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Shipbuilding Contributes to Higher Costs in US Offshore Wind

May 01, 2023

Higher shipbuilding costs are contributing to greater overall project costs in the U.S. offshore wind industry, according to maritime and offshore consultancy Intelatus Global Partners.The United States will rely on a large fleet of foreign…

Floating Offshore Wind: Technip Energies' Semi-Submersible Concept Wins FLOWIN Prize

Apr 05, 2023

Technip Energies, with its three partners  Crowley, Anchor QEA, and Offshore Construction Associates, has been awarded the Floating Offshore Wind Readiness (FLOWIN) prize for Phase One by U.S. Department of Energy. The prize was awarded for Technip Energies’ in-house floater solution INO15…

GEOxyz Opens US Office

Mar 20, 2023

Belgium-based offshore survey services provider GEOxyz announced it has opened its first office in the United States, located in New Brunswick, N.J., as it expands to serve the offshore wind energy industry on the U.S. East Coast'The renewable energy industry in the U…

General Dynamics NASSCO Sets Its Sights on Offshore Wind

Mar 09, 2023

U.S. shipyard General Dynamics NASSCO has signed a memorandum of understanding (MOU) with Navantia Seanergies, the green energy division of Spanish state-owned shipbuilder Navantia, in pursuit of opportunities in U.S. offshore wind.The partners…

HAV Design Becomes First European Firm to Design SOV for U.S. market

Feb 27, 2023

The Norwegian company HAV Group said Monday that its ship-design subsidiary, HAV Design, had signed a contract with Fincantieri Bay Shipbuilding to construct a newbuild service operation vessel (SOV) destined for the Coastal Virginia offshore wind project in the U…

Supreme Court Sides With Offshore Worker in Overtime Case

Feb 22, 2023

An oil rig supervisor who earned more than $200,000 a year working for Houston-based Helix Energy Solutions Group Inc is entitled to overtime pay, the U.S. Supreme Court ruled on Wednesday in a decision with costly implications for the oil and gas industry…

US Lease Sale off Alaska Coast Draws One Bid

Jan 03, 2023

The U.S. government on Friday received just a single bid, from Hilcorp Alaska, for oil and gas drilling rights off the coast of Alaska the first federal auction in the region in more than five years.The offer of nearly 1 million acres in the…

Update: European Firms Capture Most Leases in California Offshore Wind Auction

Dec 07, 2022

The U.S. government's first-ever sale of offshore wind development rights off the coast of California drew $757.1 million in high bids, mainly from European companies seeking a foothold in the U.S. wind-power industry's expansion to the Pacific Ocean…

New Crewing Mandate Could Be a 'Gut Punch' to U.S. Offshore Wind Projects

Jul 15, 2022

The U.S. House has this week passed the National Defense Authorization Act (NDAA), in which it attached a provision that would change rules for manning offshore vessels in U.S. waters, with the goal of fostering American jobs in the U.S. offshore wind sector…

Libra Buys U.S. Shipyard to Build Jones Act Offshore Wind Vessels

Jun 22, 2022

Global group Libra has acquired a U.S. shipyard through a subsidiary to capitalize on growing shipbuilding demand for the offshore wind industry as Washington accelerates efforts to boost cleaner power, top company executives said.U.S. President…

DEME Offshore, Barge Master Develop Feeder Solution for U.S. Offshore Wind Farms

May 04, 2022

Belgian offshore installation firm Deme Offshore and Dutch company Barge Master, which specializes in offshore motion compensation systems, have partnered up to further develop a U.S. Jones Act-compliant feeder solution for the upcoming offshore wind projects in the U…

U.S. Gulf of Mexico Offers Tremendous Advantages for CCUS, But Regulatory Support Required, NOIA Says

Jan 12, 2022

The U.S. National Ocean Industries Association (NOIA) on Wednesday released the policy paper, Carbon Capture, Use, & Storage: An Economic, Employment, & Climate Opportunity for the U.S Offshore Region, where it says that while the U.S. Gulf…

Taylor Energy, U.S. Feds Reach $475M Settlement in Longest-running Offshore Oil Spill

Dec 23, 2021

Oil company Taylor Energy Co LLC agreed to transfer a $432 million cleanup trust account to the U.S. government and pay an additional $43 million to resolve a lawsuit over its role in the longest-running oil spill in U.S. history under a proposed deal filed in New Orleans federal court on Wednesday…

Asian Countries Looking to Release Oil Reserves after U.S. Request

Nov 18, 2021

The world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States for a coordinated move to cool global energy prices.The U.S. move reflects frustration…

Geoquip Marine Accused of Jones Act Violations

Nov 17, 2021

An American offshore services trade group is accusing Swiss-headquartered Geoquip Marine of violating the Jones Act, a U.S. law requiring seaborne cargo shipped between two U.S. points to be carried by American-built, -crewed and -owned vessels…

Current News

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Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

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Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

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