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Seadrill Ltd and most of its subsidiaries have filed for Chapter 11 proceedings in the Southern District of Texas as part of a balance sheet restructuring

New York State has announced plans to launch a $20 million training institute to train thousands of workers in areas related to offshore wind development. The

By William Mathis (Bloomberg) — Vestas Wind Systems A/S will start selling the world’s biggest offshore wind turbine, standing taller than the highest

SINGAPORE, Feb 9 (Reuters) – China’s offshore oil and gas major CNOOC Ltd has delivered Shenhai-1, a 53,000-tonne, 120-meter tall locally

U.S.-based Crowley has announced a partnership with transportation services specialist Watco to create a single-source terminal and supply chain management

Offshore drilling contractor Noble has emerged from Chapter 11 bankruptcy after completing a financial restructuring to eliminate $3.4 billion in bond debt.

By William Mathis and Laura Hurst (Bloomberg) — Oil majors agreed to pay a hefty premium to develop the next generation of major British offshore wind

By Hyonhee Shin SEOUL, Feb 5 (Reuters) – South Korea unveiled a 48.5 trillion won ($43.2 billion) plan to build the world’s largest wind power

A drill ship broke its moorings at a terminal in southwest Scotland on Tuesday night and drifted into a channel before its crew was able to drop anchor and

By Ira Breskin –  The popular notion that the Congress is dysfunctional has been dispelled, somewhat, given recent legislative “wins” for the

Oslo-listed seismic survey shipping company Polarcus (OSE: PLCS) has announced its intention cease operations and terminate all employees after its lenders

COPENHAGEN, Feb 4 (Reuters) – Denmark approved a plan on Thursday to build the world’s first energy island in the North Sea that will produce and

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

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,

The owner of the MV Mozart has made contact with fifteen crew members abducted from the vessel during a violent and deadly pirate attack in the Gulf of Guinea

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.

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

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

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

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