10000 results found for 'progress'

10000 results found for 'progress'
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  • Fifth chapter of North Sea oil project’s book now online

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

    Vår Energi, a Norwegian oil and gas operator, has put into production mode another addition to an oil project in the North Sea off the coast of Norway.

  • 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.

  • 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.).

  • 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 […]

  • 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.

  • ABS, KRISO level up small modular nuclear reactors collab

    28 October 2025
    Collaboration, Outlook & Strategy

    ABS and KRISO have signed MOU to cooperate on the application of small modular reactors (SMRs) in the marine and offshore sectors.

  • 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.

  • 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.

  • OMV Petrom continues its multi-well drilling program with Transocean rig in Black Sea

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

    OMV Petrom, Romania-headquartered affiliate of Austria’s OMV, has provided insight into its drilling plans in the Romanian sector of the Black Sea, where several wells remain on the list to be drilled using a semi-submersible rig owned by Transocean.

  • Aramco splashes $30 billion on 17 more deals with US players

    21 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Aramco, Saudi Arabia’s energy heavyweight, has revealed a new batch of multibillion-dollar memoranda of understanding (MoUs) and agreements, encompassing liquefied natural gas (LNG), financial services, advanced materials manufacturing, and procurement of materials and services with U.S. companies such as SLB, Baker Hughes, McDermott, Halliburton, NESR, KBR, Flowserve, NOV, Worley, and Fluor.

  • Anemoi: 400,000 dwt NSU ore carrier gets rotor sails

    12 November 2025
    Technology, Vessels

    UK-based wind propulsion technology provider Anemoi Marine Technologies has completed the retrofit on one of the largest vessels in the world, the 400,000 dwt ore carrier NSU Tubarao. Anemoi installed five 35-meter-tall units on the vessel, which is owned by Japanese bulk owner/operator NS United Kaiun Kaisha (NSU) and chartered by Brazilian mining giant Vale […]

  • 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.

  • Eni going full steam ahead with drilling campaign in Gulf of Suez

    29 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As the dash for gas off the coast of Egypt continues to run unabated, the country’s Minister of Petroleum and Mineral Resources has visited the drilling site of the first well in the drilling program, Italy’s energy giant Eni is currently undertaking in the Gulf of Suez with a rig owned by Shelf Drilling, now part of ADES.

  • Yinson Production’s CFO: Two new project bonds on the 2026 horizon to refinance FPSO duo

    4 November 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Transition

    Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on the cards next year.

  • Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays

    23 January 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy

    As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year, enabling it to pursue new drilling assignments, with Malaysia and Southeast Asia at the heart of the firm’s growth quest.

  • Angola’s first non-associated gas development goes live

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

    Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has put into operation an offshore project, which is described as the first non-associated gas development in Angola.

  • German duo bands together to accelerate iron ore transport decarbonization

    14 October 2025
    Business Developments & Projects, Collaboration

    German dry bulk carrier owner and operator Oldendorff Carriers and compatriot Salzgitter Flachstahl GmbH, an arm of steel and technology company Salzgitter, have partnered up to advance decarbonization efforts in the sphere of iron ore transport. Specifically, according to Oldendorff, the two players have entered into a long-term agreement to slash carbon dioxide (CO2) emissions […]

  • $44 billion LNG project in Alaska pulls off hat trick deal as new partner enters the scene

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

    Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken new steps to bring to life its liquefied natural gas (LNG) export development in Alaska by ironing out a strategic partnership with Korea’s POSCO International Corporation, a core member of the POSCO Group.

  • Giant FPSO achieves first gas injection at Petrobras’ Brazilian project

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

    Singapore-based offshore, marine, and energy solutions provider Seatrium has confirmed the first gas injection at a floating production, storage, and offloading (FPSO) vessel deployed at one of the world’s largest deepwater oil fields, operated by Brazil’s state-owned energy giant Petrobras.

  • BP cheers ‘extremely encouraging’ results at Brazilian oil & gas discovery, appraisal on the cards in 2027

    30 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-headquartered energy giant BP is moving forward with the evaluation of its hydrocarbon discovery off the coast of Brazil, with appraisal plans anticipated to be put in motion in 2027.

  • Marine energy ‘key pillar’ in Canada’s clean energy transition, 2050 roadmap states

    11 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vision

    Marine Renewables Canada (MRC) has published a national roadmap that outlines how offshore wind, tidal, wave, and river current energy can help meet Canada’s surging electricity demand, projected to increase two to threefold by 2050, with marine renewable energy seen as a key pillar of the country’s clean energy transition. Although Canada has already made […]

  • Mersey tidal power project moves forward with cooperation extension

    6 November 2025
    Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development

    Liverpool City Region Mayor Steve Rotheram has extended a “successful and productive” collaboration with K-Water, the Korean company behind the “world’s largest” tidal power facility at Sihwa Lake. The memorandum of agreement (MoA), first signed three years ago, is supporting the Combined Authority’s plans to harness the tidal power potential of the River Mersey.  According […]

  • Baker Hughes in the clear for work at $11 billion LNG project on US Gulf Coast

    22 December 2025
    Business & Finance, Business Developments & Projects

    French-based engineering company Technip Energies, as the engineering, procurement, and construction (EPC) services provider for a liquefied natural gas (LNG) project under development in Louisiana, has given the all-systems-go signal to the U.S.-headquartered energy technology giant Baker Hughes for the supply of liquefaction equipment destined for the LNG export project being developed by Commonwealth LNG, a firm controlled by the energy-focused alternative investment manager Kimmeridge.

  • Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer

    3 February 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Transition

    With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission cuts by combining low-cost reserves, fast-track development, and cross-border collaboration. The firm’s 2026 horizon spotlights multiple final investment decisions (FIDs) for gas and liquefied natural gas (LNG) projects.