Government Update News

 

Trump Administration to Revise Offshore Safety Rules

May 02, 2019

The Trump administration will unveil on Thursday its final plan to roll back offshore drilling safety measures put in place by the Obama administration after the fatal 2010 BP Deepwater Horizon oil spill, the worst in U.S. history, raising concerns…

Offshore Wind Developers Invests in Rhode Island

Apr 23, 2019

Orsted U.S. Offshore Wind and Eversource pledged $4.5 million Monday to talent and workforce development in Rhode Island based on the Revolution Wind project.Governor Gina M. Raimondo said: 'Ørsted and Eversource's commitments, as part of their Revolution Wind offshore wind farm…

DPU Approves Vineyard Wind Contracts

Apr 18, 2019

The Massachusetts Department of Public Utilities (DPU) has approved long-term contracts for 800MW of offshore wind between Vineyard Wind and the Commonwealth’s electric distribution companies.The DPU green signal is a crucial approval needed…

India, Denmark Forge Offshore Wind Alliance

Apr 16, 2019

India’s Union Cabinet has given its approval for a cooperation agreement between India and Denmark on strategic sector cooperation in the field of renewable energy with a focus on offshore wind.According to a government release, the Cabinet…

Estonia Blocks $1.9B Offshore Wind Project

Apr 12, 2019

The Estonian government has refused to start the permitting process for the building of a $1.9 billion, 600-MW offshore wind farm off the west coast of the island of Saaremaa, citing national security concerns.The Estonian developer Saare Wind…

Maryland Act Boosts Offshore Wind Market

Apr 11, 2019

Maryland state lawmakers have passed the Clean Energy Jobs Act (CEJA) of 2019, which would incentivize the development of 1.2 GW of additional offshore wind energy off the coast of Maryland.US Wind Country Manager Salvo Vitale testified last…

GROW, Dutch Ministry to Grow Offshore Innovation

Mar 25, 2019

GROW, a consortium of Dutch offshore wind industry and research partners, and the Dutch Ministry of Economic Affairs and Climate Policy have signed a collaboration agreement to strengthen innovation in offshore wind.'Offshore wind energy is…

GoM Lease Bids Hit $244mln

Mar 21, 2019

Oil and gas Lease Sale 252 generated $244.3 million in high bids for 227 tracts covering 1,261,133.85 acres in federal waters of the Gulf of Mexico (GoM). According to Bureau of Ocean Energy Management data, that’s still way below the $405 million…

RMT Concerned Over Offshore Wind Policy

Mar 07, 2019

The UK's offshore trade union RMT has raised concerns over the impact on workers from today's Government offshore wind energy strategy.RMT General Secretary, Mick Cash said: “RMT is concerned that the offshore wind industry has already adopted…

Ecopetrol Wins Offshore Colombia Block

Mar 06, 2019

Colombia’s state-run oil company Ecopetrol SA has signed Colombia’s first offshore exploration and production contract under a newly revised contract model.According to a report in Reuters, the deal for a nearly 400,000-hectare (988,000-acre)…

DOE Chief Perry: OPEC Bill Could Spike Oil Prices

Feb 28, 2019

The United States needs to be cautious about pending legislation that would allow the Justice Department to sue OPEC and other oil producers over supply cuts because it could result in higher prices in the long term, U.S. Energy Secretary Rick Perry said on Thursday…

Oil Edges Up Despite Trump's OPEC Pressure

Feb 26, 2019

U.S. crude inventories seen up for sixth week; prices helped by OPEC cuts, U.S. sanctions.Brent oil edged up to $65 a barrel on Tuesday as Saudi Arabia and the rest of OPEC were expected to stick to their production cuts, despite renewed pressure from U…

Shell: Nigeria Tax Claim May Delay Offshore Field

Feb 26, 2019

Shell upstream boss Brown sees 'no merit' in tax claim. Separately, Shell to fast track Whale development in Gulf of Mexico.Royal Dutch Shell said on Tuesday that Nigeria's claims that it was owed billions in taxes could delay the development…

Citgo's New Board Arrives, to Hold First Meeting

Feb 21, 2019

A board of directors appointed this month by Venezuela's opposition-controlled congress to run state-owned oil firm PDVSA's U.S. unit Citgo Petroleum on Thursday was arranging its first meeting at the company's headquarters, according with two people familiar with the matter…

Denmark Rethinks Offshore Project

Feb 10, 2019

The Energy Board of Appeal has cancelled and withdrawn the part of the construction licence for the Vattenfall's Vesterhav Syd Offshore Wind Farm concerning assessment of environmental impacts, with a view to renewed processing by the Danish Energy Agency (DEA)…

Current News

Manor Renewable Energy Orders Two Crew Transfer Vessels from Strategic Marine

Manor Renewable Energy Orders Two Crew Transfer Vessels from Strategic Marine

RWE Brings Online Its First Floating Solar Plant

RWE Brings Online Its First Floating Solar Plant

Canada Eyes Offshore Wind Development in Newfoundland and Labrador and Nova Scotia

Canada Eyes Offshore Wind Development in Newfoundland and Labrador and Nova Scotia

Vår Energi Buys Into Lime Petroleum's North Sea Blocks, Off Norway

Vår Energi Buys Into Lime Petroleum's North Sea Blocks, Off Norway

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