10000 results found for 'progress'

10000 results found for 'progress'
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  • Stena Drilling’s drillship finds job in Greece

    15 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Scotland-headquartered offshore drilling contractor Stena Drilling has lined up a new assignment for its 2008-built mobile offshore drilling unit (MODU) off the coast of Greece.

  • Scottish subsea link gets approval for capacity increase

    7 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition, Vision

    The Scottish Government Marine Directorate has granted the variation to the existing marine license for the Western Isles high-voltage direct current (HVDC) subsea cable link, allowing the needed increase in capacity. The project is a key component of SSEN Transmission’s planned £22 billion investment program to upgrade the north of Scotland’s electricity transmission grid. The […]

  • Farm-out of African oil & gas block awaits regulatory clearance

    13 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has reaffirmed that all requirements are out of the way for an extension of a production sharing contract (PSC), covering a block off the coast of Equatorial Guinea. A recently signed farm-out deal for the block is still pending regulatory approvals.

  • Uncertainty hovers over South African drilling ops, as oil push hinges on appeals outcome

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

    While a specialist panel is being set up to review appeals, clouds still obscure the exact timing of hydrocarbon exploration activities, which are poised to begin once an environmental go-ahead is in hand, enabling the first well to be spud at an offshore block in South Africa’s Orange Basin.

  • Stena RoRo orders new generation, future-proof vessels from China

    28 January 2026
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Swedish shipping company Stena RoRo has placed an order with China Merchants Industry (CMI) for a new generation of RoRo vessels, comprising two firm C-Flexer-type vessels with options for an additional four. The new C-Flexer design features a highly developed hullform, multi-fuel engines, and a scalable battery-hybrid system, ensuring that the vessels are future-proofed and […]

  • Chevron achieves first oil offshore Angola two years after platform construction start-up

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

    Cabinda Gulf Oil Company (CABGOC), a subsidiary of the U.S.-headquartered energy giant Chevron, has put into production mode a new oil platform off the coast of Angola just over two years after construction on the platform began.

  • $11 billion investment agenda on Gazprom’s 2026 horizon

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

    Russia’s energy giant Gazprom has received the blessing from its board of directors for its investment program and budget for next year, which is set at RUB 1.1 trillion (around $11 billion), a decrease from RUB 1.52 trillion (almost $15.22 billion) earmarked for 2025 and the spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024.

  • Another approval in for multi-fuel and OCCS-ready bulk carrier

    28 January 2026
    Business & Finance, Business Developments & Projects, Certification & Classification, Outlook & Strategy, Project & Tenders, Regulation & Policy, Vessels

    Shortly after securing one from the Japanese classification society ClassNK, Oshima Shipbuilding has been awarded approval in principle (AiP) from Lloyd’s Register (LR) for its Ultramax bulk carrier design, ready for multiple alternative fuels and onboard carbon capture and storage (OCCS). The AiP covers a 64,000 dwt bulk carrier concept developed to accommodate multiple future fuel […]

  • Marine license variation ‘opens door to further innovation’ at Morlais tidal energy scheme

    4 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology

    Menter Môn Morlais has secured regulatory approval to deploy different types of tidal technology within the Morlais tidal energy scheme off the coast of Anglesey in Wales. Natural Resources Wales has approved the company’s application to vary its existing marine license, allowing different types of tidal technology to be deployed within the Morlais zone. The […]

  • Stena Drilling and Keystone set their cap on upping the digital drilling ante

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

    Scotland-headquartered offshore drilling contractor Stena Drilling has joined forces with Keystone, Norway’s supplier of planning and execution software for well operations, to advance a next-generation, automation-enabled well delivery model.

  • Wavepiston files permits for Gran Canaria wave energy pilot, signs MoU in Iceland

    12 May 2026
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vision

    Danish wave energy firm Wavepiston and its Spain-headquartered partner Bluenewables have submitted all permitting documentation for a site in Gran Canaria where a pilot wave energy farm is planned to be developed. Wavepiston describes the submission of permitting documentation for the selected site on Gran Canaria’s northern coast as another key milestone in its commercial […]

  • BW LNG names newbuild vessel pair at Hanwha Ocean’s shipyard

    19 January 2026
    Business & Finance, Business Developments & Projects, Vessels

    BW LNG, part of BW Group, has held a naming ceremony for two new liquefied natural gas (LNG) vessels at a shipyard in South Korea, Asia.

