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: 870

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: 5195

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: 2259

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: 1498

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: 2072

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: 1088

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: 2015

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: 1366

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: 15189

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: 12499

Thursday, April 8, 2021
Offshore

China Drills for Core Samples in Dispute South China Sea

BEIJING, April 8 (Reuters) – China has drilled deep in the South China Sea to retrieve sediment core from the seabed, state media reported on Thursday, amid tensions over disputed...

April 8, 2021
Total Views: 1892

Wednesday, April 7, 2021
offshore wind farm
Offshore

High Stakes at Sea in Global Rush for Offshore Wind Power

By Susanna Twidale and Nora Buli LONDON, April 7 (Reuters) – Global competition for offshore wind power is so hot that license auctions now resemble the oil and gas competitions of just...

April 7, 2021
Total Views: 1329

Offshore

Norway’s Sovereign Wealth Fund Pushes into Renewables with $1.6 Billion Orsted Deal

By Gwladys Fouche and Nikolaj Skydsgaard OSLO, April 7 (Reuters) – Norway’s $1.3 trillion sovereign wealth fund has made its first direct investment in a renewable energy project, a new...

April 7, 2021
Total Views: 1280

Friday, April 2, 2021
deme wind turbine installation vessel
Offshore

First Large-Scale Offshore Wind Project in U.S. Selects DEME-Foss Partnership for Wind Turbine Installation Work

The first large-scale offshore wind farm in the United States has selected a U.S.-based arm of Belgian marine services provider DEME to transport and install wind turbine generators for the...

April 2, 2021
Total Views: 6743

Wednesday, March 31, 2021
Offshore

Latest Customs and Border Protection Ruling Has Big Implications for the Jones Act’s Role in Offshore Wind

U.S. Customs and Border Protection has issued its latest ruling on the Jones Act’s role in the development of offshore wind projects off the nation’s coasts. The latest ruling now...

March 31, 2021
Total Views: 8508

Offshore Wind Turbines At Sea
Offshore

Biden Administration Aims for U.S. Leadership in Offshore Wind -Official

By Nichola Groom March 31 (Reuters) – The Biden administration aims to transform the United States into the world’s leading producer of energy from offshore wind after years of lagging behind Europe,...

March 31, 2021
Total Views: 1332

Monday, March 29, 2021
Offshore

Biden Administration Announces Major Offshore Wind Expansion Plan

By Jennifer A. Dlouhy and Josh Saul (Bloomberg) — The Biden administration is outlining ambitions to dramatically boost offshore wind power in the U.S. by 2030, pushing to drive construction of...

March 29, 2021
Total Views: 2065

offshore wind farm under construction
Offshore

Biden’s Offshore Wind Plan Includes New Port Infrastructure, New Ships -White House

The Biden Administration on Monday announced a goal of developing 30 gigawatts (GW) of offshore wind power United States’ federal waters by 2030, which is expected to create thousands of...

March 29, 2021
Total Views: 3179

Thursday, March 25, 2021
offshore drillship
Offshore

Offshore Drillers Noble and Pacific Drilling to Merge in All-Stock Deal

Offshore drilling contractors Noble Corporation and Pacific Drilling will combine in an all-stock transaction that will see Noble will acquire Pacific Drilling. A definitive merger agreement was unanimously approved by...

March 25, 2021
Total Views: 3169

Wednesday, March 24, 2021
wind turbine
Offshore

UK’s Crown Estate to Launch Large-Scale Floating Offshore Wind Leasing Round

LONDON, March 24 (Reuters) – Britain’s Crown Estate said on Wednesday it would start work on producing a new leasing round for commerical-scale floating wind power projects in the Celtic...

March 24, 2021
Total Views: 1128