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French offshore services provider Bourbon Maritime has emerged from reorganization after eliminating 1.5 billion euros in debt. Bourbon’s recovery plan

By Rachel Morison and William Mathis (Bloomberg) — Britain’s electricity grid operator is pushing deeper into the turbulent waters of the North Sea,

By Aya Takada (Bloomberg) — Japan will aim to more than quadruple offshore wind generation capacity in the decade to 2040 under plans to meet its

By Jennifer A. Dlouhy and Will Wade (Bloomberg) — Vineyard Wind LLC’s decision to push back a permitting review of the $2.8 billion offshore wind farm

The U.S. Senate today overwhelmingly passed the National Defense Authorization Act for fiscal year 2021, a wide-ranging $740 billion defense bill that sets

By Gram Slattery and Sabrina Valle RIO DE JANEIRO, Dec 11 (Reuters) – Federal prosecutors in Brazil filed a civil lawsuit against

By Vladimir Soldatkin and Oksana Kobzeva MOSCOW, Dec 11 (Reuters) – Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline

Offshore wind projects planned for off the U.S. East Coast could lead to the construction of new vessels at American shipyards, but industry stakeholders face

Dec 10 (Reuters) – Wind farm developer Atlantic Shores Offshore Wind said on Thursday it had submitted a proposal to New Jersey’s utility

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is preparing to issue a broad plan that keeps the door open for expanded oil drilling

By Robin Emmott BRUSSELS, Dec 9 (Reuters) – The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling

By Timothy Gardner WASHINGTON, Dec 4 (Reuters) – The annual U.S. defense policy bill unveiled by lawmakers late on Thursday contains sanctions that

By Tony Capaccio (Bloomberg) — The Pentagon added four more Chinese companies to a list of firms it says are owned or controlled by China’s

By Jessica Resnick-Ault NEW YORK, Dec 3 (Reuters) – The U.S. Bureau of Safety and Environment Enforcement, which overseas offshore oil and gas

By Nerijus Adomaitis and Stephen Jewkes OSLO/MILAN, Dec 4 (Reuters) – Italy’s Eni is buying a 20% stake in the Dogger Bank Wind Farm project from

By Morten Buttler (Bloomberg) — Orsted A/S, the world’s biggest developer of offshore wind farms, will appeal a decision by Danish tax authorities

By Jennifer Hiller HOUSTON, Nov 30 (Reuters) – Exxon Mobil Corp on Monday said it would write down the value of natural gas properties by $17 billion to

By Nicolas Parasie (Bloomberg) — Abu Dhabi National Oil Co. is a potential contender to buy a local offshore oil-services firm that counts the

By Bloomberg News (Bloomberg) — China’s third-biggest oil company faces a U.S. blacklist, which could spur major outflows from its Hong Kong-listed

By Lisa Barrington DUBAI, Nov 25 (Reuters) – Houthi authorities in Yemen have given long-awaited approval for a United Nations plan to visit and assess a