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.


Wednesday, February 3, 2021
wind turbine
Offshore

U.S. to Restart Permitting for Major Offshore Wind Project

Feb 3 (Reuters) – The Biden administration said on Wednesday it would restart permitting for the first major U.S. offshore wind farm, reversing

February 3, 2021
Total Views: 2005

Monday, February 1, 2021
offshore wind farm
Offshore

Equinor and BP Secure Offshore Wind Partnership in U.S.

Norway’s Equinor says it has closed its previously disclosed agreement with BP to sell 50 percent stakes in its Empire Wind and Beacon Wind projects,

February 1, 2021
Total Views: 1336

Wednesday, January 27, 2021
wind turbine
Offshore

Shell Acquires Majority Stake in Celtic Sea Floating Wind Farm

By Laura Hurst (Bloomberg) — Royal Dutch Shell Plc agreed to buy a 51% stake in an Irish project to develop a floating wind farm in the Celtic Sea.

January 27, 2021
Total Views: 2380

offshore rig north sea
Offshore

Biden Issues Dozens of Oil Drilling Permits in First Few Days

By Jennifer A. Dlouhy (Bloomberg) — The Biden administration has issued at least 31 new drilling permits authorizing operations on federal land and

January 27, 2021
Total Views: 5130

offshore oil rig
Offshore

Biden to Pause Oil and Gas Leases, Cut Fossil Fuel Subsidies with Climate-Focussed Executive Order

By Valerie Volcovici and Jeff Mason WASHINGTON, Jan 27 (Reuters) – President Joe Biden was set on Wednesday to sign executive actions to combat climate

January 27, 2021
Total Views: 1305

Tuesday, January 26, 2021
Polarcus Amani
Offshore

Lenders Take Control of Polarcus Assets After Seismic Surveyor Defaults on Debt

OSLO, Jan 26 (Reuters) – Lenders took control of Polarcus’s ships on Tuesday after the seismic surveyor defaulted on its bank loans and bonds,

January 26, 2021
Total Views: 3291

Monday, January 25, 2021
offshore rig
Offshore

BP Drastically Cuts Oil Exploration

BP ($BP) cuts in oil exploration could hurt struggling offshore exploration companies like Transocean ($RIG). UK oil major BP has drastically scaled back the

January 25, 2021
Total Views: 2686

Friday, January 22, 2021
offshore rig
Offshore

Goldman Sachs Says Biden’s First Steps Are Bullish for Oil

By Andres Guerra Luz and Saket Sundria (Bloomberg) — Initial steps taken by U.S. President Joe Biden’s administration may help support the oil market

January 22, 2021
Total Views: 3116

Thursday, January 21, 2021
Norway to Award Arctic Drilling Permits in Q2, Minister Says
Offshore

Norway to Award Arctic Drilling Permits in Q2, Minister Says

OSLO, Jan 21 (Reuters) – Norway is proceeding with plans to award oil and gas exploration permits in frontier regions of the Arctic later this year, Oil

January 21, 2021
Total Views: 1188

EU Lawmakers Call for Halt to Nord Stream 2 After Kremlin Critic’s Arrest
Offshore

EU Lawmakers Call for Halt to Nord Stream 2 After Kremlin Critic’s Arrest

By Kate Abnett and Robin Emmott BRUSSELS, Jan 21 (Reuters) – European Union lawmakers passed a resolution on Thursday calling for the bloc to stop the

January 21, 2021
Total Views: 2161

offshore wind farm under construction. DJ Mattaar / Shutterstock
Offshore

Permitting for Big U.S. Offshore Wind Farm Will Resume ‘Very, Very Soon’ -Avangrid CEO

Jan 20 (Reuters) – The developer of the first major U.S. offshore wind farm said on Wednesday it will soon apply for a federal permit from

January 21, 2021
Total Views: 2664

Friday, January 15, 2021
Construction Set to Start on Nord Stream 2 Pipeline in Danish Waters
Offshore

Construction Set to Start on Nord Stream 2 Pipeline in Danish Waters

BERLIN, Jan 15 (Reuters) – The Russia-led Nord Stream 2 (NS2) consortium on Friday said preparatory work to complete the subsea gas pipeline to Germany

January 15, 2021
Total Views: 2696

Offshore Oil Rig At Night
Offshore

Total Quits American Petroleum Institute Over Climate Policies

By Ron Bousso LONDON, Jan 15 (Reuters) – France’s Total SE on Friday became the first major global energy company to quit the main U.S. oil and gas

January 15, 2021
Total Views: 2617

Thursday, January 14, 2021
Equinor to Test Floating Solar Farm in Sunny Norway
Offshore

Equinor to Test Floating Solar Farm in Sunny Norway

Norwegian energy producer Equinor is taking on a project to test floating solar power off the not-so-sunny coast of Norway. Equinor announced Thursday that it

January 14, 2021
Total Views: 3301

U.S. Adds Chinese Oil Giant CNOOC to Blacklist
Offshore

U.S. Adds Chinese Oil Giant CNOOC to Blacklist

By David Shepardson, Alexandra Alper and David Brunnstrom WASHINGTON, Jan 14 (Reuters) – The United States announced sanctions on Chinese state-owned

January 14, 2021
Total Views: 1272

Wednesday, January 13, 2021
semisubmersible drilling rig at sea
Offshore

Ocean 100: The 100 Companies That Dominate the Ocean Economy

By Umberto Bacchi Jan 13 (Thomson Reuters Foundation) – Just 100 companies account for most of the profits from the world’s seas, researchers said

January 13, 2021
Total Views: 5669

offshore wind farm
Offshore

Equinor Selected to Develop Major Offshore Wind Projects Off New York State

Norwegian energy giant Equinor has been selected to develop two large offshore wind farms off New York State in what is said to be one of the largest renewable

January 13, 2021
Total Views: 1938

wind turbine
Offshore

Siemens Partnership to Develop Offshore Wind-to-Hydrogen Prototype

By William Mathis (Bloomberg) — Siemens Gamesa Renewable Energy SA and Siemens Energy AG plan to spend 120 million euros ($146 million) to figure

January 13, 2021
Total Views: 1848

Tuesday, January 5, 2021
Stock photo shows an oil tanker at a terminal
Offshore

Oil Tops $50 for First Time Since February

By Andres Guerra Luz (Bloomberg) — Oil surpassed $50 a barrel as Saudi Arabia pledged to voluntarily cut output by an extra 1 million

January 5, 2021
Total Views: 1226

Tuesday, December 29, 2020
Russia Pushes Ahead on Gas Link to Europe Before U.S. Sanctions
Offshore

Russia Pushes Ahead on Gas Link to Europe Before U.S. Sanctions

By Vanessa Dezem, Daniel Flatley and Dina Khrennikova (Bloomberg) — Russia is stepping up work on the Nord Stream 2 pipeline before the U.S. tightens

December 29, 2020
Total Views: 1641