Offshore

Get comprehensive coverage of offshore industries, including oil and gas, renewable energy, and subsea operations. Stay informed on the latest offshore and upstream O&G news.


Monday, November 20, 2023
A Main Pass Oil Gathering Company, LLC helicopter aircrew spotted crude oil during an overflight near Main Pass, Louisiana, November 16, 2023. Photo courtesy Main Pass Oil Gathering Company, LLC
Offshore

Massive Oil Leak Near New Orleans: Over 1 Million Gallons Potentially Released

A suspected pipeline leak near Plaquemines Parish, southeast of New Orleans, could have led to the release of over 1 million gallons of crude oil, the U.S.

November 20, 2023
Total Views: 5224

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

Europe’s Battered Offshore Wind Sector Sees Hope In Year of Crisis

By Priscila Azevedo Rocha (Bloomberg) — The crisis engulfing Europe’s wind industry is proving to be a wake-up call: things have to change

November 20, 2023
Total Views: 1303

Friday, November 17, 2023
A Main Pass Oil Gathering Company, LLC helicopter aircrew spotted crude oil during an overflight near Main Pass, Louisiana, November 16, 2023. Photo courtesy Main Pass Oil Gathering Company, LLC
Offshore

Crude Oil Release in the Gulf of Mexico Prompts Unified Command Response

Update: Massive Oil Leak Near New Orleans: Over 1 Million Gallons Potentially Released A Unified Command is responding to a crude oil release in the Gulf of

November 17, 2023
Total Views: 5153

offshore wind farm
Offshore

Offshore Wind Industry Crisis Deepens as Japan Firms Exit Taiwan Projects

By Sing Yee Ong (Bloomberg) — Japanese companies are dropping out of offshore wind projects in Taiwan, one of fastest growing markets for the

November 17, 2023
Total Views: 2354

Thursday, November 16, 2023
File Photo: Wind farm in the North sea off the coast of United Kingdom.
Offshore

UK Ramps Up Wind Farm Support to Revive Crisis-Hit Industry

(Bloomberg) — The UK government raised the support price for new offshore wind farms by 66% as it tries to rekindle investment in a crisis-hit sector

November 16, 2023
Total Views: 851

Wednesday, November 15, 2023
Rem Offshore's subsea vessel Rem Inspector. Photo courtesy Rem Offshore
Offshore

Rem Offshore Secures New Contracts Worth $140 Million, Doubling Backlog

Norway-based Rem Offshore (OSE: REM) has announced new long-term contracts worth US $140 million (NOK 1.5 billion), doubling the offshore vessel

November 15, 2023
Total Views: 1079

Port Arthur LNG export project. Illustration courtesy Sempra Infrastructure
Offshore

Sempra’s Port Arthur LNG Project At Risk After Appeals Court Scraps Permit

HOUSTON, Nov 15 (Reuters) – A U.S. court has removed an emissions permit for Sempra’s Port Arthur LNG

November 15, 2023
Total Views: 2563

Tuesday, November 14, 2023
The Prosperity FPSO at Payara, Guyana’s third offshore oil development on the Stabroek Block. Photo courtesy ExxonMobil
Offshore

ExxonMobil Begins Production at Guyana’s Third Offshore Oil Project

ExxonMobil has announced the start of production at Payara, the third offshore oil development on Guyana’s Stabroek Block, bringing total production

November 14, 2023
Total Views: 1720

Monday, November 13, 2023
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Orsted Quits Norway Offshore Wind Projects

By Rachel Morison and Priscila Azevedo Rocha (Bloomberg) — Orsted A/S has withdrawn from a partnership developing offshore wind projects in Norway as

November 13, 2023
Total Views: 4387

Wednesday, November 8, 2023
jack-up vessel Seajacks Zaratan installing wind turbines at the Akita and Noshiro offshore wind farms in Japan
Offshore

Cadeler Launches Offer to Forge Offshore Wind Installation Giant with Eneti

Cadeler A/S (OSE: CADLR) has announced the launch of a share exchange offer for all outstanding shares of common stock of Eneti (NYSE: NETI), part of a

November 8, 2023
Total Views: 1219

Tuesday, November 7, 2023
Tidewater offshore vessel at sea
Offshore

Tidewater Shares Tumble as OSV Day Rates Hit New High-Water Mark

Shares of Tidewater Inc. (NYSE:TDW) fell more than 10% on Tuesday after the company reported impressive revenue of nearly $300 million in the third quarter

November 7, 2023
Total Views: 3932

north sea oil rig
Offshore

Will UK’s New Push for Oil Drilling Boost Energy Security?

(Bloomberg) — British Prime Minister Rishi Sunak will this week announce a mandate for annual auctions of new licenses for oil and gas exploration in the

November 7, 2023
Total Views: 872

Monday, November 6, 2023
Wind turbines off of Block Island
Offshore

White House Remains Optimistic on Offshore Wind

By Valerie Volcovici WASHINGTON, Nov 6 (Reuters) – Denmark’s Orsted is still “committed” to

November 6, 2023
Total Views: 1592

Sunday, November 5, 2023
Vessels that are used for towing oil rigs in the North Sea are moored up at William Wright docks in Hull. REUTERS/Russell Boyce
Offshore

Britain To Legislate For Annual North Sea Oil And Gas License Rounds

LONDON, Nov 5 (Reuters) – The British government plans to legislate to mandate annual North Sea oil and gas licensing rounds, in a

November 5, 2023
Total Views: 1104

Friday, November 3, 2023
A stock photo of a vessel servicing an offshore wind farm at sunset
Offshore

Vessel Delay Sinks Orsted’s New Jersey Offshore Wind Projects

Orsted is attributing the cancellation of its Ocean Wind projects to factors including high inflation, rising interest rates and supply chain constraints,

November 3, 2023
Total Views: 3587

Thursday, November 2, 2023
ocean wind 1 project
Offshore

Biden Climate Goal Within Reach Despite Offshore Wind Setbacks

By Leslie Kaufman (Bloomberg) — The cancellation this week of two major wind projects off the coast of New Jersey effectively sinks President Joe

November 2, 2023
Total Views: 1230

Wednesday, November 1, 2023
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Crisis in U.S. Offshore Wind Industry Escalates

(Bloomberg) — The crisis engulfing the US offshore wind industry escalated as Orsted A/S and BP Plc became the latest developers to take large writedowns

November 1, 2023
Total Views: 5274

Orsted Halts Offshore Wind Projects Off New York and New Jersey
Offshore

Orsted Halts Offshore Wind Projects Off New York and New Jersey

Nov 1 (Reuters) – Renewable energy firm Orsted on Wednesday halted the development of two U.S. offshore wind projects and said

November 1, 2023
Total Views: 1617

Tuesday, October 31, 2023
Wind turbines off of Block Island
Offshore

Why the US Offshore Wind Industry is in the Doldrums

Oct 31 (Reuters) – Energy giants BP and Norway’s Equinor have booked hundreds of millions of dollars worth of impairments on their

October 31, 2023
Total Views: 5806

Subsea 7 stock photo
Offshore

Subsea 7 Awarded Major Mero 4 Field Development Contract by Petrobras

Subsea 7 S.A. has confirmed the award of a significant contract by Petrobras for the development of the Mero 4 field. The field is located approximately 200

October 31, 2023
Total Views: 1202