NextEra CEO Says Offshore Wind a Bad Bet
By David French HOUSTON, March 8 (Reuters) – Offshore wind is a bad bet due to the complications of installing and maintaining
By David French HOUSTON, March 8 (Reuters) – Offshore wind is a bad bet due to the complications of installing and maintaining
Offshore drilling contractor Valaris will reactivate its ultra-deepwater drillship DS-8 for a three-year contract with Brazilian state-owned energy company
WASHINGTON, March 7 (Reuters) – New intelligence reviewed by U.S. officials suggests that a pro-Ukraine group – likely comprised of Ukrainians or
By Kevin Crowley (Bloomberg) — Guyana is planning another auction of prospective oil-field leases next year as the world’s fastest-growing economy
Some big news from Houston-based Tidewater, the world’s largest owner and operator of offshore support vessels (OSVs). The company announced it has reached
Brazilian state-owned oil and gas company Petrobras has signed a letter of intent with Equinor, the Norwegian multinational energy company, to expand their
By William Mathis (Bloomberg) — Orsted A/S, the world’s largest developer of offshore wind farms, said its biggest project in the UK is at risk of
Subsea7, a company that provides services to offshore oil and gas industries, has reached a deal to acquire a majority of Seaway7’s remaining shares,
March 3 (Reuters) – About 50 offshore workers on BP North Sea installations have backed strike action in a dispute over pay and overtime rates,
By Kari Lundgren and Christian Wienberg (Bloomberg) — Norway’s Equinor ASA agreed to buy Suncor Energy UK Ltd. for $850 million, adding to its oil and
Bleutec Industries Offshore Wind Services LLC (Bleutec) has recently received approval for its Binary Marine Installation Solution (BMIS) from the American
Edda Wind ASA has ordered an additional four wind farm support vessels at Vard at a cost of EUR 63 million apiece. Headquartered in Norway, Edda Wind is the
The world’s largest offshore support vessel (OSV) owner and operator Tidewater Inc. is optimistic that the recovery of the offshore vessel market will
By Barry Parker (gCaptain) – Capital Link’s Jones Act webinar on Offshore Wind, moderated by lawyer Winston & Strawn’s Charlie Papavizas,
Offshore wind energy critics often cite the risk of collision with birds as an argument against the use of wind power. But a new study conducted by European
Offshore service vessel supplier Hornbeck Offshore Services (HOS) has entered into a definitive purchase agreement with an affiliate of Edison Chouest Offshore
By Josh Saul (Bloomberg) — A shortage of the big boats capable of installing wind turbine foundations on the ocean floor threatens to delay new projects
Republican Congressman from New Jersey Jeff Van Drew has announced plans to hold a local hearing on offshore wind projects along with plans to introduce
Seaway7 and Saipem have announced a commercial collaboration agreement to identify, bid and execute bottom-fixed offshore wind projects. Under the agreement,
The U.S. Department of the Interior has proposed the first-ever offshore wind lease sale in the Gulf of Mexico. The proposed sale includes a 102,480-acre area
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