Orsted Replaces CEO as Offshore Wind Industry Struggles
Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday,
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Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday,
The developer behind New Jersey’s first offshore wind farm plans to continue the project despite Shell’s withdrawal from the project. Shell on
Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s
In a sweeping executive action on his first day in office, President Donald Trump has ordered an immediate halt to all offshore wind development on the U.S.
By Kanishka Singh WASHINGTON, Jan 17 (Reuters) – A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing
Republican Congressman Jeff Van Drew says he’s been working with President-elect Donald Trump on crafting an executive order aimed at “halt[ing] offshore
The Norwegian Ministry of Energy has awarded 53 new production licenses on its continental shelf as part of its annual APA 2024 licensing round, reinforcing
Shell has announced the successful startup of its newest floating production facility, Whale, in the deepwater Gulf of Mexico, marking a significant
Van Oord has taken delivery of its groundbreaking offshore installation vessel Boreas during a ceremony at China’s Yantai CIMC Raffles shipyard. The
From “Freedom Gas” to “Gulf of America”: Trump Doubling Down on Energy Nationalism President-elect Donald Trump has announced plans to
U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision President-elect Donald Trump, who has vowed to
Royal Boskalis B.V. has announced plans for the Windpiper, set to become the world’s largest subsea rock installation (SRI) vessel with an impressive
Equinor has secured over $3 billion in project financing for its Empire Wind 1 project, marking a significant milestone in U.S. offshore wind development. The
The Bureau of Ocean Energy Management (BOEM) has launched a groundbreaking initiative for offshore wind development near Guam, marking a significant expansion
U.S. President-elect Donald Trump called to "open up" the British North Sea and get rid of windmills in a post on his social media platform Truth Social on
The Biden administration continues to advance offshore wind development with its approval of the SouthCoast Wind Project, marking the nation’s 11th
By Jennifer A. Dlouhy Dec 20, 2024 (Bloomberg) –The Interior Department approved the 2.4-gigawatt SouthCoast Wind farm planned near the
The Bureau of Ocean Energy Management (BOEM) has confirmed competitive interest in two offshore wind areas (WEAs) off the southeast Texas coast, following an
W&T Offshore, an independent driller operating in the U.S. Gulf of Mexico, has asked a federal judge to block insurance companies' demands for $250 million in
Europe is starting to find the limit of a decades-long boom in offshore wind. It can be seen most acutely in the places that have been quickest to build
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