Offshore

 Articles

View All
Dead Calm: Denmark Receives Zero Bids in Largest-Ever Offshore Wind Auction
Offshore
December 5, 2024
From 
Mike Schuler
 via 
gCaptain

Dead Calm: Denmark Receives Zero Bids in Largest-Ever Offshore Wind Auction

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...
Biden Administration Forges Ahead with Offshore Wind Development Despite Trump Threats
Offshore
December 3, 2024
From 
Mike Schuler
 via 
gCaptain

Biden Administration Forges Ahead with Offshore Wind Development Despite Trump Threats

The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has issued two major decisions advancing offshore wind development along the U.S. East Coast, despite potential headwinds from...
Trump Readying Energy Blitz: LNG Permits, Drilling, and Keystone Redux Top Day-One Agenda
Offshore
November 27, 2024
From 
Reuters
 via 
gCaptain

Trump Readying Energy Blitz: LNG Permits, Drilling, and Keystone Redux Top Day-One Agenda

Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with the plans.
Trump’s ‘Drill, Baby, Drill’ Pledge Unlikely to Boost Production, Exxon Exec Says
Offshore
November 26, 2024
From 
Bloomberg
 via 
gCaptain

Trump’s ‘Drill, Baby, Drill’ Pledge Unlikely to Boost Production, Exxon Exec Says

By Mitchell Ferman (Bloomberg) — Oil and gas producers in the US will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby, drill,”...
Faltering US Offshore Wind Industry Sends Next-Generation Startup Overseas
Offshore
November 26, 2024
From 
Bloomberg
 via 
gCaptain

Faltering US Offshore Wind Industry Sends Next-Generation Startup Overseas

Off the coast of Mississippi, a startup has completed its first floating platform for offshore wind turbines. Aikido Technologies Inc.’s solution would allow companies to deploy traditional turbines further from land, where the wind tends to blow stronger and more consistently, and the company sees the Mississippi deployment as a big step toward commercialization.
Orsted Said to Start Selling Stake in Huge UK Wind Farm
Offshore
November 25, 2024
From 
Bloomberg
 via 
gCaptain

Orsted Said to Start Selling Stake in Huge UK Wind Farm

Orsted A/S has launched the sale of a stake in one of the world’s biggest wind farms planned off the UK coast, according to people familiar with the matter.
Kremlin Says ‘Absurd’ to Suggest Russia Involved in Baltic Sea Cable Damage
Offshore
November 20, 2024
From 
Reuters
 via 
gCaptain

Kremlin Says ‘Absurd’ to Suggest Russia Involved in Baltic Sea Cable Damage

Russia dismissed as "absurd" on Wednesday any suggestion that it had been involved in damage caused at the weekend to two fiber-optic data telecommunication cables in the Baltic Sea.
Keppel to Take Full Control of Legacy Rigs Amid Offshore Market Rebound
Offshore
November 19, 2024
From 
Mike Schuler
 via 
gCaptain

Keppel to Take Full Control of Legacy Rigs Amid Offshore Market Rebound

Singapore-based rig builder Keppel Ltd. is set to secure complete control over 13 legacy rigs currently held by Rigco Holding Pte. Ltd. (Asset Co), part of a strategic move reflecting...
BOEM Pushes Forward with California Offshore Wind Development Amid Political Uncertainty
Offshore
November 15, 2024
From 
Mike Schuler
 via 
gCaptain

BOEM Pushes Forward with California Offshore Wind Development Amid Political Uncertainty

The Bureau of Ocean Energy Management (BOEM) is forging ahead with its offshore wind development plans in California, despite looming political uncertainties surrounding the incoming Trump administration. In a move...
Siemens Energy, RWE Warn of Trump Fallout in US Offshore Wind Sector
Offshore
November 13, 2024
From 
Reuters
 via 
gCaptain

Siemens Energy, RWE Warn of Trump Fallout in US Offshore Wind Sector

Two of the world's biggest renewables players on Wednesday warned of challenges for the U.S. offshore wind sector under a presidency led by Donald Trump, flagging potential delays for the technology slammed by the president-elect.
Britain Bets Big on Subsea Links to Fuel Europe’s Energy Future
Offshore
November 12, 2024
From 
Bloomberg
 via 
gCaptain

Britain Bets Big on Subsea Links to Fuel Europe’s Energy Future

Energy regulator Ofgem approved five new subsea power links from Great Britain to the continent and Ireland as the country seeks to profit from a boom in wind capacity and become a net electricity exporter by the end of the decade.
Quarter of U.S. Gulf Oil Production Remains Offline After Rafael
Offshore
November 11, 2024
From 
Mike Schuler
 via 
gCaptain

Quarter of U.S. Gulf Oil Production Remains Offline After Rafael

Hurricane Rafael may have fizzled out, but its lingering impact on Gulf oil and gas production continues. After Hurricane Rafael roared through the Gulf of Mexico last week, more than...