Government Update News

 

Oil Posts Biggest One-day Gain After Trump Touts Saudi-Russia Deal

Apr 02, 2020

Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and Saudi state media said the kingdom was calling an emergency meeting of producers to deal with the market turmoil…

Nigeria Announces Offshore Oil Worker Restrictions to Battle Coronavirus

Mar 29, 2020

Nigeria's petroleum regulator has ordered oil and gas companies to reduce their offshore workforce and move to 28-day staff rotations as part of measures to curb the spread of the coronavirus, according to a circular seen by Reuters.Health experts…

NY Congressman Backs Arthur Kill OWP

Feb 20, 2020

Congressman Max Rose has called on Governor Andrew Cuomo to support the offshore wind development at Arthur Kill Terminal, Staten Island, New York.  'The offshore wind project at the Arthur Kill Terminal is an incredible opportunity to provide more reliable energy for New Yorkers…

USA Ups BOEM Offshore Wind Budget

Feb 11, 2020

The Trump Administration has proposed a $189m fiscal year 2021 budget for the Bureau of Ocean Energy Management (BOEM), designating just under $27m for offshore wind.The FY 2021 budget includes approximately $26.5 million to advance offshore renewable energy development…

Ofgem to Probe Western Subsea Link

Jan 29, 2020

British energy market regulator Ofgem has launched an investigation into National Grid and Scottish Power’s delivery of a high-voltage direct current (HVDC) subsea cable which carries energy from Scottish windfarms to north Wales.The Western HVDC - known as Western Link -  is a £1…

Senegal Offers Offshore Licensing Round

Jan 28, 2020

The national oil company of Senegal, Société des Pétroles du Sénégal (PETROSEN) officially launched the country’s First Offshore Licensing Round at the Mauritania-SeneGambia-Bissau-Conakry (MSGBC) Basin. The licensing round comprises 12 blocks on offer in the MSGBC basin…

NJ Governor Signs Offshore Wind Bill

Jan 22, 2020

New Jersey Governor Phil Murphy signed into legislation Bill, expanding the definition of a 'qualified offshore wind project'. This definition now includes an 'open access offshore wind transmission facility'.With the new legislation in place…

Offshore Wind Jobs Act Headed to House Floor

Jan 20, 2020

The House Natural Resources Committee has advanced the Offshore Wind Jobs and Opportunity Act, which was authored by Bourne Congressman Bill Keating and cosponsored by Congressman Joe Kennedy III.The legislation will provide funding for educational…

Scotland to Launch Offshore Wind Leasing

Jan 19, 2020

2020 will see the launch of the first offshore wind leasing round in Scotland for a decade, and the first by Crown Estate Scotland. It presents a significant opportunity to match Scotland’s ambitious Net Zero targets with practical action.Colin Palmer…

NY to Create Offshore Wind Training Institute

Jan 08, 2020

New York Governor Andrew Cuomo has announced plans to create Offshore Wind Training Institute to offer offshore wind training programs.The institute will provide benefits to workers across New York State through new job training programs, tailored college curriculum…

Taiwan to Add 10GW of Offshore Wind

Jan 06, 2020

Taiwan's Ministry of Economic Affairs (MOEA) planned a new target to develop further 10 GW of offshore wind capacity between 2026 to 2035 - anticipation of a price drop below the average consumer price.MOEA is fulfilling the 2025 target on schedule…

Senator Mulls Offshore Wind Job Pact

Dec 31, 2019

Senator of Massachusetts Edward J. Markey has called on Ørsted and Vineyard Wind to enter into Project Labor Agreements (PLA) for wind energy projects offshore Massachusetts and the larger East Coast.A PLA would ensure that newly created jobs in the offshore wind industry are good-paying and safe…

UK Affirms 40 GW Offshore Wind Goal

Dec 19, 2019

The British Queen, in her speech to both houses of  United Kingdom (UK) parliament, revealed that the UK’s target for installed offshore wind energy has been raised to 40 GW by 2030, and that the UK government will support the development of floating wind turbines…

NJ Governor Doubles Offshore Wind Goal

Nov 21, 2019

As New Jersey steps up efforts to eliminate fossil fuels over the next three decades, the state is more than doubling its target for offshore-wind energy production under an executive order signed by Gov. Phil Murphy.The order would increase the goal to 7…

DEA Announces Thor OWF Tender

Nov 17, 2019

The Danish Energy Agency (DEA) has published detailed material concerning central elements and questions which will be discussed at a market dialogue event on 25 Nov 2019 in Copenhagen for the Thor Offshore Wind Farm(OWF).Thor Offshore Wind…

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