Offshore

Danish offshore wind giant Ørsted has completed a major financial restructuring in the third quarter of 2025, raising DKK 60 billion ($8.8 billion) through a

A U.S. District Court judge ruled on Tuesday that U.S. President Donald Trump's Interior Department may reconsider the Biden administration's approval of

Funds managed by Apollo Global Management Inc. agreed to invest $6.5 billion in Orsted A/S’s Hornsea 3, the UK offshore wind project that’s among the

Global marine insurance premiums reached $39.92 billion in 2024, representing a 1.5% increase over the previous year, according to the International Union of

The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from

Health and Human Services Secretary Robert F. Kennedy Jr. directed Centers for Disease Control and Prevention staff to probe the potential harms of offshore

By Jennifer A. Dlouhy Oct 23, 2025 (Bloomberg) –The Trump administration is readying a proposal to open almost all US coastal waters to new offshore

Louisiana-based Otto Candies, LLC has acquired four multi-purpose support vessels from Harvey Gulf International Marine, marking a significant expansion of the

The U.S. Department of the Treasury imposed sanctions on Russia’s two largest oil companies on October 22, targeting Rosneft and Lukoil in response to

Seatrium Limited announced it received a notice of arbitration from Maersk Offshore Wind over a dispute regarding the termination of a contract for a nearly

Belgian offshore wind contractor DEME has taken delivery of its new wind turbine installation vessel Norse Wind at the CIMC Raffles Shipyard. The vessel is

U.S. shipbuilders and port operators are getting hit in the fallout from President Donald Trump’s campaign to wipe out the offshore wind industry,

Singapore-based Seatrium Limited announced today it has received a notice of termination from Maersk Offshore Wind for a nearly completed Wind Turbine

The Port of Long Beach has been awarded $20 million by the California Energy Commission to develop Pier Wind, a proposed 400-acre terminal dedicated to

The global offshore wind industry is experiencing significant challenges despite overall strong growth in renewable capacity worldwide, according to the

By William Mathis and Pablo Mayo Cerqueiro (Bloomberg) — Orsted A/S raised 60 billion Danish kroner ($9.4 billion) through a rights

The Trump administration’s attack on the offshore wind industry is squeezing a key revenue stream for the subcontractors that help build wind farms, forcing

Former U.S. President Joe Biden exceeded his authority by withdrawing large areas along U.S. coastlines from future offshore oil and gas development, a federal

The Trump administration told a federal court it intends to reconsider a key US government approval that authorized the construction of Equinor ASA’s planned

Jan De Nul is responding to growing global demand for subsea infrastructure protection with the order of a new specialized vessel, the George W. Goethals. This