10000 results found for 'progress'

10000 results found for 'progress'
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  • Pieces of $5.1 billion LNG project in Canada keep falling into place

    10 March 2026
    Business & Finance, Business Developments & Projects

    Woodfibre Management, a privately held Canadian company based in Vancouver, is making inroads in the construction of its operated multibillion-dollar liquefied natural gas (LNG) export project under development in British Columbia, Canada.

  • Block Energy making its first foray into Gabon’s offshore oil realm

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

    AIM-quoted independent oil and gas production and development company Block Energy has made a move to enter a new geographic area through an investment related to two production sharing contracts (PSCs), which will enable it to expand its portfolio to encompass two offshore licenses in Gabon.

  • $11 billion financing in place for giant offshore gas project

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

    ADNOC, in partnership with Italy’s Eni and Thailand’s PTT Exploration and Production Public Company (PTTEP), has secured a structured financing transaction of up to $11 billion (AED 40.4 billion) for its multibillion-dollar big sour gas development, which is set on becoming the world’s first project to operate with net-zero emissions.

  • Nine rigs from Valaris-Aramco JV’s fleet embrace ALTAVE’s AI monitoring solution

    15 January 2026
    Business & Finance, Business Developments & Projects, IT & Software, Technology

    ARO Drilling, a 50/50 joint venture between Valaris and Aramco in Saudi Arabia, has made arrangements to equip nine rigs with artificial intelligence (AI) monitoring technology from ALTAVE, a technology player specializing in the development of AI solutions for monitoring and securing complex operations.

  • Germany’s SEFE nails down 8-year LNG offtake with South American firm

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

    Germany’s Securing Energy for Europe (SEFE) has finalized a multi-year liquefied natural gas (LNG) supply agreement with Argentina’s Southern Energy (SESA) against the backdrop of rising energy security concerns that are looming over Europe and the globe in the wake of the U.S.-Israel military operation against Iran, which decided to close the Strait of Hormuz.   

  • Bilfinger workers on multi-day strike mission at Ithaca’s North Sea assets over pay dispute

    2 June 2026
    Business & Finance, Business Developments & Projects, Human Capital

    Multiple offshore members employed by Bilfinger are set to kick off multi-day industrial action due to a dispute over pay, which will lead to an eight-day stoppage at a floating storage unit (FSU) and a floating production facility (FPF) on the UK Continental Shelf (UKCS).

  • Chevron’s drilling ops in Nigerian waters lead to new hydrocarbon discovery

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

    Chevron Nigeria Limited (CNL), a subsidiary of the U.S.-headquartered Chevron and the operator of the Nigerian National Petroleum Company (NNPC)/CNL joint venture, has made a new hydrocarbon discovery off the coast of Nigeria, Africa.

  • Drilling done: MOPU and FSO hook-up in motion at African oil field

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

    Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, is approaching the finish line for the activities related to the hook-up of a mobile offshore production unit (MOPU) and a floating storage and offloading (FSO) unit at an oil field off the coast of Benin that has been offline since the late 1990s.

  • Fresh LNG gig in Africa lands on Spanish player’s worksheet

    23 March 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Spain’s Reganosa has lined up a new job at a future liquefied natural gas (LNG) import terminal in Senegal, Africa. As a result, the firm will supervise the construction of this LNG terminal in Dakar.

  • Worley confirms deals with Venture Global in US and Equinor in Norway

    4 February 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Worley has corroborated the award of two assignments with Norway’s state-owned energy giant Equinor for oil and gas assets on the Norwegian Continental Shelf (NCS) and Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, for a second phase of an LNG export project in Louisiana, United States.

  • Dolphin Drilling’s 1990-built rig scores North Sea job as 1974-built semi-sub stays in India

    12 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of three harsh environment mid-water and deep-water semi-submersible drilling rigs, has firmed up a multimillion-dollar assignment for its 36-year-old semi-submersible rig on the UK Continental Shelf (UKCS), while the firm’s 52-year-old unit remains on duty off the coast of India.

