Offshore Energy News

 

US Government Scraps Two Offshore Wind Leases for Fossil Fuel Investment Pledge

Apr 27, 2026

President Donald Trump's administration said on Monday that it had reached a deal to end two more U.S. offshore wind leases in exchange for $885 million in pledged investments in domestic fossil fuels.The projects, one in the Atlantic and one in the Pacific, are managed by Ocean Winds, a joint venture between France's ENGIE and Portugal's EDP Renewables.The announcement comes a month after French energy…

UK Crown Estate Will Launch Tender for Irish Sea Offshore Wind Site

Jun 08, 2026

King Charles III's Crown Estate said on Monday it would start a competitive tender next month for the Morgan offshore wind site in the Irish Sea.The site in the Irish Sea has the potential to produce up to 1.5 gigawatts of electricity and was…

Aramco Picks McDermott for Energy Projects in Saudi Arabia

Jun 04, 2026

McDermott has been selected by Aramco as one of 11 contractors under a long-term Project Management Consultancy (PMC) agreement supporting the delivery of energy, downstream, petrochemical and low-carbon projects across Saudi Arabia.The multi…

Seven US States Sue Fed. Government, TotalEnergies After Cancelling Offshore Wind Lease

Jun 02, 2026

Seven U.S. states led by New York sued the Trump administration on Tuesday for cancelling a major offshore wind lease off the coast of New York in exchange for a pledge by its owner to invest instead in fossil fuel projects.The lawsuit in the Washington…

CRP Subsea Secures Cable Protection Contract for Offshore Wind

May 27, 2026

CRP Subsea, an AIS company, has recently secured a substantial contract from Seaway7 involving supplying cable protection systems for ScottishPower Renewables East Anglia TWO wind project, located in the North Sea.Under this agreement, CRP Subsea…

Export Curbs Should not Harm Australia's Biggest LNG-producing State

May 27, 2026

Western Australian premier Roger Cook said on Wednesday he had been 'assured' by federal Resources Minister Madeleine King that a new government policy of reserving 20% of gas output for domestic use would not harm his state's large LNG industry…

Energy Services Sector Adds Jobs Again in April, Trade Group Says

May 11, 2026

The Energy Workforce & Technology Council released its April 2026 jobs report, showing continued modest job growth in the energy services sector as companies cautiously respond to improving market conditions.Energy services employment totaled 627…

Trump Halts US Wind Farm Projects Citing National Security Risk

May 04, 2026

President Donald Trump's administration has brought U.S. onshore wind development to a halt, citing national security concerns, the Financial Times reported on Sunday.Approvals for about 165 onshore wind projects on private lands are being held up by the Pentagon…

US Judge Blocks Trump's Efforts to Hinder Renewable Energy Projects

Apr 21, 2026

A federal judge on Tuesday blocked President Donald Trump's administration from enforcing a series of permitting policies that wind and solar energy industry groups say have stymied the development of new energy generation projects.Chief U.S…

Orsted: Middle East Energy Crunch Rejuvenates Europe Offshore Wind Push

Apr 09, 2026

The Middle East war is giving fresh momentum to Europe's push for energy independence andbolstering the case for offshore wind farm developments, the CEO of Denmark's Orsted said on Thursday.Europe, a major importer of fossil fuels, has seen energy prices soar in recent weeks as the U…

Iran War Reshapes Global LNG Trade

Apr 01, 2026

The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.One of the major beneficiaries is Australia…

Prysmian Shares North American Leadership Transitions

Mar 31, 2026

Prysmian, a leader in energy and data wire and cabling solutions, recently announced changes to its leadership structure in North America to further strengthen the company’s market position in the region. 2025 marked the best year yet for Prysmian…

DOE Relocates Headquarters in DC

Mar 27, 2026

The U.S. Department of Energy (DOE), in partnership with the U.S. General Services Administration (GSA), announced that DOE’s headquarters will relocate from the James V. Forrestal Building to the Lyndon B. Johnson (LBJ) building. LBJ currently serves as the headquarters for the U…

SLB, NVIDIA Expand AI Collaboration to Scale Energy Applications

Mar 25, 2026

SLB has expanded its collaboration with NVIDIA to develop artificial intelligence (AI) infrastructure and models aimed at large-scale deployment in the energy industry.The companies said the work will focus on modular data center design, development of an “AI Factory for Energy…

US, TotalEnergies to Redirect $1b from Offshore Wind Leases to Oil Gas

Mar 23, 2026

The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.The deal is the latest blow to the U.S. offshore wind industry, which…

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UK Crown Estate Will Launch Tender for Irish Sea Offshore Wind Site

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