10000 results found for 'progress'

10000 results found for 'progress'
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  • 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.

  • 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.

  • Chevron joins Helleniq in Eastern Mediterranean offshore block

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

    U.S.-headquartered energy giant Chevron has signed on the dotted line to acquire a majority stake and operatorship in a block off the coast of Greece, currently solely owned by Helleniq Energy, a Greek integrated energy player.

  • NKT upgrades Swedish cable accessories factory to meet high demand in Europe

    16 December 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy

    Danish power cable manufacturer and installation firm NKT has enhanced the capacity and technical capabilities of its cable accessories factory in Sweden, by investing in a new test hall and office building and expanding production capacity, a move said to be in response to the high demand for high-voltage power cable accessories in Europe. The […]

  • 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.

  • FPSO tie-back project unlocking seven more wells to enrich North Sea oil arsenal in 2027

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

    Norwegian oil and gas player Vår Energi and its partner, Kistos Energy, have rubberstamped a final investment decision (FID) to develop another multi-well addition to an oil project in the North Sea next year, augmenting oil output off the coast of Norway.

  • Eni and BlackRock’s GIP score over $670 million financing boost to fuel CCS growth

    22 May 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Transition

    Eni CCUS Holding, a strategic partnership between Italy’s energy giant Eni and Global Infrastructure Partners (GIP), a part of BlackRock, has expanded its financing sources to strengthen its carbon capture and storage (CCS) project platform.

  • New York City switches on $6 billion HVDC link to fuel Big Apple with Canadian hydropower

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

    Denmark-headquartered power cable manufacturer and installation player NKT, alongside other players breathing life into an underwater high-voltage direct current (HVDC) cable project between the U.S. and Canada, has participated in the launch of the cross-border transmission development, which opens a clean energy corridor between New York City and Québec, bringing renewable Canadian hydropower to feed the Big Apple’s green transition.

  • Frontera cinches LNG contract with Ecopetrol to underwrite FSRU lease

    1 June 2026
    Business & Finance, Business Developments & Projects

    Canada’s Frontera Energy Corporation has pivoted to a fully focused, pure-play energy infrastructure company by exiting the exploration and production segment and betting on liquefied natural gas (LNG), liquefied petroleum gas (LPG), and container growth at Puerto Bahía.

  • 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 […]

  • TotalEnergies’ 750-million-barrel project offshore Namibia targets first oil in 2030

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

    France-headquartered energy giant TotalEnergies is setting the stage to bring online its deepwater oil discovery in the Orange Basin off the coast of Namibia, as the African country enhances port infrastructure and policy framework ahead of the project launch, which is seen as a growth driver for the nation’s offshore energy industry.

  • 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.

  • $30 billion mega gas project set to enrich Australia’s countrywide GDP by $98.7 billion

    11 May 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Transition

    Australian energy giant Woodside has highlighted the findings of a new report, which indicates that the development of what is said to be Australia’s largest untapped conventional gas resource could bring a multibillion-dollar boost to the country’s economy, while fortifying its energy security.

  • 6% of Welsh people think renewable energy development should decrease, research shows

    2 April 2026
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition, Vision

    New research by RenewableUK Cymru has found that 71% of Welsh people believe renewable energy development should increase, with just 6% saying it should decrease, and 58% want Wales’s future energy system to be mainly or entirely based on renewable energy. New polling published by RenewableUK Cymru on April 1 shows strong backing for renewables comes […]

  • Transocean rig winds down drilling gig with ConocoPhillips and goes to its next job

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

    ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has completed its drilling program in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player. As a result, the rig has moved on to another assignment in Australian waters.

  • Chinese partner comes aboard African oil & gas block ahead of drilling ops

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

    Antler Global, an associated company of the UK-headquartered and AIM-listed oil and gas player Europa Oil & Gas, has inked a deal to offload a partial stake in a block off the coast of Equatorial Guinea to Fuhai (Beijing) Energy, a wholly owned subsidiary of China’s privately owned Fuhai Group New Energy Holding.

  • New study exploring oxygen as possible solution to hydrogen pipeline embrittlement

    15 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Great Britain’s National Gas Transmission (NGT) has appointed London-headquartered engineering consultancy Penspen to explore whether oxygen can act as an effective inhibitor for hydrogen embrittlement, seen as one of the major challenges in repurposing and constructing pipelines for a future hydrogen network. The technical study, which supports NGT’s plan to repurpose parts of the National […]

  • $17.5 billion LNG project anchored by $1B investment in Louisiana businesses

    20 April 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Australia’s energy giant Woodside has revealed award allocations of over $1 billion to Louisiana suppliers for a liquefied natural gas (LNG) development project in the Pelican State, United States (U.S.).

  • Northern Lights strengthens its fleet with new LCO2 vessel award to K Line and MISC

    3 June 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Vessels

    Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has decided to enlarge its fleet with another liquefied carbon dioxide (LCO2) carrier through a time charter deal with a consortium between Japan’s Kawasaki Kisen Kaisha (K Line) and Malaysia’s MISC.  

  • ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

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

    XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on Argentina’s Atlantic coast, and Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian Sea to the European market.

  • Petronas tasks MISC with floating production unit for gas project offshore Brunei

    9 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    MISC Berhad (MISC), Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services, has been hired for the provision of lease, operate, and maintain (O&M) scope of work for a floating production unit (FPU) destined to be deployed at a natural gas development project off the coast of Brunei.

  • FSRU launch bringing Europe’s next terminal closer to completion

    19 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    Poland’s gas transmission system operator (TSO), Gaz-System, has unveiled a new milestone in the construction of a new floating storage and regasification unit (FSRU), destined to be part of a liquefied natural gas (LNG) terminal located in the Gulf of Gdańsk.

  • New Asian block expands UAE oil & gas player’s Andaman Sea footprint

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

    UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has enlarged its presence in the Andaman Sea with a new exploration block off the coast of Indonesia, Southeast Asia.