Wednesday, May 12, 2021
colonial pipeline tanks
Offshore

Colonial Pipeline Restarting After Cyberattack

By Mike Jeffers and William Turton (Bloomberg) — The largest gasoline pipeline in America is returning to service, recovering from a cyberattack late Friday that raised pump prices and choked fuel...

May 12, 2021
Total Views: 2581

Tuesday, May 11, 2021
Eneti offshore wind turbine installation vessel
Offshore

Eneti (Ex-Scorpio Bulkers) in Planning Stages for Jones Act-Compliant Wind Turbine Installation Vessel

Eneti Inc. on Tuesday revealed plans it has entered into a binding agreement for the construction of one Wind Turbine Installation Vessel (WTIV), as well as “advanced discussions” with U.S....

May 11, 2021
Total Views: 2595

offshore wind farm
Offshore

First Large-Scale Offshore Wind Farm in U.S. Waters Wins Federal Approval

The Biden Administration today announced the approval for the construction and operation of Vineyard Wind, the nation’s first large-scale offshore wind farm. The announcement was made jointly by Secretary of...

May 11, 2021
Total Views: 2000

keppel shipyard
Offshore

Keppel Wins $2.3 Billion FPSO Contract from Petrobras

Keppel Offshore & Marine has been awarded a $2.3 billion contract to build a Floating Production, Storage and Offloading (FPSO) vessel for Brazil’s national oil company Petrobras. Named P-78, the...

May 11, 2021
Total Views: 2101

Friday, May 7, 2021
offshore wind farm
Offshore

How an Oil Company Becomes a Renewables Company

By Nathaniel Bullard (Bloomberg) — Last week a raft of oil majors released their first-quarter results, with companies like Royal Dutch Shell Plc showing a return to pre-pandemic profit levels. At the...

May 7, 2021
Total Views: 5115

Monday, May 3, 2021
offshore drillship
Offshore

Offshore Driller Valaris Emerges from Chapter 11 Bankruptcy After Eliminating $7 Billion in Debt

Leading offshore drilling contractor Valaris Group has emerged from Chapter 11 bankruptcy having successfully completed its financial restructuring to eliminate over $7 billion in pre-petitioned debt. Valaris’ Plan of Reorganization,...

May 3, 2021
Total Views: 5208

offshore wind farm
Offshore

U.S. Announces Environmental Review of Revolution Wind Project Off Rhode Island

The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has announced an environmental review and public comment period for the proposed Revolution Wind offshore wind project offshore Rhode...

May 3, 2021
Total Views: 1967

sembcorp marine yard
Offshore

Singapore-Based Sembcorp Marine Faces COVID-19 Headwinds, Skilled Worker Shortage

Singapore-based marine and offshore engineering Sembcorp Marine expects losses to continue this year as it faces COVID-19 constraints and a shortage of skilled workers. Sembcorp Marine provided the outlook in...

May 3, 2021
Total Views: 2865

Thursday, April 29, 2021
Offshore

Wind Power Giant’s Profit Hit by Rocks on the Seabed

By William Mathis (Bloomberg) — Building power plants in the middle of the sea was never going to be easy. The world’s largest developer of offshore wind farms Orsted A/S has...

April 29, 2021
Total Views: 6746

Tuesday, April 27, 2021
offshore wind turbine
Offshore

Siemens Expects Offshore Wind Boom in Baltic Sea

By Maciej Martewicz (Bloomberg) — Siemens Gamesa Renewable Energy SA sees huge potential for offshore wind in the Baltic Sea as the world’s largest producer of turbines at sea looks to take advantage...

April 27, 2021
Total Views: 1668

Thursday, April 22, 2021
offshore wind farm
Offshore

Orsted Plans Bid for North Sea Renewable Energy Island

COPENHAGEN, April 22 (Reuters) – Wind farm developer Orsted plans to submit a joint bid with Danish pension fund ATP to finance and build the world’s first energy island in...

April 22, 2021
Total Views: 861

Tuesday, April 20, 2021
houston ship channel
Offshore

Legendary Natural Gas Trader Sees ‘Seismic Shift’ in Houston’s Oil Patch

By Gerson Freitas Jr. (Bloomberg) — For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s fossil-fuel industry seems finally ready to move on. A...

April 20, 2021
Total Views: 5154

Exxon Mobil carbon capture and storage illustration
Offshore

Exxon Mobil Floats Carbon Capture and Storage Project in Gulf of Mexico

By Jennifer Hiller HOUSTON, April 19 (Reuters) – Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from U.S....

April 20, 2021
Total Views: 2186

vlcc tanker
Offshore

Historic Oil Price Crash Marks One Year Anniversary at $63 a Barrel

By Andres Guerra Luz and Alex Longley (Bloomberg) — Oil fluctuated above $63 a barrel, exactly one year after U.S. benchmark crude futures plunged below zero, with traders extending its rally...

April 20, 2021
Total Views: 1480

Friday, April 16, 2021
Deb Haaland file photo
Offshore

U.S. Interior Department Revokes Trump Energy Policies, Putting Climate at Center Stage

April 16 (Reuters) – The U.S. Interior Department on Friday sought to erase the Trump administration’s pro-fossil fuels legacy from the nation’s public lands by revoking a suite of policies...

April 16, 2021
Total Views: 2061

Wednesday, April 14, 2021
Tommy Beaudreau
Offshore

Biden to Nominate Veteran Offshore Drilling Regulator as Deputy Interior Secretary

By Jennifer A. Dlouhy (Bloomberg) — Tommy Beaudreau, a veteran of the Interior Department who charted new restrictions for Arctic oil drilling under former President Barack Obama, is being tapped to...

April 14, 2021
Total Views: 1070

Offshore

U.S. Appeals Court Affirms Offshore Oil and Gas Leasing Ban in Arctic, Atlantic

By Yereth Rosen ANCHORAGE, Alaska, April 13 (Reuters) – A federal appeals court on Tuesday confirmed bans on offshore oil leasing in most federal Arctic waters and in the Atlantic after...

April 14, 2021
Total Views: 1986

Tuesday, April 13, 2021
Ocergy floating wind illustration
Offshore

Chevron Wades Into Offshore Wind for First Time

By Josh Saul and Kevin Crowley (Bloomberg) — Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development and commercialization of floating offshore wind turbines....

April 13, 2021
Total Views: 1355

hurricane zeta october 28
Offshore

Lawsuit Sheds Light on Serious Drillship Incident in Gulf of Mexico During 2020’s Hurricane Zeta

A former senior engineer on board a Transocean drillship in the U.S. Gulf of Mexico has filed a civil lawsuit alleging the offshore drilling contractor and its business partners put...

April 13, 2021
Total Views: 13816

Friday, April 9, 2021
shi eco wtiv
Offshore

Samsung Heavy Industry Unveils New Wind Turbine Installation Vessel Design

South Korean shipbuilder Samsung Heavy Industries has unveiled a new proprietary Wind Turbine Installation Vessel (WTIV) design that the shipyard will market to the growing offshore wind industry. SHI says...

April 9, 2021
Total Views: 12409