The U.S. Bureau of Ocean Energy Management (BOEM) said Monday it had completed its environmental analysis of the proposed Ocean Wind 1 wind project offshore New Jersey, which could power up to a half million households.As part of the Ocean Wind 1 project…
The U.S. Coast Guard said Sunday it had rescued three boaters from an offshore oil platform after their vessel sank near Freeport, Texas, Sunday.'Coast Guard Sector Houston-Galveston watchstanders received a report at approximately 3 a.m. from…
The U.S. Coast Guard medevaced a crewmember from Allseas' pipelayer Solitaire Tuesday approximately 13 miles south of Port Fourchon, Louisiana.Coast Guard Eighth District and Coast Guard Sector New Orleans command center watchstanders received…
The EnerGeo Alliance has sent a letter to New Jersey Governor Philip Murphy and Assemblyman Christopher Tully, Chairman of the state’s Committee on Science, Innovation and Technology in advance of the Assembly’s hearing on marine mammal deaths scheduled for Thursday May 18…
The US Bureau of Safety and Environmental Enforcement (BSEE) has released Safety Alert 463: Adaptation and Modification of Tool Results in Injury.The alert describes how a worker was recently injured while attempting to install a hydraulic line…
Sustainable Marine Energy (Canada) Ltd, which describes itself as Canada’s most successful tidal energy company, has been placed into voluntary bankruptcy and appointed Deloitte Restructuring Inc. as trustee.The company, which proved out its technology and delivered power to Nova Scotia’s grid…
The month of May brings a mixed bag of news for offshore wind in the United States, as outlined in the latest U.S. Offshore Wind Report from business intelligence firm Intelatus Global Partners.In the 'positive' category, Intelatus said federal permitting of projects continues on schedule…
BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions. The move comes as companies…
Aberdeen-based subsea intervention technology company Interventek will supply 20,000 psi open-water well intervention shear and seal valves to Houston-based Trendsetter Engineering, Inc based in Houston.The agreement allows Trendsetter exclusive global rights to deploy the 20K…
U.S.-based offshore vessel owner Harvey Gulf International Marine has said that Philip Luongo, a New York native and graduate of the United States Merchant Marine Academy, has joined the company. After graduating Kings Point, Luongo upgraded his Unlimited U…
- Warren Buffett said on Saturday that Berkshire Hathaway Inc is not planning to acquire Occidental Petroleum Corp but remains happy with its large investment in the oil company. Speaking at Berkshire's annual shareholder meeting, Buffett rejected…
Shell Offshore, a U.S. subsidiary of Shell, has selected engineering firm Worley to provide services for Sparta, a floating development in the U.S. Gulf of Mexico.The Sparta offshore development, previously known as the North Platte project…
Singapore's Seatrium, through its subsidiary Sembcorp Marine Offshore Platforms Pte. Ltd. (“SMOP”), has secured a contract worth more than S$500 million for two offshore wind farm substations from Empire Offshore Wind, a joint venture between Equinor and BP…
Mexican national oil company Pemex said on Wednesday its net profit almost halved in the first quarter to $3.15 billion, as weaker sales outweighed lower costs and currency gains from a stronger peso.In a securities filing, Pemex said profit declined from about $6…
The U.S. Bureau of Ocean Energy Management (BOEM) plans to review potential environmental impacts related to the possible issuance of an offshore wind energy research lease in the Gulf of Maine. The State of Maine requested the lease to research potential floating offshore wind energy development…