Offshore Energy News


Study to Explore Impact of Floating Offshore Wind Farms on Ocean Life

Dec 04, 2024

Scientists from the University of Plymouth, Heriot-Watt University and the Marine Biological Association are leading a new project exploring the consequences of floating offshore wind farms on ocean life.The FRONTLINE project will employ AUVs…

Shell Pumps the Brakes on Offshore Wind Investments, Splits Power Group

Dec 04, 2024

Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy transition strategy.The changes are part of…

Oil Rises on Lebanon Fears, possible OPEC cuts

Dec 03, 2024

Oil prices rose more than 2% on Tuesday as Israel threatened to attack the Lebanese state if its truce with Hezbollah collapses, and as investors positioned for OPEC+ to announce an extension of supply cuts this week.Brent crude futures posted their biggest gains in two weeks…

BOEM Okays Maryland Offshore Wind Plans

Dec 03, 2024

The Bureau of Ocean Energy Management (BOEM) has announced its approval of the Construction and Operations Plan for the Maryland Offshore Wind project.This is the final approval needed for the project from BOEM following the Department of the Interior’s September 2024 Record of Decision…

Shearwater Geoservices Lands Third Offshore Survey Job in India

Dec 03, 2024

Shearwater Geoservices has been awarded a large 2D towed streamer seismic survey by Oil India, covering 14,500 line kilometers on the East Coast of India in the Bay of Bengal.The project, scheduled to being early 2025, forms part of India’s…

JDR Secures Cabling Work at Coastal Virginia Offshore Wind Project

Dec 03, 2024

JDR Cable Systems (JDR), the global subsea cable and umbilical supplier and service provider, has secured a significant contract by DEME Offshore to support Dominion Energy's Coastal Virginia Offshore Wind (CVOW) project.JDR's comprehensive…

BOEM ID's Environmental Measures for NY Bight Wind

Dec 02, 2024

In support of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) today issued a Record of Decision identifying environmental measures expected…

Red7Marine Assists N-Sea with OW Export Cable Repair in Irish sea

Nov 29, 2024

Marine construction contractor Red7Marine has supported subsea solutions specialist N-Sea Group in a critical export cable repair project for the 576 MW Gwynt y Môr offshore wind farm in the Irish Sea.With complete delivery of two jack-up barges…

Shearwater Geoservices Gets Another Seismic Survey in India

Nov 29, 2024

Shearwater Geoservices has secured a contract for a large-scale 2D seismic survey on the continental shelf margin off the west coast of India.The project, which will span 15,500 line-kilometres, demonstrates Shearwater's dedication to supporting India’s seismic exploration efforts…

Sulmara Nets $19M Investment for Low-Carbon Offshore Wind Services

Nov 28, 2024

Scottish subsea specialist Sulmara has secured an $18.9 million investment from BGF, one of the largest growth capital investors in U.K. and Ireland, to support the expansion of its survey and inspection services in the offshore wind and energy markets…

Proserv and Verlume Team Up for Subsea Power Efficiency Boost

Nov 28, 2024

Proserv and Verlume have signed a memorandum of understanding (MoU) to explore collaborative opportunities in the subsea power and renewable sectors and bring innovative technologies to the rapidly evolving clean energy market.Under the terms of the MoU…

PXGEO to Keep Sea1 Offshore’s Subsea Construction Vessel on Duty

Nov 28, 2024

Norwegian offshore vessel owner Sea1 Offshore has secured contract extension from marine geophysical service provider PXGEO for its offshore subsea construction vessel (OSCV) Sea1 Spearfish.PXGEO exercised the option to extend the contract for…

TotalEnergies CEO on Trump: "It's Only For Four Years"

Nov 26, 2024

TotalEnergies has paused development of a wind farm off the coast of New York after Donald Trump's U.S. election victory, the French company's CEO said on Tuesday.The French energy group formed a joint venture in October 2023 for development…

US Oil Focused on Economics, not 'Drill, Baby, Drill' - Exxon Mobil Exec

Nov 26, 2024

U.S. oil and gas producers are unlikely to radically increase production under president-elect Donald Trump as companies remain focused on capital discipline, a senior executive at Exxon Mobil said.'We're not going to see anybody in 'drill, baby…

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