10000 results found for 'progress'

10000 results found for 'progress'
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  • ABB and HDF plan serial production of high-power fuel cell units from 2030

    15 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Transition, Vessels, Vision

    Swedish-Swiss ABB and France-based HDF Energy have signed a joint-development agreement (JDA) to develop a high-power fuel cell unit that will enable megawatt-scale installations to power large seagoing ships. The partners, who signed a memorandum of understanding (MoU) in 2020 envisaging the collaboration, said that the cell unit is anticipated to be installed on board […]

  • 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 […]

  • 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.

  • UK opens second carbon storage licensing round

    9 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Safety, Storage, Transition, Vision

    The North Sea Transition Authority (NSTA) has opened its second carbon storage licensing round, offering 14 locations offshore Scotland and England for exploration and appraisal, with the stores offering up to 2 gigatons of additional CO2 storage capacity. The round, opened today, December 9, offers areas that fall into two broad categories, including depleted hydrocarbon fields selected by the NSTA, […]

  • 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 […]

  • Woodside’s CEO steps down to take the reins at BP

    18 December 2025
    Business & Finance, Human Capital, Outlook & Strategy

    UK-headquartered energy giant BP has revealed changes to its leadership team as its current Chief Executive Officer (CEO) resigns from the role, which will be handed over to an interim one until the current CEO of Australia’s energy giant Woodside wraps her current job and can take over the same role at the British firm.

  • 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.

  • Norwegian Cruise Line and Repsol ink long-term renewable marine fuels deal

    21 October 2025
    Business & Finance, Business Developments & Projects

    Cruise company Norwegian Cruise Line Holdings (NCLH) and Spanish multi-energy player Repsol have established “an unprecedent long-term relationship within the cruise industry” with a landmark 8-year agreement covering supply of renewable marine fuels at the Port of Barcelona.

  • AET orders LNG dual-fuel Suezmax duo

    7 November 2025
    Business Developments & Projects, Infrastructure, Vessels

    AET has awarded shipbuilding contracts to South Korea’s Samsung Heavy Industries (SHI) for two LNG dual-fuel Suezmax tankers.

  • PETRONAS clears key milestone for Suriname’s first offshore gas development

    14 November 2025
    Business Developments & Projects

    A subsidiary of Malaysia’s state-owned energy giant PETRONAS and Suriname’s national oil company (NOC) Staatsolie Maatschappij Suriname (Staatsolie) have achieved a milestone, allowing them to move forward with the development of a gas field offshore Suriname.

  • 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.

  • France’s gas ‘safety net’ no longer needed: TotalEnergies dismantling LNG terminal

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

    TotalEnergies has decided to demobilize its floating storage and regasification unit (FSRU) in Le Havre, as this liquefied natural gas (LNG) terminal is no longer required to strengthen energy security in the country and Europe.

  • 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 […]

  • TGS, BGP, Staatsolie embark on seismic survey to map oil & gas deposits in shallow waters

    8 December 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Research & Development

    Norwegian/American energy data and intelligence player, Tomlinson Geophysical Services (TGS), has kicked off a seismic survey in the shallow offshore area off the coast of Saramacca and Coronie to find oil and gas reserves as part of a joint project with Suriname’s national oil company (NOC) Staatsolie Maatschappij Suriname (Staatsolie), the Chinese Bureau of Geophysical Prospecting (BGP Offshore). 

  • 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 […]

  • $27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers

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

    Against the backdrop of concerns over hydrocarbon production rates, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have secured over $27.14 billion in profits.

  • $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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Six industry majors unite to commercialize cost- and emission-cutting subsea flowline heating tech

    21 October 2025
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Technology

    DeepOcean as the project owner and its five partners have launched a joint industry project to commercialize an innovative subsea flowline heating technology designed to reduce manufacturing and installation costs by up to 35% and carbon emissions by 30% through the separation of pipeline and heating installation. FlowHeat is said to simplify subsea flowline heating […]