JANUARY 3, 2019 — Marseille, France, headquartered offshore services provider Bourbon says it has renewed a general waiver with its leasers and debt holders representing the majority of the group’s debt, thus
DECEMBER 31, 2018 — In a competitive solicitation process, Connecticut’s Department of Energy and Environmental Protection has selected Ørsted’s Revolution Wind project to move forward to negotiate a fixed price power purchase
DECEMBER 31, 2018 — In a year-end morale booster for the offshore drilling industry, Transocean Ltd. (NYSE: RIG) reported Friday that it had signed a rig design and construction management contract, as
DECEMBER 20, 2018 — EDF Renewables North America, a subsidiary of Électricité de France S.A , and Shell New Energies US LLC (Shell) report that they have formed a 50/50 joint venture
DECEMBER 19, 2018 — New Orleans headquartered offshore service vessel operator Laborde Marine Management, LLC reports that Ashton P. Laborde has been appointed as President of the company effective January 1, 2019.
DECEMBER 18, 2018 — More details are emerging about Mayflower Wind Energy LLC, the provisional winner of block 0521 in last week’s offshore Massachusets wind auction with a bid of $135 million.
DECEMBER 17, 2018 – Golar LNG Limited (“Golar LNG” or “Golar”) says it has received a Limited Notice to Proceed (LNTP) from BP Mauritania Investments Ltd and BP Senegal Investments Ltd, relating
DECEMBER 14, 2018 — Today’s BOEM offshore wind lease sale of some 390,000 acres offshore Massachusetts drew competitive winning bids from three companies totaling approximately $405 million. That was way more than
DECEMBER 14, 2018 — SeaTwirl, a Swedish company developing an innovative vertical axis wind turbine, had two items of good news on the funding front to report this week. On Wednesday, the
DECEMBER 12, 2018 — The Scorpio Group is expanding beyond the tanker and bulker sectors and putting a toe into the waters of the offshore services market by taking control of niche