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.


Friday, September 22, 2023
Offshore

Northland Power and Mitsui Make Final Investment Decision on $6.5 Billion Offshore Wind Project in Taiwan

Canadian power producer Northland Power Inc. and Japan-based Mitsui & Co. have announced their final investment decision on the $6.5 billion Hai Long

September 22, 2023
Total Views: 1679

Energy

US Government Ordered to Expand Gulf of Mexico Oil Auction

(Bloomberg) — A federal judge ordered the Biden administration to expand next week’s Gulf of Mexico oil lease sale, saying officials appear to have

September 22, 2023
Total Views: 4639

Thursday, September 21, 2023
Offshore

Equinor Submits Plans for $9 Billion Field Projects Offshore Brazil

Norwegian energy company Equinor has announced the commercial viability and submitted development plans for two major offshore oil and gas fields in

September 21, 2023
Total Views: 1068

Offshore

Rapid Growth in Offshore Wind Poses Risks and Challenges, Says Allianz

The offshore wind industry is experiencing rapid growth globally, with increasing investment, power capacity, and technological innovations. However,

September 21, 2023
Total Views: 2084

Wednesday, September 20, 2023
Offshore

Biden Administration Issues Roadmap for Boosting Atlantic Offshore Wind Power Transmission

The Biden Administration has issued a comprehensive roadmap to accelerate offshore wind transmission in the U.S. Atlantic region. The action plan, released

September 20, 2023
Total Views: 1644

Offshore

Norway’s Aker BP May Explore for Seabed Minerals

OSLO, Sept 20 (Reuters) – Norway’s second-largest listed oil and gas company, Aker BP, said it would consider applying for licenses to mine

September 20, 2023
Total Views: 1046

Monday, September 18, 2023
Offshore

DOF Wins $260 Million Contract Extension in Brazil

Norwegian offshore vessel owner DOF has secured three new service contracts worth over $260 million with Petrobras in Brazil. The contracts involve survey and

September 18, 2023
Total Views: 985

Offshore

Orsted CEO Says U.S. Offshore Wind Targets Not Out of Reach

By Scott DiSavino and Nichola Groom Sept 18 (Reuters) – U.S. President Joe Biden’s plan to deploy 30,000 megawatts (MW)

September 18, 2023
Total Views: 1612

Offshore

Eneti Lands Contract for Newbuild WTIV at Attractive Dayrate

Offshore wind installation vessel (WTIV) shipowner Eneti Inc. (NYSE:NETI) has announced a new vessel reservation contract for Seajacks UK Limited for one of

September 18, 2023
Total Views: 1448

Sunday, September 17, 2023
Offshore

California Sues Oil Giants Claiming Deception, Climate Harms

By Alicia Diaz (Bloomberg) –California sued major oil companies including Exxon Mobil Corp. and Shell Plc, saying they deceived the public for

September 17, 2023
Total Views: 3480

Friday, September 15, 2023
Offshore

States Beg Biden to Bolster Offshore Wind While Projects Flounder

By Jennifer A. Dlouhy (Bloomberg) — Six US governors have implored President Joe Biden to boost support for the fledgling offshore wind industry amid

September 15, 2023
Total Views: 2956

Offshore

Biden’s Offshore Wind Target Slipping out of Reach as Projects Struggle

Sept 15 (Reuters) – President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change

September 15, 2023
Total Views: 1487

Thursday, September 14, 2023
Offshore

Transocean Announces $486 Million Drillship Contract in Brazil

Offshore drilling contractor Transocean has announced a three-year contract for its newbuild ultra-deepwater drillship Deepwater Aquila in Brazil. The contract

September 14, 2023
Total Views: 1282

Offshore

Vattenfall Plans German Offshore Wind Farm After UK Project Exit

(Bloomberg) — Swedish state-owned utility Vattenfall AB is planning further investments in offshore wind energy in Germany, showing confidence in the

September 14, 2023
Total Views: 1157

Wednesday, September 13, 2023
Offshore

Guyana’s Anticipated Offshore Oil and Gas Auction Receives Bids for Eight Blocks

By Kiana Wilburg and Marianna Parraga GEORGETOWN, Sept 13 (Reuters) – Guyana on Wednesday received bids for eight of 14

September 13, 2023
Total Views: 1180

Tuesday, September 12, 2023
Offshore

UK’s Offshore Energy Industry Risks Missing Out on 95,000 Jobs

(Bloomberg) — If the UK doesn’t significantly ramp up renewables investment at a time when oil and gas is in decline, as many as 95,000 potential

September 12, 2023
Total Views: 837

Monday, September 11, 2023
Offshore

BOEM Completes Environmental Review of Offshore Wind Project Off New York

The Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed Empire Wind offshore wind projects off New York, which BOEM

September 11, 2023
Total Views: 2191

Energy

Vineyard Wind Ships Out First Turbine From New Bedford

Vineyard Wind shipped out the first GE Haliade-X Wind Turbine Generator (WTG) from New Bedford to its home location over 30 miles from Cape Cod. Foss Maritime,

September 11, 2023
Total Views: 3486

Sunday, September 10, 2023
Offshore

Extreme Heat Is Fast Becoming A Threat To Global Fuel Security

By Serene Cheong, Sharon Cho and Yongchang Chin (Bloomberg) –Searing temperatures from Texas to Tokyo over the summer are the latest reminder of a

September 10, 2023
Total Views: 2625

Wednesday, September 6, 2023
Offshore

Challenges Facing the U.S. Offshore Wind Industry: Inflation, Interest Rates, and Insufficient Subsidies

By Scott DiSavino and Nerijus Adomaitis Sept 6 (Reuters) – The value of Danish energy company Orsted, the world’s

September 6, 2023
Total Views: 2779