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.


Tuesday, August 22, 2023
Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon April 21, 2021. U.S. Coast Guard Photo
Offshore

Biden Administration Tightens Obama-Era Offshore Drilling Safety Rules Relaxed by Trump

The U.S. Department of the Interior has announced new measures to enhance worker safety and ensure offshore oil and gas operations in federal waters are

August 22, 2023
Total Views: 1896

Wind turbines off of Block Island
Offshore

Biden Administration Approves Fourth Commercial-Scale Offshore Wind Farm

The Department of the Interior has approved the Revolution Wind project, marking the fourth commercial-scale offshore wind project to receive federal approval

August 22, 2023
Total Views: 1186

Saturday, August 19, 2023
Offshore oil rigs. Photo: By Lukasz Z / Shutterstock
Offshore

Unions May Strike At Key Australia Gas Platforms

By Alasdair Pal SYDNEY, Aug 20 (Reuters) – Unions at Woodside Energy Group’s WDS.AX North West Shelf offshore gas platforms on Sunday

August 19, 2023
Total Views: 763

Offshore drilling rig photo via Shutterstock / James Jones Jr
Offshore

Namibia Plans $2.1 Billion Port Expansion For Oil Developments

By Kaula Nhongo (Bloomberg) –Namibia is seeking private investment for a 40 billion Namibian dollar ($2.1 billion) port infrastructure expansion

August 19, 2023
Total Views: 4184

Thursday, August 17, 2023
An undated handout photo of the Gorgon LNG project located in Western Australia.
Offshore

Workers Begin Voting on Strike Action at Chevron’s LNG Export Facilities in Australia

By Renju Jose SYDNEY, Aug 18 (Reuters) – Workers at Chevron’s Gorgon and Wheatstone liquefied natural gas (LNG) facilities in Australia will

August 17, 2023
Total Views: 1564

File Photo: Wind farm in the North sea off the coast of United Kingdom.
Offshore

Underinvestment in Offshore Wind Supply Chain Puts Global Targets at Risk, Report Shows

The global offshore wind supply chain will need a massive $27 billion worth of investment by 2026 to meet the forecasted growth in annual installations by

August 17, 2023
Total Views: 958

Monday, August 14, 2023
The Hercules drilling rig underway. Photo courtesy Odfjell Drilling
Offshore

SFL Secures Offshore Drilling Contract with Equinor in Canada

SFL Corporation (NYSE: SFL) has secured a drilling contract in Canada with Equinor ASA for the semi-submersible rig Hercules, with an estimated value of $100

August 14, 2023
Total Views: 1237

Tuesday, August 8, 2023
offshore rigs Mobile offshore drilling units stand in the Port of Cromarty Firth in Cromarty, U.K.
Offshore

Offshore Drillers See No New Rigs Even as Demand Nears 2019 Peak

(Bloomberg) — As the world’s biggest offshore drillers gear up for more than $500 billion in new investments in the coming years, don’t expect rig

August 8, 2023
Total Views: 1861

Tidewater offshore vessel at sea
Offshore

Tidewater Profit Driven By Surging Day Rates and Positive Outlook

Tidewater Inc. (NYSE: TDW), a leading provider of offshore support vessels, reported a substantial improvement in revenue and earnings in the second quarter of

August 8, 2023
Total Views: 1541

Monday, August 7, 2023
aerial of an offshore wind turbine
Offshore

BP Considering Subsidy-Free Wind Farms in Irish Sea

By Priscila Azevedo Rocha and Laura Hurst (Bloomberg) — BP Plc is considering building two offshore wind farms in the Irish Sea without any support from

August 7, 2023
Total Views: 1339

Friday, August 4, 2023
The nation's first offshore wind substation installed at Avengrid's Vineyard Wind 1 project. Photo courtesy Avengrid
Offshore

World’s Biggest Offshore Wind Turbine Coming to U.S. Waters Next Week

By Will Wade (Bloomberg) — About 15 miles south of Martha’s Vineyard, Massachusetts, a massive structure emerges from the Atlantic Ocean. Nearby

August 4, 2023
Total Views: 5330

Monday, July 31, 2023
offshore wind turbine
Offshore

Biden Administration Finalizes Central Atlantic Wind Energy Areas

The Bureau of Ocean Energy Management (BOEM) has finalized three offshore Wind Energy Areas (WEAs) in federal waters off the coasts of Delaware, Maryland, and

July 31, 2023
Total Views: 1300

File photo of an offshore drillship
Offshore

Valaris to Reactivate Drillship for $364 Million Contract

Offshore drilling contractor Valaris (NYSE: VAL) will active its VALARIS DS-7 drillship after receiving a 12-well contract offshore West Africa. The contract

July 31, 2023
Total Views: 2111

Friday, July 28, 2023
offshore wind farm
Offshore

Ørsted Finalizes Lease to Become New Jersey Offshore Wind Port’s First Tenant

The state of New Jersey has approved agreements with Ørsted for the development and sublease of up to 34 acres at the New Jersey Wind Port (NJWP), a

July 28, 2023
Total Views: 3096

Thursday, July 20, 2023
General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain.
Energy

Key UK Offshore Wind Project Axed in Blow to Climate Plans

(Bloomberg) — Vattenfall AB halted the development of an offshore wind project in the UK after costs surged, posing a major setback for a key part of

July 20, 2023
Total Views: 2378

Wind turbines off of Block Island
Offshore

Biden Administration to Hold First-Ever Offshore Wind Lease Sale in Gulf of Mexico

The Department of the Interior will hold the first-ever offshore wind energy lease sale in the Gulf of Mexico, auctioning areas that have the potential to

July 20, 2023
Total Views: 1311

Tuesday, July 18, 2023
drillship
Offshore

Transocean Lands $518 Million Contract for Ultra-Deepwater Drillship in Mexico

Offshore drilling contractor Transocean (NYSE: RIG) gas announced a $518 million contract for one of its ultra-deepwater drillships off Mexico. Transocean said

July 18, 2023
Total Views: 2191

Large Oil Spill Reported Near Site of Pemex Platform Blast in Gulf of Mexico
Offshore

Large Oil Spill Reported Near Site of Pemex Platform Blast in Gulf of Mexico

By Amy Stillman (Bloomberg) — A large oil spill has been spotted in the Gulf of Mexico near the site of a deadly explosion at a Petroleos Mexicanos

July 18, 2023
Total Views: 3151

Monday, July 17, 2023
Wind turbines off of Block Island
Offshore

Biden Administration Advances Rhode Island Offshore Wind Project

The Bureau of Ocean Energy Management (BOEM) has completed its environmental analysis of the proposed Revolution Wind Farm Project offshore Rhode Island. The

July 17, 2023
Total Views: 1892

Sunday, July 16, 2023
An aerial view taken from a helicopter shows the Leviathan natural gas rig off the coast of the Mediterranean coast, in northern Israel, April 26, 2023. REUTERS/Amir Cohen/File Photo
Offshore

Four Groups Bid In Latest Israel Offshore Gas Exploration Tender

JERUSALEM, July 16 (Reuters) – Four groups of companies have made bids in Israel’s latest tender for offshore hydrocarbon

July 16, 2023
Total Views: 1025