News

With reports circulating of a breakthrough in China-US trade talks, the offshore yuan jumped in value against the US dollar even as details of the dialogue’s outcome remained undisclosed.
Global renewable developer and energy giant RWE has halted its US offshore wind operations “for the time being” because of the “political environment” the Trump administration has created.
A new study by Wageningen University & Research shows that offshore wind farms not only produce energy, but may also contribute to the protection of marine life. Several shark and ray species were ...
A senior industry executive and his investment dealer agreed to sanctions in connection with a transaction involving complex offshore business dealings, which regulators alleged weren’t properly ...
Siemens Gamesa is celebrating the first-ever installation of its SG 14-236 14MW offshore wind turbine at an Orsted project in Taiwan. The European turbine-making giant announced today that the ...
U.S. offshore producer Beacon Offshore Energy expects first oil from its Shenandoah floating production system in June, a ...
The offshore wind industry was struggling even before Donald Trump took office. But his administration’s move last week to halt a wind project under construction has put the industry in a state ...
The Panna-Multa and Tapti (PMT) joint venture partners, Shell PLC, Reliance Industries Limited (RIL), and Oil and Natural Gas Corporation Limited (ONGC), have completed India’s first offshore ...
In its most aggressive attack against offshore wind yet, the Trump administration halted the $5 billion Empire Wind 1, already under construction off New York’s coast. Norwegian developer ...
Allseas is expanding its fleet with the addition of two next-generation offshore construction vessels (OCVs), a move aimed at boosting operational flexibility and meeting rising demand in the ...
Operators active in the US Gulf area find offshore carbon capture and sequestration (CCS) projects present advantages compared to onshore CCS, and hope these will lead to faster permitting and ...