10000 results found for 'progress'

10000 results found for 'progress'
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  • Mega $12.5 billion gas project makes inroads as FPU ends its miles-long journey in Australia

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

    Australia’s energy giant Woodside has welcomed the arrival of a floating production unit (FPU), which crossed oceans to reach Australian waters and come to the firm’s giant gas project off the coast of Western Australia.

  • Fugro secures offshore wind work in Brazil with Petrobras

    1 April 2026
    Business Developments & Projects, Project & Tenders

    Petrobras has awarded a contract to Fugro for a geotechnical site investigation for the Brazilian oil major’s first offshore wind project, a pilot proposed to be built off the coast of the state of Rio de Janeiro. According to Fugro, the 18 MW Rio de Janeiro offshore wind pilot project is the first offshore wind […]

  • NextGeo’s contract with Saipem offshore Libya increased by €4-6 million

    4 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    Italy’s Next Geosolutions (NextGeo) has secured an expansion of its work scope at a gas project in North Africa under a contract awarded by compatriot engineering, drilling, and construction services giant Saipem at the end of 2025. NextGeo announced today, May 4, that the contract awarded by Saipem in November 2025 as part of the Bouri […]

  • Fugro starts geotechnical survey work for 1.4 GW Berwick Bank B offshore wind farm

    11 May 2026
    Business Developments & Projects, Project & Tenders

    Fugro has started geotechnical survey work for the Berwick Bank offshore wind project under a contract the company was awarded by SSE Renewables. The contract covers geotechnical investigations for Berwick Bank B, the second phase of the wider 4.1 GW offshore wind development in Scotland, planned to be built in the outer Firth of Forth […]

  • Methanol and ethanol storage expansion project begins at Port of Rotterdam

    16 March 2026
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Storage, Transition, Vision

    Evos Rotterdam, a European provider of storage infrastructure for liquid energy and chemicals, established in 2019, has kicked off an expansion project for (low-carbon) methanol and ethanol storage at the Port of Rotterdam. The project will see the construction of five new storage tanks with a combined gross capacity of 67,500 cubic meters, a new […]

  • South African port confirmed as ‘suitable’ for wave energy project

    19 February 2026
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Technology, Transition, Vision

    Eco Wave Power has completed a feasibility study for a potential wave energy power station at the Port of Ngqura in South Africa, stating that it had shown encouraging results. Conducted in collaboration with Africa Great Future Development (AGFDL), the feasibility study assessed site conditions, wave resource availability, and preliminary system configuration. The findings are said to support […]

  • 25 rigs out of Borr Drilling’s 29-strong fleet either on hire or with jobs lined up

    19 February 2026
    Business & Finance, Business Developments & Projects

    Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has landed multiple new work assignments in Africa, Southeast Asia, and North America. As a result, 25 of our 29 rigs are either contracted or committed, with six in Southeast Asia, five in the Middle East and North Africa, another five in West Africa, three in Europe, and six in the Americas.

  • Conrad on the lookout for new CEO as Southeast Asian project edges closer to first gas

    4 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Human Capital

    Singapore-headquartered natural gas player Conrad Asia Energy is gearing up to embark on a hunt for a new Chief Executive Officer (CEO) after its current one decided to step down from the role.

  • PSC for Southeast Asian block with three gas fields to run up to July 2034

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

    London Stock Exchange-listed energy player EnQuest has picked up a multi-year extension for a production sharing contract (PSC) covering a block off the coast of Vietnam in Southeast Asia.

  • Ofgem shortlists five bidders for three UK offshore wind transmission assets

    25 March 2026
    Operations & Maintenance, Project & Tenders

    The UK energy regulator Ofgem has unveiled its shortlist of bidders under the Offshore Transmission Owner (OFTO) Tender Round 13, in which five companies and consortia will compete to own and operate the offshore electricity transmission links for the East Anglia Three, Inch Cape and Dogger Bank C offshore wind farms.   Ofgem said on March 24 that this was […]

  • First offshore vessel to operate on ammonia coming this autumn

    26 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Transition, Vessels, Vision

    Norwegian offshore vessel owner Eidesvik Offshore has tasked Halsnøy Dokk with the conversion of the platform supply vessel (PSV) Viking Energy to ammonia-powered operations. The conversion is planned to be completed in autumn, when the 95-meter-long vessel will continue operating for Equinor, with whom it has been on continuous contract since delivery in 2003, with […]

  • $12.5 billion US LNG project nearing FID with full commercialization in hand

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

    America’s integrated gas and LNG company Caturus, controlled by the energy-focused alternative investment manager Kimmeridge, has confirmed the achievement of full commercialization for a liquefied natural gas export project under development in Louisiana.

