Equinor on Wednesday said it believes the decision of U.S. President Donald Trump's administration to halt the construction of a multi-billion dollar offshore wind power project is unlawful and that the group may take legal action.In a blow to the nascent U…
On April 18, 2025, the Department of the Interior announced that the Bureau of Ocean Energy Management (BOEM) would soon initiate the first step in an engagement process to develop the 11th National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program)…
Cerulean Winds, the lead developer of the Aspen, Beech and Cedar floating offshore wind farms, has completed Digital Aerial Surveys (DAS) for the projects planned to be built in the Central North Sea.The ecological data has been collected across an area of 2…
Dutch geological data specialist Fugro it would cut more jobs and shift focus to different business segments after confirming a drop in first-quarter revenue on Thursday, hit by a pause in new U.S. offshore wind projects.The company also cited a highly volatile global market environment…
The U.S. Interior Department on Friday said it would begin taking public input for a new five-year offshore oil and gas leasing program that could include new zones in the Arctic and elsewhere to maximize energy development.President Donald…
US Secretary of the Interior Doug Burgum has directed the Bureau of Ocean Energy Management (BOEM) to begin a public engagement process to develop a new schedule for offshore oil and gas lease sales on the U.S. Outer Continental Shelf.“Launching…
Norway's Equinor will halt offshore construction of its Empire Wind I project in New York state, following a stop-work order from U.S. Interior Secretary Doug Burgum, the company said on Thursday.The sudden order marks a major blow for the company and the nascent U…
New York Governor Kathy Hochul has said she would fight the federal decision to halt all construction for the Empire Wind 1 offshore wind project made by the U.S. Department of the Interior (DOI).The U.S. Interior Secretary Doug Burgum ordered…
Australian gas producer Woodside Energy has signed LNG sale and purchase agreements with German-based Uniper for the supply of gas from its global portfolio.Under the agreement, Woodside will supply 1.0 million tonnes per annum (Mtpa) from Louisiana LNG and up to 1…
U.S. Interior Secretary Doug Burgum ordered a halt to construction on Equinor's Empire Wind project off the coast of New York, saying information suggested the Biden administration approved it without enough environmental analysis.In a post on X on Wednesday…
The US Government Accountability Office (GAO) has made recommendations aimed at improving the Department of Interior’s oversight of offshore wind projects.The Department of the Interior and other federal agencies are supposed to work with Tribes…
Dutch geodata firm Fugro on Tuesday said it started reducing its U.S. workforce and scaling back operations there after warning its sales and earnings would miss earlier forecasts because of volatile markets and lack of new U.S offshore wind projects…
Sea1 Offshore, formerly Siem Offshore, has signed an agreement to sell the 2014-built offshore construction vessel (OSCV) Sea1 Spearfish to an independent third party.The sale is done on market terms and will result in a gain of approximately $40 million for Sea1 Offshore…
Dutch FPSO leasing specialist SBM Offshore has signed a $1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks.The loan will be used to refinance its existing $1.0 billion RCF which was due to expire in February 2026…
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