Sunday, November 8, 2020
offshore oil rigs
Offshore

Biden Predicted To Start By Reversing Trump’s Offshore Drilling And CO2 Deregulations

By Valerie Volcovici (Reuters) – Joe Biden could erase much of President Donald Trump’s four-year legacy of energy and climate deregulation with the stroke of his pen, according to regulatory...

November 8, 2020
Total Views: 172

Friday, November 6, 2020
Environment

EU Eyes Huge Increase in Offshore Wind to Meet Climate Goals

By Kate Abnett BRUSSELS, Nov 6 (Reuters) – The European Union is considering a plan to increase its offshore wind energy capacity five-fold this decade and 25-fold by 2050, as...

November 6, 2020
Total Views: 42

Wednesday, November 4, 2020
Maritime News

Norway’s Top Court Starts Hearing on Arctic Oil Exploration

By Nerijus Adomaitis OSLO, Nov 4 (Reuters) – Norway’s top court began to hear arguments on Wednesday on the legality of awarding offshore oil licenses in the Arctic, in a...

November 4, 2020
Total Views: 16

Monday, November 2, 2020
Maritime News

Watch: Viral Video Shows Scary Moment a Lifeboat Suddenly Falls During a Drill

@justanotherservicetech Lifeboat accident ???#lifeboat #safetyfirst #accident #hopenoonegothurt ? original sound – Justanotherservicetech A video posted to the social media website TikTok shows the scary moment a lifeboat fails during a...

November 2, 2020
Total Views: 737

drillship
Offshore

Pacific Drilling Files for Chapter 11 Bankruptcy

NYSE-listed offshore drilling contractor Pacific Drilling has filed for Chapter 11 bankruptcy in an effort to restructure $1.1 billion in bond debt. It’s the second time in three years the...

November 2, 2020
Total Views: 261

johan sverdrup offshore field
Offshore

Norway’s Equinor Sets Net-Zero Emissions Climate Goal

Norwegian energy giant Equinor has set a goal to reach net-zero emissions in line with the Paris Agreement. Earlier this year Equinor announced plans to achieve net zero greenhouse gas...

November 2, 2020
Total Views: 36

Friday, October 30, 2020
Environment

Maryland, North Carolina, and Virginia Eye Role as Nation’s Offshore Wind Hub

The governors of Maryland, North Carolina, and Virginia are teaming up to advance offshore wind projects and promote the region as a hub for offshore wind energy and industry development....

October 30, 2020
Total Views: 26

Thursday, October 29, 2020
Offshore

Active Hurricane Season Weighs on U.S. Energy Production

Oct 29 (Reuters) – As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday, this year’s repeated oil and gas production halts were already hitting energy firms’...

October 29, 2020
Total Views: 20

semisubmersible drilling rig
Offshore

Exxon Mobil to Slash 14,000 Jobs Due to Oil Slump

By Kevin Crowley (Bloomberg) –Exxon Mobil Corp. will slash its global workforce by 15% by the end of 2022, an unprecedented culling by North America’s biggest oil explorer as it...

October 29, 2020
Total Views: 35

Offshore

Exxon Mobil’s Fading Star: United States’ Once Biggest Energy Company Surpassed by Rivals

By Jennifer Hiller Oct 29 (Reuters) – Exxon Mobil Corp was once the largest U.S. publicly traded company in the United States. Now, the oil major is not even the...

October 29, 2020
Total Views: 24

Environment

World’s Top Wind Turbine Maker Ups the Stakes in Offshore Race

By William Mathis and Nishant Kumar (Bloomberg) — Vestas Wind Systems A/S, the world’s biggest wind turbine manufacturer, will buy out its offshore joint venture partner in an all-share deal...

October 29, 2020
Total Views: 20

Tuesday, October 27, 2020
Offshore

U.S. Gulf’s Offshore Energy Producers Brace for Latest Hurricane

By Erwin Seba HOUSTON, Oct 27 (Reuters) – Energy firms and ports along the U.S. Gulf Coast prepared on Tuesday for another test as Hurricane Zeta, the 11th hurricane of...

October 27, 2020
Total Views: 30

wind turbine
Environment

Green Power to Draw $11 Trillion Investment by 2050: BNEF

By William Mathis and Jeremy Hodges (Bloomberg) — Green power is set to draw around $11 trillion of investment in the coming decades as the cost of renewables plummets and...

October 27, 2020
Total Views: 25

Sunday, October 25, 2020
Offshore

Turkey Continues Disputed Mediterranean Seismic Survey

by Daren Butler (Reuters) – Turkey said it was extending the seismic survey work of its Oruc Reis ship in a disputed area of the eastern Mediterranean until Nov. 4,...

October 25, 2020
Total Views: 11

Friday, October 23, 2020
offshore wind farm under construction
Environment

Warships to Wind Turbines: Spain Shipyard Eyes EU Aid in Pivot to Wind Power

By Jeannette Neumann (Bloomberg) — Spanish shipbuilder Navantia is stepping up its bet on offshore wind energy, a venture that stands to benefit from the European Union’s fiscal response to...

October 23, 2020
Total Views: 36

Thursday, October 22, 2020
Environment

U.S. Coast Guard Conducts Simulated Rescue on Offshore Wind Turbine

It’s an inevitable fact that the United States is set for a major increase in the number of wind turbines off its coast in the coming decade. This means more...

October 22, 2020
Total Views: 70

Wednesday, October 21, 2020
Offshore

Lawsuit Claims Trump Admin Offshore Drilling Analysis Violates Endangered Species Act

By Christopher Yasiejko (Bloomberg) –The Trump administration was sued by several environmental groups that claim it has violated the Endangered Species Act with a long-awaited assessment of the harm that...

October 21, 2020
Total Views: 17

Tuesday, October 20, 2020
Interesting

PDVSA to Offload Crude from Listing Oil Facility Off Venezuela

CARACAS, Oct 20 (Reuters) – An oil tanker operated by Venezuelan state oil company Petroleos de Venezuela on Tuesday approached a floating oil facility where it is expected to receive...

October 20, 2020
Total Views: 82

offshore rig
Maritime News

Losing Control? Norway’s Offshore Oil Workers Fear for Future as Rigs Go Remote

By Nerijus Adomaitis OSLO, Oct 20 (Reuters) – A shift to operating oil rigs remotely from land, which has been accelerated by lower crude prices, has rekindled concerns among Norwegian...

October 20, 2020
Total Views: 33

Monday, October 19, 2020
offshore wind farm
Environment

Wind, Solar Are Cheapest Power Source In Most Places, BNEF Says

By Jeremy Hodges (Bloomberg) –Wind and solar power are the cheapest form of new electricity in most of the world today. That’s the analysis of BloombergNEF, which predicts a tipping...

October 19, 2020
Total Views: 10