Equinor makes new North Sea gas discovery
While BOEM may be making every effort to drag its heels on new U.S. offshore oil and gas exploration and development, things are a little different in Norway. Equinor reports that it
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N.Y. Public Service Commission ruling disturbs offshore wind advocates
At the end of the day, electricity generated from offshore wind has to be paid for from consumers’ electricity bills. When those rates aren’t high enough to justify the huge investment required
BOEM proposes fewest oil and gas lease sales in history
The Inflation Reduction Act (IRA) does not allow the Bureau of Ocean Energy Management (BOEM) to issue a lease for offshore wind development unless the agency has offered at least 60 million
Equinor contracts Ocean Infinity for California floating wind site survey
Moving ahead on its plans to develop one of the first-ever floating offshore wind farms off the U.S. West Coast, Equinor, has signed a contract that will see Austin, Texas, headquartered Ocean
Equinor takes a stake in Texas offshore carbon storage project
Given the way its electricity market works, Texas may not be the friendliest place for offshore wind development. But wind farms are not the only kind of green development going on offshore
Equinor secures Hercules semi for 2024 Canada drilling campaign
In another sign of strength in the offshore drilling market, John Fredriksen associated SFL Corporation Ltd. (NYSE: SFL) reported today that it has signed a drilling contract in Canada with a subsidiary
GLDD secures rock supply for its rock installer
If you’ve got a rock dropper, you need to have rocks to drop. Yesterday, Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), which has ordered the first Jones Act-compliant subsea rock installer
Beacon Wind takes another step forward
Another U.S. offshore wind project is moving along the regulatory pathway. BOEM has announced a Notice of Intent (NOI) to prepare an Environmental Impact Statement (EIS) for the proposed Beacon Wind project.
Equinor joins green ammonia bunkering study team
Norwegian plans for a green ammonia bunkering network first announced in April 2022 are making progress. State-owned energy giant Equinor has become a partner in the “AFNO 2030 – Ammonia fuel for
Plans for Trollvind floating offshore wind farm put on hold
Equinor said today that it will postpone any further development of the Trollvind floating offshore wind farm initiative indefinitely. “This decision is based on several challenges facing the project, including technology availability,