Offshore News

 

Trump's Likely First Energy Policy Moves

Jan 13, 2025

President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.Here are some of the energy-related executive…

Solstad Offshore’s CSV Gets Multi-Year Contract

Jan 13, 2025

Norwegian offshore vessel owner Solstad Offshore has been awarded a three-year contract with an international contractor for its construction support vessel (CSV) Normand Frontier.The firm contract has an immediate startup and will keep the Normand Frontier fully committed until end 2027…

DEME, Van Oord Secure Offshore Wind Work in Taiwan

Jan 13, 2025

DEME and Van Oord have secured separate contracts from Copenhagen Infrastructure Partners (CIP) for installation works at the 500 MW Fengmiao 1 offshore wind farm in Taiwan.DEME, through its Taiwanese joint venture CDWE, has been awarded a substantial…

Brazil’s President Authorizes Offshore Wind Development

Jan 12, 2025

Brazilian President Luiz Inacio Lula da Silva has signed into law a bill authorizing the development of offshore wind farms, a statement said late on Friday, a bid to strengthen the country's energy security and spark a wave of investment.The…

BOEM Boosts Monetary Penalties for Oil & Gas firms

Jan 10, 2025

Today, the Bureau of Ocean Energy Management (BOEM) announced a final rule that implements the 2025 inflation adjustments for the maximum daily civil monetary penalties contained in BOEM regulations in accordance with Federal law.The Federal…

OP/ED: When it Comes to Offshore Energy, Be Careful What You Wish For

Jan 09, 2025

You just might get it.In the waning days of the Biden administration, the executive orders and such that get announced seemingly on a daily basis signal countless victories for that side of the equation. And, no matter which side of that great divide that you reside on…

Shell Comes Up Dry Offshore Namibia

Jan 08, 2025

Shell will write down around $400 million over an oil discovery offshore Namibia that it deemed commercially unviable in a blow to the southern African country's efforts to become a crude producer.Shell told Reuters that discovered oil and gas…

DeepOcean Adds High-Spec Subsea Vessel to Its Fleet

Jan 08, 2025

Ocean services provider DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer.The new capacity aligns with the company’s service offerings and subsea capabilities across both the offshore renewables and conventional energy sectors in multiple regions…

Trump Says He Will Revoke Offshore Drilling Ban Immediately

Jan 07, 2025

U.S. President-elect Donald Trump said on Tuesday he will move quickly to revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden.'Banning offshore drilling will not stand. I will reverse it immediately…

Canada’s Industry Responds to Draft Cap-and-Trade Regulations

Jan 07, 2025

Canada’s industry body CAPP has issued a statement on the nations Draft Oil and Gas Sector Greenhouse Gas Emissions Regulations, saying no government should pursue such value-destroying and patently unconstitutional legislation.“This is a federal…

Damen Delivers Patrol Vessel for Nigeria’s Oil and Gas Sector

Jan 07, 2025

Damen Shipyards Cape Town has delivered an FCS 3307 patrol vessel to Homeland Integrated Offshore Service (Homeland IOSL) in Nigeria.This vessel, on charter with an international energy company, will perform offshore patrol duties to enhance the security of personnel…

Strategic Marine Delivers Offshore Crew Transfer Vessel to AES

Jan 06, 2025

Singapore-based shipbuilder Strategic Marine has delivered its first Surface Effect Ship (SES) to All Energies Services (AES), specifically designed for offshore crew transfer operations within the oil and gas sector.The contract marks a major…

Biden Expected to Ban Oil and Gas Development on Millions of Offshore Acres

Jan 05, 2025

President Joe Biden is set to ban new offshore oil and gas development across 625 million acres (250 million hectares) of U.S. coastal territory, Bloomberg News reported on Friday.The ban, to be announced on Monday, rules out the sale of drilling…

BOEM Advances Offshore Wind Leasing in Guam

Jan 03, 2025

In support of the current administration’s goals to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced the…

PSE $15B Investment Plan includes Offshore Wind

Jan 03, 2025

Polish power-grid operator PSE said on Thursday its transmission network development plan for 2025-2034 assumes investment of more than $15.4 billion by 2034.The comprehensive plan will enable a significant increase in potential for new renewable energy sources…

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