  • Dutch chemical tanker operator orders wind-assisted propulsion for two more vessels

    27 January 2026
    Business & Finance, Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vessels, Vision

    Following the commissioning of the “world’s first” chemical tanker equipped with sails in 2024, Dutch chemical tanker operator Chemship has placed a new order with compatriot wind propulsion firm Econowind for the installation of wind-assisted ship propulsion technology on two additional vessels. The tankers Chemical Contender and Chemical Fighter will each be fitted with four […]

  • US firm’s new FSRU getting ready for its gig in Iraq with sea trials out of the way

    29 January 2026
    Business & Finance, Business Developments & Projects, Vessels

    Excelerate Energy, a U.S.-based liquefied natural gas (LNG) company in Texas, has reached a new construction milestone for a newbuild floating storage regasification unit (FSRU), which has wrapped up sea trials ahead of its deployment at a fully integrated LNG import terminal in Iraq.

  • South Koreans join in Canadian LNG project

    20 January 2026
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Project & Tenders

    South Korea’s Hanwha Group has entered into a strategic memorandum of understanding (MoU) with Canadian firm Fermeuse Energy to jointly advance the Newfoundland and Labrador liquefied natural gas (LNG) development project in Canada. As part of the partnership, Hanwha will be a long-term strategic partner to Fermeuse Energy, supporting the project’s development, engineering, financing, shipbuilding, […]

  • Santos eyes restart of Australia’s huge gas project next week

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

    Australian energy player Santos has disclosed a timeline for the resumption of production at its gas project off the coast of Australia’s Northern Territory.

  • SBM Offshore subsidiary to design CO2 transport and injection solution for Southern North Sea

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

    IMODCO Terminals, a subsidiary of the Netherlands-headquartered SBM Offshore, has secured a front-end engineering design (FEED) contract with Carbon Collectors for the development of an offshore CO2 transport and injection solution in the Southern North Sea. The nine‑month FEED will define the design of a tower offloading unit (TOU), designed for the harsh North Sea conditions, enabling […]

  • Boskalis Subsea Services launches large-scale recruitment drive for new ROV department

    5 January 2026
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    Boskalis Subsea Services, provider of IRM, construction and decommissioning services, has launched a large-scale recruitment drive to support the expansion of its remotely operated vehicle (ROV) capabilities. Boskalis Subsea Services recently established a dedicated ROV department, backed by its Remote Operations Centre (ROC) in Aberdeen, which opened in 2025, and is therefore undertaking the recruitment […]

  • Oil price spike spurs windfall tax proposals in Brazil, EU, US, and Australia

    27 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    As oil prices top $100 per barrel (bbl), Wood Mackenzie, an energy intelligence group, has pinpointed the uptick in energy prices as the reason for the revival in windfall tax debate across four continents.

  • Worley embarks on more FEED work for Cypriot gas development

    13 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders

    Australia’s engineering player Worley has been appointed by U.S.-headquartered oil major Chevron to provide front-end engineering design (FEED) and procurement services for the first offshore gas development in Cyprus. Under the contract with Chevron Cyprus, Worley will provide FEED engineering across the full Aphrodite field development, including subsea systems, the floating production unit (FPU), export […]

  • License extension out of the way, as Stamper advances multi-basin mission offshore Namibia

    13 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Canada-headquartered Stamper Oil & Gas Corp., a Namibia-focused oil and gas exploration company, has confirmed an extension of a Namibian offshore petroleum exploration license (PEL), as energy majors continue to move in across multiple basins in the African country to pursue hydrocarbon exploration activities.

  • WATCH: Bound4blue suction sails installed on first of five Maersk Tankers’ vessels

    26 January 2026
    Business & Finance, Business Developments & Projects, Equipment, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    Spanish automated wind-assisted propulsion system specialist bound4blue has installed the first eSAIL units on the first of five tankers owned by Danish Maersk Tankers. Four 24-meter ‘plug and play’ suction sails were fitted on Maersk Trieste, completing the first stage of an agreement that will see a total of 20 units installed across five advanced […]

  • WATCH: Aker BP making inroads at North Sea oil & gas projects

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

    Norwegian oil and gas player Aker BP has progressed the development of its projects on the Norwegian Continental Shelf (NCS).

  • ADNOC casts the die for gas project as FID seals path to development

    8 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    The UAE’s energy heavyweight Abu Dhabi National Oil Company (ADNOC) has put the pen to paper for its ambition to boost its natural gas arsenal by propelling a gas project off the coast of Abu Dhabi, UEA, into execution phase with a final investment decision (FID).

  • 1990-built FPSO to keep working in Vietnam until end of 2027

    16 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Vessels

    A joint venture (JV) company of Malaysia’s MISC Group and Vietnamese PetroVietnam Technical Services Corporation (PTSC) has secured a contract that will keep a 1990-built floating production, storage, and offloading (FPSO) vessel working in Vietnam. The contract awarded to Vietnam Offshore Floating Terminal (Ruby) (VOFT) by Petrovietnam, Vietnam’s oil, gas and energy industry corporation, covers […]