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Offshore


Sunday, September 17, 2023
offshore oil platform california. photo REUTERS/Lucy Nicholson
Offshore

California Sues Oil Giants Claiming Deception, Climate Harms

By Alicia Diaz (Bloomberg) –California sued major oil companies including Exxon Mobil Corp. and Shell Plc, saying they deceived the public for

September 17, 2023
Total Views: 3408

Friday, September 15, 2023
Vineyard Wind wind turbine leaves New Bedford. Photo courtesy of Vineyard Wind.
Offshore

States Beg Biden to Bolster Offshore Wind While Projects Flounder

By Jennifer A. Dlouhy (Bloomberg) — Six US governors have implored President Joe Biden to boost support for the fledgling offshore wind industry amid

September 15, 2023
Total Views: 2881

FILE PHOTO: U.S. President Joe Biden holds up a wind turbine size comparison chart while attending a meeting with governors, labor leaders, and private companies launching the Federal-State Offshore Wind Implementation Partnership, at the White House in Washington, U.S., June 23, 2022. REUTERS/Kevin Lamarque/File Photo
Offshore

Biden’s Offshore Wind Target Slipping out of Reach as Projects Struggle

Sept 15 (Reuters) – President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change

September 15, 2023
Total Views: 1404

Thursday, September 14, 2023
Drillship Offshore Brazil
Offshore

Transocean Announces $486 Million Drillship Contract in Brazil

Offshore drilling contractor Transocean has announced a three-year contract for its newbuild ultra-deepwater drillship Deepwater Aquila in Brazil. The contract

September 14, 2023
Total Views: 1168

offshore wind turbines rendering
Offshore

Vattenfall Plans German Offshore Wind Farm After UK Project Exit

(Bloomberg) — Swedish state-owned utility Vattenfall AB is planning further investments in offshore wind energy in Germany, showing confidence in the

September 14, 2023
Total Views: 1057

Wednesday, September 13, 2023
semisubmersible drilling rig at sea
Offshore

Guyana’s Anticipated Offshore Oil and Gas Auction Receives Bids for Eight Blocks

By Kiana Wilburg and Marianna Parraga GEORGETOWN, Sept 13 (Reuters) – Guyana on Wednesday received bids for eight of 14

September 13, 2023
Total Views: 1102

Tuesday, September 12, 2023
MHI Vestas Offshore Wind Turbine
Offshore

UK’s Offshore Energy Industry Risks Missing Out on 95,000 Jobs

(Bloomberg) — If the UK doesn’t significantly ramp up renewables investment at a time when oil and gas is in decline, as many as 95,000 potential

September 12, 2023
Total Views: 777

Monday, September 11, 2023
The Empire Wind 1 and 2 and Beacon Wind 1 projects located off New York State. Illustration: Equinor
Offshore

BOEM Completes Environmental Review of Offshore Wind Project Off New York

The Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed Empire Wind offshore wind projects off New York, which BOEM

September 11, 2023
Total Views: 2060

Vineyard Wind wind turbine leaves New Bedford. Photo courtesy of Vineyard Wind.
Energy

Vineyard Wind Ships Out First Turbine From New Bedford

Vineyard Wind shipped out the first GE Haliade-X Wind Turbine Generator (WTG) from New Bedford to its home location over 30 miles from Cape Cod. Foss Maritime,

September 11, 2023
Total Views: 3296

Sunday, September 10, 2023
The Philadelphia Energy Solutions oil refinery owned by The Carlyle Group is seen at sunset in Philadelphia. Photo REUTERS/David M. Parrott
Offshore

Extreme Heat Is Fast Becoming A Threat To Global Fuel Security

By Serene Cheong, Sharon Cho and Yongchang Chin (Bloomberg) –Searing temperatures from Texas to Tokyo over the summer are the latest reminder of a

September 10, 2023
Total Views: 2552

Wednesday, September 6, 2023
Wind turbines off of Block Island
Offshore

Challenges Facing the U.S. Offshore Wind Industry: Inflation, Interest Rates, and Insufficient Subsidies

By Scott DiSavino and Nerijus Adomaitis Sept 6 (Reuters) – The value of Danish energy company Orsted, the world’s

September 6, 2023
Total Views: 2702

Tuesday, September 5, 2023
A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023.
Energy

Orsted Ready to Abandon U.S. Wind Projects Amid Challenges

(Bloomberg) — Orsted A/S said it’s prepared to walk away from projects in America unless the White House guarantees more support, highlighting the

September 5, 2023
Total Views: 15224

An undated handout photo of the Gorgon LNG project located in Western Australia.
Offshore

Chevron Seeks to Head Off LNG Strikes as Clock Ticks Down

(Bloomberg) — Chevron Corp. liquefied natural gas workers in Australia threatened two weeks of 24-hour rolling outages at two major export plants from

September 5, 2023
Total Views: 1124

Thursday, August 31, 2023
Construction support vessel Normand Navigator. Photo courtesy Solstad Offshore
Offshore

Solstad Offshore Charters Five AHTS and a CSV to Ocean Installer

Norwegian shipowner Solstad Offshore has announced a contract award for five of its anchor handling tugs (AHTS) in West Africa. The contract was signed with

August 31, 2023
Total Views: 1146

Wednesday, August 30, 2023
File photo of an offshore drillship
Offshore

Transocean Reveals $222 Million Drillship Contract in India

Offshore drilling contractor Transocean (NYSE: RIG) has announced a new $222 million contract for its drillship Dhirubhai Deepwater KG1 in India. The contract

August 30, 2023
Total Views: 2226

General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Offshore

Orsted’s $2.3 Billion Hit is Latest Setback for America’s Offshore Wind Industry

(Bloomberg) — Orsted A/S’s potential $2.3 billion impairment on its US projects is just the latest in a string of recent setbacks for the nascent US

August 30, 2023
Total Views: 4593

Tuesday, August 29, 2023
Wind turbines off of Block Island
Offshore

First Offshore Wind Sale in Gulf of Mexico Attracts Paltry Interest

By Nichola Groom Aug 29 (Reuters) – The Biden administration’s first ever auction of offshore wind development rights in

August 29, 2023
Total Views: 2597

offshore wind farm under construction. DJ Mattaar / Shutterstock
Offshore

Hope for Offshore Wind Boom in Gulf of Mexico Fades With Low Bids

By Jennifer A. Dlouhy (Bloomberg) — The first-ever US government auction of leases to build wind farms in the Gulf of Mexico ended with only one tract

August 29, 2023
Total Views: 1710

Monday, August 28, 2023
Wind turbines off of Block Island
Offshore

Biden Administration Bets on Offshore Wind Boom in Oil-Rich Gulf of Mexico

By Jennifer A. Dlouhy (Bloomberg) — The Gulf of Mexico has been a hub for US oil production for decades. A government auction Tuesday could help make it

August 28, 2023
Total Views: 1054

File photo shows a Maersk Supply Service vessel operating at an offshore wind farm
Offshore

Maersk Supply Service to Cut Jobs as it Shifts Focus to Offshore Wind and OSVs

Maersk Supply Service will lay off around 130 people over the next two years as it scales down its operations to focus on offshore wind and offshore support

August 28, 2023
Total Views: 3125
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