billion offtake deal paving the way for development of Louisiana’s proposed LNG project

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

    Monkey Island LNG (MILNG), a private company addressing the global energy crisis and growing demand for liquefied natural gas (LNG) through the development of U.S. natural gas infrastructure, has secured a memorandum of understanding (MoU) with an undisclosed investment-grade international oil company (IOC) for the offtake of liquefied natural gas (LNG) from its planned world-scale natural gas liquefaction facility in Cameron Parish, Louisiana.

  • Topsoe’s SOEC technology picked for Forestal’s Triskelion e-methanol project in Spain

    28 October 2025
    Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development, Technology

    Danish technology company Topsoe has signed an offtake agreement to provide its solid oxide electrolyzer cell (SOEC) technology for Spanish shipping and chemicals company Forestal del Atlántico’s Triskelion e-methanol plant in Galicia, Spain.

  • 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. […]

  • Seal of approval for Vår Energi’s oil & gas drilling ops in North Sea

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

    Vår Energi has secured the go-ahead for drilling activities in the North Sea, off the coast of Norway.

  • Royal Wagenborg hits next construction stage for sixth EasyMax multipurpose vessel

    9 September 2025
    Business Developments & Projects, Vessels

    Dutch shipowner Royal Wagenborg has marked a new milestone in the construction of its sixth 14,000 dwt energy-efficient EasyMax multipurpose vessel. As divulged, in the first stretch of September, the bow section of the ship—which is being built by compatriot shipyard Royal Niestern Sander—was transferred outside of the assembly hall, where outfitting will be continued […]

  • Chevron, Höegh Evi, SLB, and Energean helping Egypt expand energy horizons to fuel its future

    15 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Given the ongoing global energy security concerns, Egypt has taken further steps to deepen energy alliances with international players, including Chevron, Hoegh Evi, SLB, and Energean. These and similar undertakings are paving the way to boost exploration, liquefied natural gas (LNG), and sustainability efforts.

  • India’s largest container terminal inaugurated

    5 September 2025
    Infrastructure, Ports & Logistics

    Singaporean port operator PSA International has inaugurated the second phase of the expansion of PSA Mumbai – India’s largest container terminal.

  • License award paving the way for work to unlock Jamaican asset’s hydrocarbon potential

    2 September 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Ireland-headquartered and AIM-listed United Oil & Gas has secured a license off the coast of Jamaica, which is set to lend a helping hand in unleashing the hydrocarbon potential of the firm’s offshore asset.