Orsted Shares Plunge as Company Warns of $2.3 Billion Hit from U.S. Offshore Wind Portfolio
(Bloomberg) — Orsted A/S shares plunged the most on record after the renewable energy company warned of impairments of as much as 16 billion Danish
(Bloomberg) — Orsted A/S shares plunged the most on record after the renewable energy company warned of impairments of as much as 16 billion Danish
By Jennifer A. Dlouhy (Bloomberg) — The first-ever US government auction of leases to build wind farms in the Gulf of Mexico ended with only one tract
By Jennifer A. Dlouhy (Bloomberg) — The Gulf of Mexico has been a hub for US oil production for decades. A government auction Tuesday could help make it
Aug 28 (Reuters) – The U.S. Gulf Coast region, the nation’s primary offshore source of oil and gas, has cheap
Maersk Supply Service will lay off around 130 people over the next two years as it scales down its operations to focus on offshore wind and offshore support
The Department of the Interior has approved the Revolution Wind project, marking the fourth commercial-scale offshore wind project to receive federal approval
The global offshore wind supply chain will need a massive $27 billion worth of investment by 2026 to meet the forecasted growth in annual installations by
(Bloomberg) — The UK’s annual renewable energy auction may not include offshore wind for the first time since the system for awarding subsidies began
The Bureau of Ocean Energy Management (BOEM) has identified two draft Wind Energy Areas (WEAs) off the coast of Oregon for the potential development of
By Priscila Azevedo Rocha and Laura Hurst (Bloomberg) — BP Plc is considering building two offshore wind farms in the Irish Sea without any support from
The Bureau of Ocean Energy Management (BOEM) has finalized three offshore Wind Energy Areas (WEAs) in federal waters off the coasts of Delaware, Maryland, and
By Cailley LaPara (Bloomberg) — Maine moved a step closer to becoming the East Coast’s first floating offshore wind location after lawmakers
(Bloomberg) — Offshore wind projects are facing an economic crisis that erased billions of US dollars in planned spending this week — just as the world
(Bloomberg) — Vattenfall AB halted the development of an offshore wind project in the UK after costs surged, posing a major setback for a key part of
The Bureau of Ocean Energy Management (BOEM) has completed its environmental analysis of the proposed Revolution Wind Farm Project offshore Rhode Island. The
By Vera Eckert and Susanna Twidale FRANKFURT/LONDON July 13 (Reuters) – Energy majors BP and TotalEnergies have won a 7 gigawatt (GW) offshore wind
Hornbeck Offshore announced they will convert a newly acquired Offshore Supply Vessel (OSV) into a Service Operation Vessel (SOV) for the offshore wind market.
BERLIN/FRANKFURT, July 12 (Reuters) – Germany’s network regulator on Wednesday announced the result of its 7 gigawatt
Bernhard Schulte Offshore has contracted Ulstein Verft to design and construct two Commissioning Service Operation Vessels (CSOVs) capable of operating on
by John Konrad (gCaptain) Far offshore, in the limitless expanse of the ocean, where the wind conducts the rhythmic ballet of the waves and the horizon
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