New Jersey officials said the state will receive $125 million from a legal settlement with Denmark's Orsted ORSTED.CO over the company's cancellation last year of two offshore wind farm projects.The New Jersey Board of Public Utilities said…
On May 21, 2024, Shore Offshore Services completed the acquisition of the derrick barge Swing Thompson from Turnkey Offshore Project Services (TOPS).The barge will be renamed Hulk and will maintain its Vanuatu flag while following ABS guidelines and working toward gaining OVID compliance…
The Bureau of Ocean Energy Management (BOEM) has released the final Environmental Impact Statement (EIS) for two wind energy projects offshore New Jersey, being developed by Atlantic Shores – a joint venture between Shell and EDF.If approved…
Atlantic Shores Offshore Wind, a 50-50 partnership between Shell and EDF, has selected Creamer-Jingoli to engineer and design the full onshore underground cable route for Atlantic Shores Project 1, New Jersey’s first offshore wind project.Creamer…
Promethean Energy has awarded a master services contract to independent wells specialist Elemental Energies to support the decommissioning of nine orphaned wells in the Gulf of Mexico.The first phase of the project started in February with Elemental…
Norwegian seismic company PGS has teamed up with Onward, an energy innovation platform, to offer on-demand seismic data interpretation.The collaboration that facilitates on-demand data interpretation provided by Onward, which leverages its technical…
It certainly has been an active few months in the U.S. offshore wind space.Despite some ongoing issues, the fundamentals are looking surprisingly positive in the context of what has taken place over the last 12 months. In fact, the key concern…
U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, rose by one to 604 in the week to May 17…
Gulfstream LNG Development (Gulfstream LNG), a greenfield liquefied natural gas (LNG) export project under development in Louisiana, has received the U.S. Federal Energy Regulatory Commission (FERC) approval to start the pre-filing permitting process…
Boskalis has installed the first XXL monopile foundation for Ørsted's Revolution Wind offshore wind farm using its crane vessel Bokalift 2.Boskalis will install 66 more XXL monopiles and two offshore substations for the 704 MW project.The company…
Hy2gen USA, the U.S. subsidiary of German-based green hydrogen producer Hy2gen, and Ocean Connect Energy (OCE) have signed a memorandum of understanding (MoU) to jointly investigate the potential to power renewable hydrogen production from offshore wind…
Philly Shipyard has laid the keel for Great Lakes Dredge & Dock Corporation's subsea rock installation vessel, Acadia—the first Jones Act compliant rock placement vessel for the U.S. offshore wind industry.A May 2 keel-laying ceremony saw the vessel's first grand block loaded into the building dock…
U.S.-based oilfield services provider Expro has completed the acquisition of U.K. company Coretrax, expanding its market presence and product offerings.The acquisition of Coretrax, from an investment group led by Buckthorn Partners, will enable…
The U.S. Department of Energy (DOE) has selected five floating wind technologies as winners of phase two of the FLoating Offshore Wind ReadINess (FLOWIN) Prize, designed to inspire solutions to challenges of large-scale production and deployment of floating wind turbines…
U.S.-based offshore drilling company Diamond Offshore has secured a contract extension with Anadarko Petroleum, a wholly owned subsidiary of Occidental, for Ocean BlackHawk drillship in the U.S. Gulf of Mexico.The two-year contract extension…