  • Saudi player’s takeover bid deadline for UK oil & gas firm gets prolonged

    8 April 2026
    Business & Finance, Business Developments & Projects

    UK-headquartered Capricorn Energy, formerly known as Cairn Energy, has confirmed the extension of the deadline for a potential takeover offer from Alamadiyaf al-Masiyyah, a member of Saudi Arabia’s Cafani Group.

  • Up to $1.2 billion in Aker Solutions’ bag as new deals with Equinor come in

    8 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Aker Solutions, a Norway-based energy services provider, has sealed multiple long-term assignments with Equinor, a compatriot state-owned energy giant.

  • Saipem’s heavy lifting and pipe-laying vessel gearing up for work on €4B Black Sea gas project

    9 June 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Italy’s engineering, drilling, and construction services giant Saipem has provided an update on the current location of its multipurpose DP3 vessel for heavy lifting and pipe-laying, which is getting ready for its assignment on a natural gas project in the Romanian part of the Black Sea.

  • South American waters yield more gas: Petrobras makes new find in Colombia

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

    Brazil’s state-owned energy giant Petrobras has boosted South America’s energy arsenal with a new gas discovery off the coast of Colombia.

  • Technip Energies in the clear to work on $12.5B LNG project in Louisiana

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

    French-based engineering player Technip Energies has received clearance to move forward with efforts to breathe life into a liquefied natural gas (LNG) export project under development in Louisiana, United States.

  • Wison New Energies’ internal turret FPSO design wins endorsment from Lloyd’s Register

    8 May 2026
    Business & Finance, Business Developments & Projects, Certification & Classification, Regulation & Policy

    UK-based classification society Lloyd’s Register (LR) has given its blessing to China-based provider of clean energy services Wison New Energies (WNE) for a new harsh environment floating production, storage, and offloading (FPSO) design featuring an internal turret mooring system.

  • New construction milestone for Yinson Production’s Southeast Asia-bound FSO

    12 February 2026
    Business & Finance, Business Developments & Projects

    Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has celebrated the launch of a floating storage and offloading (FSO) unit destined for an oil field off the coast of Vietnam, Southeast Asia.

  • Third oil platform offshore California coming online in June

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

    Sable Offshore, a Texas-headquartered oil and gas company, has confirmed the timeline for the restart of production from its third platform off the coast of California.

  • US court sends $4 billion LNG legal battle back to Virginia state court

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

    Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has disclosed the return of its multibillion-dollar lawsuit against AES Corporation to the Virginia state court.

  • Three new LNG bunkering vessels enlarge Chinese player’s orderbook

    6 February 2026
    Business & Finance, Business Developments & Projects, Vessels

    China-headquartered engineering player Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) has received orders for three liquefied natural gas (LNG) bunkering vessels.

  • Shell’s new oil discovery adds fuel to Namibia’s black gold rush

    10 June 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell Namibia Upstream, a subsidiary of the UK-headquartered energy giant Shell, has found more oil in the Orange Basin off the coast of Namibia.

  • Chevron signs off on Mediterranean field expansion for gas production uptick

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

    Chevron Mediterranean Limited (CML), a subsidiary of the U.S.-headquartered Chevron, and its partners have given the green light for a planned expansion of gas export capacity from a giant natural gas field project off the coast of Israel.

  • Exclusive interview with SBM Offshore: South America anchors business growth, as West Africa emerges on FPSO horizon

    27 January 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    SBM Offshore is keeping Brazil and Guyana as the core hub of its FPSO activity, while eyeing new opportunities in West Africa.