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
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
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
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
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
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
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.
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
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,
Island Offshore, which is majority owned by the Chouest and Ulstein families, has secured two new years of LWI (light well intervention) work for Island Wellserver on the Norwegian continental shelf, with
Singapore-headquartered Seatrium Limited reports that its Sembcorp Marine Offshore Platforms Pte. Ltd. (SMOP) subsidiary has been awarded a contract by Empire Offshore Wind LLC worth more than SGD 500 million (about US$378