10000 results found for 'wave energy'

10000 results found for 'wave energy'
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  • BP, Inpex, CNOOC, and LNG Japan enrich oil & gas arsenal with new Southeast Asian blocks

    21 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    UK-headquartered energy giant BP and its partners have penned three production sharing contracts (PSCs) for oil and gas blocks off the coast of Indonesia, Southeast Asia. The British player is also participating in another offshore block, which Japan’s Inpex offshore Eastern Java in Indonesia.

  • 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.

  • Fugro’s Blue Essence USV performs its first remote survey offshore Germany

    26 December 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Technology, Vessels

    The Blue Essence uncrewed surface vessel (USV) owned by the Netherlands-headquartered Fugro has completed its first remote survey in German waters. The 12-meter-long USV delivered the work in collaboration with TenneT Germany. The J-Tube inspection was controlled entirely from Fugro’s onshore remote operations center in Aberdeen, the UK, the company said. To remind, this summer […]

  • US LNG import terminal’s transformation into large export facilities put on ice

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

    Energy Transfer LNG Export, a subsidiary of U.S.-based Energy Transfer, has shelved the development of a liquefied natural gas (LNG) export project on Louisiana’s Gulf Coast.

  • Karpowership upping Mexico’s energy ante with LNG-to-power project

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

    Karpowership, Türkiye’s floating power solutions provider and owner and operator of powerships, is setting the stage to elevate the energy infrastructure game in Mexico’s Yucatán Peninsula with a project that will include a powership and a liquefied natural gas (LNG) terminal vessel (LNGTS).

  • Downturn in high-impact exploration: Is revival of oil & gas drilling appetite on the cards?

    2 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    Given that the number of players engaged in high-impact (HI) oil and gas exploration operations has been cut in half since 2014, Westwood Global Energy, an energy market research and consultancy firm, has warned about the uncertainty surrounding new hydrocarbon search attempts, while emphasizing the need for a new wave of exploration firms to be created and for existing companies to return to drilling activities, if exploration endeavors are to increase in the future.

  • New item added to Axess’ Norwegian oil & gas assignment with Equinor

    16 April 2026
    Business & Finance, Business Developments & Projects, Technology

    Norway-headquartered asset integrity management company Axess Group has expanded its deal with Equinor, a compatriot state-owned energy giant, to include an additional scope of work in the Norwegian sector of the North Sea.

  • Shell’s Mediterranean gas drilling ops lead to ‘encouraging initial indications’

    12 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    UK-headquartered energy giant Shell has seen promising initial results off the coast of Egypt, thanks to drilling activities undertaken with a drillship owned by Scotland-headquartered offshore drilling contractor Stena Drilling.

  • Chevron, Helleniq Energy win leases to explore four blocks offshore Greece

    16 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy

    U.S.-headquartered Chevron, through its four Dutch subsidiaries, and Greece’s Helleniq Energy have signed lease agreements with the Greek government for the exploration of four blocks offshore Greece. The awarded consortium, in which Chevron holds a 70% operating interest and Helleniq Energy a 30% interest, was selected following an international call for tender launched by the […]

  • TotalEnergies, Mitsui, and Nordsøfonden pick up CO2 storage exploration permit in North Sea

    15 January 2026
    Authorities & Government, Business Developments & Projects, Carbon Capture Usage & Storage, Regulation & Policy, Rules & Regulation

    The Danish Energy Agency has handed out its eighth permit for exploration and possible storage of CO2 in Denmark to a consortium consisting of TotalEnergies, Mitsui, and Nordsøfonden.

  • North Sea oil & gas seen as linchpin of UK’s energy security and net zero transition

    27 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has portrayed the oil and gas production from the North Sea as a backbone of the nation’s security of supply to prevent over-reliance on imports and continue to pursue and implement the transition to a low-carbon and net-zero future.

  • Higher oil prices put $80 billion more on Australia’s tax horizon

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

    Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has pointed out that the findings of a recent report reinforce the benefits of Australia’s existing fiscal framework, including the Petroleum Resource Rent Tax (PRRT), with the spike in oil prices having the potential to boost federal and state budgets by $17 billion per year.

