Offshore

The Trump administration has expanded its newfound strategy of unwinding offshore wind development through negotiated buyouts, announcing two new agreements

Reunification marks major shift in offshore oversight model built after Deepwater

U.S. offshore oil production surged to a record 714 million barrels in 2025, marking a new high for output from the Outer Continental Shelf and underscoring

Equinor has officially moved into the drilling phase of its massive Raia gas development offshore Brazil, marking a key step forward for one of the country’s

Dominion Energy’s massive Coastal Virginia Offshore Wind (CVOW) project has delivered its first electricity to the grid, marking a major milestone for the

The U.S. Bureau of Ocean Energy Management has advanced the next phase of potential offshore mineral leasing near the Commonwealth of the

The Trump administration has struck a $928 million deal with TotalEnergies to abandon two major U.S. offshore wind leases and redirect the capital into LNG and

By Ari Natter Mar 13, 2026 (Bloomberg) –The Trump administration approved BP Plc’s plan to pump billions of dollars worth of crude from what will

The U.S. Bureau of Ocean Energy Management (BOEM) generated $46.98 million in high bids at its latest offshore oil and gas auction Wednesday, marking a sharp

The U.S. Bureau of Ocean Energy Management (BOEM) announced Wednesday that it will begin preparing a programmatic environmental impact statement (PEIS) to

Houston-based offshore vessel giant Tidewater Inc. is making a major push into Brazil, announcing a definitive agreement to acquire Wilson Sons Ultratug

A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the United

Transocean and Valaris have agreed to merge in an all-stock deal valued at about $5.8 billion, creating a $17 billion offshore drilling giant with a 73-rig

Equinor expects 10-20% production decline at Johan Sverdrup, Europe's largest oil field growth source. The decline signals broader challenges for global oil

The Bureau of Ocean Energy Management (BOEM) plans to auction roughly 80.4 million acres of federal waters in the Gulf of America next month, advancing the

A string of federal court rulings has effectively unraveled the Trump administration’s attempt to halt offshore wind construction along the U.S. East Coast,

Dominion Energy said Thursday that costs for the nation’s largest offshore wind project have climbed to $11.5 billion, a $300 million increase driven by a

A U.S. District Court in Massachusetts has cleared the way for Vineyard Wind to resume full operations after the offshore wind developer successfully

HELSINKI, Jan 26 (Reuters) – Finland’s Border Guard hopes to prevent damage to critical undersea infrastructure in the Gulf

The Trump administration has taken the first formal step toward reopening California’s offshore waters to oil and gas drilling for the first time in decades