  • Sea1 starts building second of four offshore energy support vessels

    16 December 2025
    Business Developments & Projects, Environment, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels, Vision

    Norwegian offshore services provider Sea1 Offshore has cut the first steel for the second of four offshore energy support vessels (OESVs) it has on order with a shipyard in China. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the contract for the construction of two additional vessels following this March. […]

  • New moves reinforce Sabah’s role as energy growth hub in Malaysian waters

    10 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Petronas Carigali, Malaysia’s state-owned oil and gas heavyweight Petronas, has taken steps to divest a partial stake to SMJ Energy (SMJE), a company wholly-owned by the Sabah state government, in a production sharing contract (PSC) for fields in shallow waters off the coast of Sabah, offshore of East Malaysia. Petronas and Sabah have also strengthened their collaboration with another PSC award.

  • ADNOC’s XRG steps up its US LNG game with additional stake in Texas’ $31.8 billion project

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

    XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has augmented its interest in a liquefied natural gas (LNG) export project in Texas, United States (U.S.).

  • 2025’s greatest trio of oil & gas, FPSO, and LNG mergers that never came to fruition

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

    While multiple consolidation moves have sprung up across the offshore energy and maritime arenas over the past 12 months, some never bore fruit. Offshore Energy has selected three business combination plays, regardless of whether they were born of truth or fiction, that did not make it to the finish line despite the initial optimism and euphoria.

  • Baker Hughes breathing life into offshore LNG export terminal in Texas

    24 March 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    U.S.-headquartered energy technology giant Baker Hughes has landed a new assignment in the Lone Star State, which will enable it to work on bringing to life a liquefied natural gas (LNG) export terminal off the coast of Matagorda, Texas.

  • Commercial readiness confirmed for Alfa Laval’s ammonia fuel supply system as FAT wraps up

    11 March 2026
    Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Technology, Transition, Vessels, Vision

    Swedish marine technology company Alfa Laval has completed the certified factory acceptance test (FAT) for the FCM Ammonia fuel supply system, class certified by China Classification Society (CCS), confirming commercial readiness for ammonia-fueled engines. The FAT validates the design, control architecture, safety layers and ammonia-handling routines in a marine environment, with the test program covering full […]

  • TotalEnergies reboots $20 billion LNG project after years-long hiatus

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

    France’s energy giant TotalEnergies has hit the reset button for the construction of a multibillion-dollar liquefied natural gas (LNG) development off the coast of Mozambique. The reignition comes almost five years after the project was put on ice, with force majeure declared in April 2021.

  • Türkiye’s Karpowership puts Seatrium at the wheel of FSRU conversion job

    9 March 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Singapore’s Seatrium has been given the lead role in the conversion of a new floating storage regasification unit (FSRU), thanks to a deal with Türkiye’s floating power plant company Karpowership.

  • Gas sales pact paves the way for Jadestone’s Southeast Asian offshore project

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

    AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has sealed a deal with PV Gas, a subsidiary of Vietnam’s state-owned national energy group Petrovietnam. This unlocks the doors for the development of gas discoveries off the coast of Vietnam, Southeast Asia.

  • LNG vessel pair enriches MISC’s fleet

    8 May 2026
    Business & Finance, Business Developments & Projects, Vessels

    Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services MISC Group, a member of the Petronas Group of Companies, has unveiled the naming of its two new-generation liquefied natural gas (LNG) carriers (LNGC), strengthening its partnership with SeaRiver Maritime (SRM), a wholly-owned subsidiary of U.S.-headquartered ExxonMobil.

  • 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.

  • Extension arranged with Samsung Heavy Industries as US LNG project nears FID

    12 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Delfin Midstream, a U.S.-based liquefied natural gas (LNG) export infrastructure development company, has agreed to prolong a letter of award (LOA) with South Korea’s Samsung Heavy Industries (SHI) for the job related to the first floating LNG (FLNG) unit destined to be deployed at its American LNG project under development in Louisiana, United States.

  • Trio paving the way for hydrogen adoption in FPSO and maritime power sphere

    30 January 2026
    Business & Finance, Business Developments & Projects, Collaboration, Transition

    Three players, Japan’s MODEC, Norway’s Eld Energy, and Delta Electronics, have joined forces to expand hydrogen use in the maritime sector, driving energy transition by deploying solid oxide fuel cell (SOFC) technology for the first time on a floating production, storage and offloading (FPSO) vessel.

  • Brazilian oil project back in production mode after 28-day shutdown

    26 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    Karoon Energy, an ASX-listed international oil and gas exploration and production company, has restarted production at an oil field off the coast of Brazil.