National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) released the Draft Programmatic Environmental Impact Statement (EIS) for oil and gas leasing…
Oil prices fell 1% on Friday and were headed for a weekly loss as analysts projected a supply surplus next year despite an OPEC+ decision to delay output hikes and extend deep production cuts to the end of 2026.Brent crude futures were down 85 cents…
Norwegian seismic specialist TGS has secured a large 3D streamer contract in the Southern Atlantic.Acquisition is scheduled to begin by the end of 2024.The contract has a duration of approximately 140 days, TGS said, without revealing any additional details…
Scientists from the University of Plymouth, Heriot-Watt University and the Marine Biological Association are leading a new project exploring the consequences of floating offshore wind farms on ocean life.The FRONTLINE project will employ AUVs…
Shell is stepping back from new offshore wind investments and is splitting its power division following an extensive review of the business that was once seen as a key driver of the company's energy transition strategy.The changes are part of…
French subsea power cable maker and services provider Nexans has secured a contract from ScottishPower Renewables to supply and install export cables for the East Anglia TWO offshore wind farm in the southern North Sea.Under the contract, Nexans…
Oil prices rose more than 2% on Tuesday as Israel threatened to attack the Lebanese state if its truce with Hezbollah collapses, and as investors positioned for OPEC+ to announce an extension of supply cuts this week.Brent crude futures posted their biggest gains in two weeks…
The Bureau of Ocean Energy Management (BOEM) has announced its approval of the Construction and Operations Plan for the Maryland Offshore Wind project.This is the final approval needed for the project from BOEM following the Department of the Interior’s September 2024 Record of Decision…
Shearwater Geoservices has been awarded a large 2D towed streamer seismic survey by Oil India, covering 14,500 line kilometers on the East Coast of India in the Bay of Bengal.The project, scheduled to being early 2025, forms part of India’s…
JDR Cable Systems (JDR), the global subsea cable and umbilical supplier and service provider, has secured a significant contract by DEME Offshore to support Dominion Energy's Coastal Virginia Offshore Wind (CVOW) project.JDR's comprehensive…
In support of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) today issued a Record of Decision identifying environmental measures expected…
Marine construction contractor Red7Marine has supported subsea solutions specialist N-Sea Group in a critical export cable repair project for the 576 MW Gwynt y Môr offshore wind farm in the Irish Sea.With complete delivery of two jack-up barges…
Shearwater Geoservices has secured a contract for a large-scale 2D seismic survey on the continental shelf margin off the west coast of India.The project, which will span 15,500 line-kilometres, demonstrates Shearwater's dedication to supporting India’s seismic exploration efforts…
Scottish subsea specialist Sulmara has secured an $18.9 million investment from BGF, one of the largest growth capital investors in U.K. and Ireland, to support the expansion of its survey and inspection services in the offshore wind and energy markets…
Proserv and Verlume have signed a memorandum of understanding (MoU) to explore collaborative opportunities in the subsea power and renewable sectors and bring innovative technologies to the rapidly evolving clean energy market.Under the terms of the MoU…
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