Copenhagen-based offshore wind installation specialist Cadeler A/S (NYSE: CDLR / OSE: CADLR) announced today that Ørsted A/S has terminated their long-term agreement for a newbuild A-Class wind turbine installation vessel....

The Crown Estate, which manages King Charles' public property, reported an annual net profit of 1.15 billion pounds ($1.57 billion) on Tuesday, similar to the previous year, with offshore wind leases its biggest source of revenue.

Equinor has officially launched the Service Operations Vessel (SOV) ECO Liberty for deployment in its Empire Wind offshore wind project in New York. The vessel was christened on Saturday at a ceremony...

The UK North Sea energy landscape is set for a major transformation with the announcement of Adura, soon to become the region’s largest independent oil and gas producer. The new...

The Department of the Interior has announced new policy measures to accelerate the exploration and development of offshore critical minerals essential for the nation’s energy, technology, and defense sectors. These...

The Bureau of Ocean Energy Management (BOEM) has announced a Proposed Notice of Sale for Lease Sale 262, offering approximately 15,000 unleased blocks across the Gulf of America’s Western, Central,...

Britain has issued tougher new environmental rules for fossil fuel projects with implications for the development of two vast North Sea oil and gas fields by Shell and Equinor.

The Governors of North and South Carolina have joined forces to advocate for maintaining the moratorium on offshore drilling along their states’ coastlines. North Carolina Governor Josh Stein and South...

Equinor ASA expects its $5 billion wind project off New York — blocked then unblocked by the Trump administration — to proceed as planned, but said further investments in US offshore wind are likely off the table.

The Department of the Interior has initiated its first offshore mineral lease evaluation in over 30 years, focusing on waters near American Samoa with the the publication of a Request...

The global container shipping industry is experiencing unprecedented levels of fleet utilization, with commercial idle capacity hitting a remarkable low of just 0.6% of the world’s 32.0 Mteu fleet, according...

Atlantic Shores Offshore Wind has terminated its 1.5-gigawatt offshore wind project in New Jersey, marking a significant setback for the U.S. offshore wind industry amid mounting federal opposition. The project,...