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, August 14, 2023
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: 1264

Tuesday, August 8, 2023
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: 1877

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: 1560

Monday, August 7, 2023
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: 1350

Friday, August 4, 2023
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: 5354

Monday, July 31, 2023
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: 1321

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: 2129

Friday, July 28, 2023
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: 3108

Thursday, July 20, 2023
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: 2392

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: 1324

Tuesday, July 18, 2023
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: 2214

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: 3178

Monday, July 17, 2023
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: 1905

Sunday, July 16, 2023
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: 1033

Saturday, July 15, 2023
Offshore

U.S. Probing Exxon Contractor In Guyana For Smuggling Drugs, Gold

GEORGETOWN, Guyana (Reuters) – U.S. government officials repeatedly warned Exxon Mobil to avoid doing business with two mining magnates in Guyana, who

July 15, 2023
Total Views: 8521

Thursday, July 13, 2023
Offshore

How Big Oil Won the Bidding for German Offshore Wind Sites

By Vera Eckert and Susanna Twidale FRANKFURT/LONDON July 13 (Reuters) – Energy majors BP and TotalEnergies have won a 7 gigawatt (GW) offshore wind

July 13, 2023
Total Views: 1361

Thursday, July 6, 2023
Offshore

Bernhard Schulte Offshore Returns to Ulstein for Two Methanol-Ready CSOVs

Bernhard Schulte Offshore has contracted Ulstein Verft to design and construct two Commissioning Service Operation Vessels (CSOVs) capable of operating on

July 6, 2023
Total Views: 1213

Wednesday, July 5, 2023
Offshore

Biden Admin Approves Nation’s Third Offshore Wind Project

The Bureau of Ocean Energy Management has approved the construction and operation plan for the Ocean Wind 1 project off the coast of New Jersey. The project is

July 5, 2023
Total Views: 3500

Offshore

Edda Wind Newbuild Begins Contract with World’s Largest Offshore Wind Farm

Norwegian offshore wind service company, Edda Wind, has commenced a new two-year contract with the Dogger Bank Offshore Wind Farm, marking a significant

July 5, 2023
Total Views: 2325

Thursday, June 29, 2023
Offshore

Biden Administration Initiates Environmental Review of Beacon Wind Project Off Massachusetts

The Bureau of Ocean Energy Management (BOEM) will begin the environmental review of a proposed 2.4-gigawatt (GW) wind energy project offshore Massachusetts.

June 29, 2023
Total Views: 1949