Offshore

SEOUL, June 3 (Reuters) – South Korean President Yoon Suk Yeol said on Monday the possibility of a vast amount of oil and gas reserve in the

The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has made available its Final Environmental Assessment (Final EA) for a

Leading wind turbine installation shipowner, Cadeler, has announced the signing an agreement with an undisclosed client reserving future vessel capacity for

Cadeler A/S, a leading specialist in offshore wind vessels, has confirmed the order for its third cutting-edge A-class wind farm installation vessel, the Wind

Jan De Nul Group announced a major expansion to their fleet with the order of an additional XL cable-laying vessel. This move is another significant investment

Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) reported a record dayrate of $545,000 for a one-well contract in the first quarter of

The first American-built, owned, and crewed offshore wind service operations vessel (SOV), the ECO EDISON, was launched over the weekend, marking a significant

By Anna Shiryaevskaya and Ewa Krukowska (Bloomberg) — Since the start of Russia’s invasion of Ukraine, Europe and its allies have looked for ways to

(Bloomberg) — Donald Trump vowed to issue an executive order targeting offshore wind development if he wins a second term as president, making his most

By Jennifer A Dlouhy (Bloomberg) — Companies racing to build multibillion-dollar wind farms in US waters are already contending with surging borrowing

By Stephen Treloar and Kari Lundgren (Bloomberg) — The vessel that will tap Norway’s newest oil field is now undergoing final checks before setting

(Bloomberg) — Full repairs to three submarine internet cables damaged in the Red Sea in February are being held up by disputes over who

By Georgina McCartney HOUSTON, May 5 (Reuters) – As Big Oil returns this week to the industry’s annual showcase for offshore energy projects

Tidewater Inc. (NYSE:TDW), a leading global provider of offshore service vessels (OSVs), reported impressive first quarter results as day rates for OSVs

(Bloomberg) — Tankers that transfer Russian oil off the southern coast of Greece sailed further out into the Mediterranean after naval exercises were

John Fredriksen, through his company Geveran Trading Co. Limited, has become the largest shareholder of Norwegian offshore wind service company, Edda Wind. In

Offshore drilling contractor Transocean has announced securing an offshore drilling contract above the highly coveted $500,000 day rate mark amid continued

The Department of the Interior has announced two proposals for offshore wind lease sales off the Oregon coast and the Gulf of Maine. The Bureau of Ocean Energy

The U.S. Department of the Interior has announced a final rule that modernizes regulations governing offshore wind projects in federal waters, which could help

(Bloomberg) — The Biden administration is taking steps to jump-start the fledgling offshore wind sector, outlining a five-year leasing plan that would