U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision President-elect Donald Trump, who has vowed to boost domestic energy production, may find difficult to reverse.

Royal Boskalis B.V. has announced plans for the Windpiper, set to become the world’s largest subsea rock installation (SRI) vessel with an impressive cargo capacity of 45,500 metric tons. The...

Equinor has secured over $3 billion in project financing for its Empire Wind 1 project, marking a significant milestone in U.S. offshore wind development. The project, which reached financial close...

The Bureau of Ocean Energy Management (BOEM) has launched a groundbreaking initiative for offshore wind development near Guam, marking a significant expansion of U.S. renewable energy efforts into the Pacific....

U.S. President-elect Donald Trump called to "open up" the British North Sea and get rid of windmills in a post on his social media platform Truth Social on Friday.

The Biden administration continues to advance offshore wind development with its approval of the SouthCoast Wind Project, marking the nation’s 11th commercial-scale offshore wind initiative. This latest approval brings the...

By Jennifer A. Dlouhy Dec 20, 2024 (Bloomberg) –The Interior Department approved the 2.4-gigawatt SouthCoast Wind farm planned near the Massachusetts coast, marking likely the last offshore energy project of its kind to...

The Bureau of Ocean Energy Management (BOEM) has confirmed competitive interest in two offshore wind areas (WEAs) off the southeast Texas coast, following an unsolicited lease request from Hecate Energy...

W&T Offshore, an independent driller operating in the U.S. Gulf of Mexico, has asked a federal judge to block insurance companies' demands for $250 million in additional collateral for taking apart old oil infrastructure.

Europe is starting to find the limit of a decades-long boom in offshore wind. It can be seen most acutely in the places that have been quickest to build capacity. Countries like Denmark and Sweden are beginning to hit a wall as power prices and incentives drop too low to make building projects worth it. The latest example is a Danish government auction for offshore wind that failed to attract any bids.

The Bureau of Ocean Energy Management (BOEM) has released its Draft Programmatic Environmental Impact Statement (EIS) for Gulf of Mexico oil and gas lease sales. The announcement comes on the...

By Sanne Wass (Bloomberg) — Denmark received no bids in its largest-ever wind power tender, aimed to more than triple its offshore capacity by the end of the decade. The Danish...