  • New CEO taking the reins at Sempra Infrastructure

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

    Sempra Infrastructure, a subsidiary of North America’s energy infrastructure company Sempra, has revealed the name of its incoming Chief Executive Officer (CEO), who will be at the helm of the company upon completion of a KKR-led consortium’s acquisition of a majority ownership interest.

  • First demo to unite tidal power, battery storage and hydrogen completes in Scotland

    11 December 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Project & Tenders, Storage, Technology, Transition, Vision

    A demonstration combining tidal power, battery storage, and hydrogen production has been completed in Scotland, marking what is said to be the first time these three technologies have been integrated into a single energy system. The demonstration integrated Orbital Marine Power’s O2 tidal turbine, vanadium flow batteries supplied by Invinity Energy Systems, and an ITM […]

  • No ‘significant’ gas volumes in Black Sea exploration well

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

    OMV Offshore Bulgaria, an affiliate of Southeastern Europe’s integrated energy player OMV Petrom, NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, and Bulgarian Energy Holding EA have drilled a second exploration well in the Black Sea off the coast of Bulgaria.

  • Round-up: New oil & gas discoveries take center stage as LNG momentum grows

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Exploration & Production, Rules & Regulation, Transition

    As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint ventures, divestments, and capex commitments.

  • 19 oil & gas players widen their offshore acreage in Norwegian waters with new licenses

    14 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Norway’s Ministry of Petroleum and Energy has offered 57 production licenses to 19 oil and gas companies for further hydrocarbon exploration activity on the Norwegian Continental Shelf (NCS), as part of the award in the pre-defined areas 2025 (APA 2025) round, which represents an uptick from the previous licensing round when 20 players got 53 production licenses.

  • More LNG for Europe as MET Group and Shell expand their long-term cooperation

    2 March 2026
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Vision

    MET International, the trading and wholesale arm of Switzerland-headquartered energy company MET Group, and Shell Global LNG Limited have signed a non-binding memorandum of understanding (MoU) to expand their existing long-term cooperation in LNG and gas trading. The agreement provides a framework for MET’s potential purchase of LNG, sourced primarily from Shell’s U.S. LNG portfolio, […]

  • New gas storage license on the horizon for UK’s integrated energy storage project

    6 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    England-based energy transition-focused player EnergyPathways is awaiting the award of a gas storage license (GSL) from the North Sea Transition Authority (NSTA) in connection with the firm’s flagship energy storage project off the Cumbria coast in the East Irish Sea.

  • Ireland hit with multimillion-dollar arbitration claim over oil & gas project

    12 May 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Oil and gas company Lansdowne has embarked on an arbitration battle to pursue its Energy Charter Treaty (ECT) claim against Ireland over the country’s refusal to issue a lease undertaking for an oil and gas field in the North Celtic Sea, which is operated by Barryroe Offshore Energy’s subsidiary, Exola DAC.

  • MODEC and Eld embark on next-gen carbon capture-enabled FPSO power system

    4 June 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Transition

    Japan’s MODEC and Eld Energy, a Norwegian fuel cell system company, are pooling resources to bring a 1.2 MW carbon capture power system to life to roll out zero-emission floating production, storage, and offloading (FPSO) units.

  • 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).

  • EU’s 20th sanctions batch tightens grip on Russia’s oil, gas, LNG and shadow fleet spheres with 632 vessels blacklisted

    24 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation, Vessels

    As the European Union (EU) continues to take steps to constrain Russia’s revenue streams and energy export capacity to bring the Ukraine crisis to an end, it has rubber-stamped a new raft of sanctions against the country, expanding its crackdown on the Russian energy industry and widening the net around the shadow fleet with 46 more vessels added to the listed pool.

  • Mediterranean gas field back online after shutdown due to regional safety woes

    3 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Chevron Mediterranean Limited (CML), a subsidiary of U.S.-headquartered Chevron, and its partners have resumed gas production from a giant natural gas project off the coast of Israel.

  • Swedish tidal energy developer makes move into Iceland

    3 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Market Outlooks, Outlook & Strategy, Project & Tenders, Vision

    Swedish tidal energy developer Minesto has signed a memorandum of understanding (MoU) with Haf-Afl, an Iceland-based ocean energy site developer specializing in the identification, assessment and development of marine energy projects, to pursue entry into the Icelandic market. ”This is a textbook example of a valuable partnership for Minesto in the ongoing work to initiate […]