The Trump administration issued an order Wednesday to stop construction on a major offshore wind project to power more than 500,000 New York homes, the latest in a series of moves targeting the ...

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Phil Murphy announced a $250 million investment from offshore wind energy companies in a new manufacturing facility. But instead of putting together massive monopiles to prop up wind turbines off ...

SBM Offshore announces that it has signed a US$1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks to refinance its existing US$1.0 billion RCF which was ...

Beijing lowered the yuan’s daily reference rate only slightly on Wednesday, despite the offshore yuan hitting a record low overnight, signalling China’s determination to stabilise its currency ...

The Allan Labor Government is developing Australia’s first offshore wind industry right here in Victoria, delivering more renewable energy, lowering power bills and creating new jobs and opportunities ...

Brussels-listed DEME has signed an agreement to acquire Havfram, an international offshore wind contractor based in Oslo. The total transaction value is approximately €900m ($1bn), DEME said in ...

The Trump Administration has revoked licenses for supermajors Shell and BP and their partners to operate natural gas projects offshore Venezuela that plan to send gas to Trinidad and Tobago ...

Established in 2021 through a strategic partnership between Sandbrook Capital and PSP Investments, Havfram was created to provide critical offshore wind installation capacity to the world's ...

SBM Offshore announces it has signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of US$400 million and with a tenor of 8 years. The ...