The Bureau of Ocean Energy Management, today announced another major step toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act. BOEM released the Final Notice of Sale for Lease Sale Big Beautiful Gulf 2 (BBG2)…
KESTO, a joint venture between Denmark’s ESVAGT and South Korea’s KMC Line, has secured its first contracts to provide offshore service logistics for Vestas at the Shinan-Ui offshore wind farm in South Korea.From 2028 and for a minimum period of 10 years…
A U.S. judge on Monday will consider a request from Danish energy company Orsted to block the Trump administration's halt on its Sunrise Wind project off the coast of New York.The preliminary injunction request is the fifth brought by an offshore wind…
Dominion Energy said on Friday the total project costs for the Coastal Virginia Offshore Wind have increased to roughly $11.5 billion from $11.2 billion.The changes in estimated costs reflect the impact of temporary suspension of work issued by the U…
Researchers from the Technical University of Denmark have highlighted that taking a comprehensive view of the chemical composition of potential fluids leaking from geological CO2 storage reservoirs raises new questions about the potential risks…
Offshore wind installation contractor Cadeler has signed a preferred supplier agreement with an undisclosed client for the transportation and installation (T&I) of monopiles and transition pieces at a large offshore wind farm in European waters…
The Bureau of Ocean Energy Management has announced it will publish a Request for Information and Interest to evaluate industry interest and gather public input that could inform a potential lease sale for minerals on the Outer Continental Shelf off the coast of Alaska…
Nam Cheong Limited, one of Southeast Asia’s leading Offshore Support Vessel (OSV) providers based in Sarawak, Malaysia, has announced that the Group has entered into a sales agreement with an Indonesian customer to sell one 11-year-old 3,000…
Norwegian vessel owner and operator Golden Energy Offshore Services has signed binding agreements to sell two offshore support vessels for a combined gross price of about $57.25 million, completing a previously announced plan to divest vessels in the near term…
Denmark's Prime Minister Mette Frederiksen said on Monday that her country has agreed with Germany to jointly proceed with the Bornholm Energy Island, a large offshore wind project.Frederiksen was speaking at a press conference at an energy conference…
The Bureau of Ocean Energy Management announced the issuance of two Calls for Information and Nominations to solicit industry nominations and public comments on areas of interest for potential offshore oil and gas leasing in Southern California…
Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has agreed to acquire a new mid-class self-propelled, self-elevating support vessel, marking its first vessel acquisition in a decade.The vessel…
A study led by Vard, a subsidiary of Italy’s Fincantieri, has found that nuclear-powered offshore vessels are technically feasible, confirming that small fourth-generation nuclear reactors can be integrated into dynamically positioned vessels while meeting safety…
MFE has launched MFE Offshore, a new division dedicated to subsea and offshore operations. Built to serve offshore oil and gas, offshore wind, and other maritime operators, MFE Offshore offers technology, expertise, and hands-on support.“Offshore inspections are incredibly complex…
Paradigm Drilling Services has appointed Wes Heiskell as Well Construction & Intervention Director – North America.Based in Paradigm’s Houston office, Heiskell brings almost 40 years of experience, with a distinguished career spanning operations…