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ABSG Consulting, Global Maritime Partner for US Offshore Wind

Nov 11, 2021

Operational risk management company ABSG Consulting Inc. and marine offshore and engineering consultancy Global Maritime announced their alliance to support the U.S. offshore wind sector. Global Maritime's U.S. subsidiary, American Global Maritime Inc…

Gazelle Wind Power Opens US Office

Oct 27, 2021

Dublin, Ireland based floating wind platform company Gazelle Wind Power announced its entry into the U.S. offshore wind energy marketplace with the opening of its first U.S. office in Austin, Texas.“The addition of this U.S. office is a significant…

TotalEnergies, Simply Blue Launch U.S. Floating Wind JV

Oct 13, 2021

French energy industry major TotalEnergies and floating wind developer Simply Blue Group, a pioneer in floating offshore wind, have launched a joint venture, TotalEnergies SBE US, 'to unlock the vast potential for floating offshore wind projects in the United States…

DEME Offshore to Install Foundations at Vineyard Wind 1 Offshore Wind Farm in U.S.

Oct 11, 2021

Belgian offshore installation contractor DEME Offshore, has through its U.S. subsidiary DEME Offshore US LLC, secured a contract for the installation of offshore wind turbine foundations for the Vineyard Wind 1 project in the U.S.Vineyard Wind 1…

Study: Booming U.S. Offshore Wind Offers Major Export Opportunities for UK Supply Chain

Sep 17, 2021

Energy consultancy Xodus, tasked by the British Consulate-General in Boston, Massachusetts, to carry out a study on the prospects available for UK companies to enter the booming US offshore wind market has found that there are multiple opportunities…

Over Two-thirds of Offshore Oil Output Remains Shut in U.S. Gulf of Mexico

Sep 13, 2021

U.S. offshore oil companies restored almost 200,000 barrels of production on Friday, while most of the Gulf Coast crude output remained offline following Hurricane Ida, government data showed.The storm hit the U.S. Gulf of Mexico almost two weeks ago…

Hurricane Ida: Some 95% of U.S. Gulf of Mexico Oil Output Still Shut

Aug 31, 2021

Oil production in the U.S. Gulf of Mexico on Monday remained largely halted in the aftermath of Hurricane Ida, with 1.72 million barrels of output suspended, according to offshore regulator the Bureau of Safety and Environmental Enforcement (BSEE)…

Simply Blue Group Forms Team to Build Floating Wind Business in U.S.

Aug 17, 2021

Simply Blue Group, an Irish-based floating offshore wind pioneer with over 3.2 gigawatts (GW) in development in Ireland and the UK, on Tuesday unveiled its key leadership team for new operations in the U.S., targeting floating wind development opportunities there…

Oil Prices Drop as OPEC+ Agrees on Output Boost

Jul 19, 2021

Oil prices fell sharply on Monday after OPEC+ overcame internal divisions and agreed to boost output, sparking concerns about a crude surplus as COVID-19 infections rise in many countries.Brent crude was down $1.92, or 2.6%, at $71.67 a barrel by 1105 GMT…

The U.S. Sets Ambitious Offshore Wind Targets – What Will It Take to Meet Them?

Apr 05, 2021

The United States’ offshore wind industry is tiny, with just seven wind turbines operating off Rhode Island and Virginia. The few attempts to build large-scale wind farms like Europe’s have run into long delays, but that may be about to change…

Vineyard Wind Taps DEME to Install Wind Turbines off US East Coast

Apr 01, 2021

U.S. offshore wind developer Vineyard Wind has contracted Belgium-based DEME for the offshore transport and installation of the wind turbine generators for the first largescale offshore wind installation in the United States.DEME's U.S. arm…

US Jobs from US Offshore Energy: A Goal 44 Years in the Making

Mar 31, 2021

I have a good friend named John Guste. He and his wife grew up in the same neighborhood as my wife, they all went to college together, and now our kids are friends. As a doctor, I’m sure he has little concern with the messy, yet mundane, intricacies of offshore energy and maritime policy…

Harvey Gulf Nets U.S. Navy Contract

Mar 22, 2021

U.S. offshore vessel operator Harvey Gulf Subsea Solutions said Monday it had won a contract with the U.S. Navy for its Harvey Deep Sea vessel. The contract is valued at four million dollars.Under the agreement, Harvey Gulf Subsea Solutions will provide the Harvey Deep Sea for ROV Support…

Cairn to Sell Interests in UK Offshore Oil Fields for More Than $460M

Mar 09, 2021

London-listed Cairn has agreed to sell its interests in the UK North Sea Catcher and Kraken fields to Waldorf Production Limited for a cash consideration of US$460 million plus additional contingent consideration dependent mainly on oil prices from 2021 to the end of 2025…

ABS: U.S. Offshore Wind Vessel Demand Set to Soar

Mar 02, 2021

It's no longer news that the U.S. is set to become the next big offshore wind market, with an IEA 2019 report forecasting 40 GW of installed offshore wind capacity in the country by 2040, which will require a $100 billion investment.To meet this expected growth…

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