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Search Resumes for Missing Flight MH370 But Contract Still in Limbo
Offshore
February 26, 2025
From 
Reuters
 via 
gCaptain

Search Resumes for Missing Flight MH370 But Contract Still in Limbo

KUALA LUMPUR, Feb 26 (Reuters) – A ship that will hunt for missing Malaysia Airlines Flight MH370 has deployed to its Indian Ocean search zone, according to Malaysia’s transport minister and ship tracking data, raising hopes of...
Brazil Offshore Oil Hit by Regulator’s Crackdown on Drilling
Offshore
February 25, 2025
From 
Reuters
 via 
gCaptain

Brazil Offshore Oil Hit by Regulator’s Crackdown on Drilling

Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating exploration and production projects at a key moment in the nation’s effort to boost crude output.
Saipem and Subsea 7 Ink $45 Billion Mega Merger
Offshore
February 24, 2025
From 
Reuters
 via 
gCaptain

Saipem and Subsea 7 Ink $45 Billion Mega Merger

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in offshore energy services.
UK Announces Major Reforms to Offshore Wind Development, Targets 50GW by 2030
Offshore
February 21, 2025
From 
Mike Schuler
 via 
gCaptain

UK Announces Major Reforms to Offshore Wind Development, Targets 50GW by 2030

The UK government unveiled sweeping reforms to accelerate offshore wind development, aiming to streamline planning processes and enhance investment certainty in the renewable energy sector. The UK, which already hosts...
Environmental Groups Sue to Block Trump’s Offshore Drilling Expansions
Offshore
February 20, 2025
From 
Reuters
 via 
gCaptain

Environmental Groups Sue to Block Trump’s Offshore Drilling Expansions

Environmental groups on Wednesday moved in court to block President Donald Trump’s administration from allowing offshore oil drilling along broad swaths of U.S. coastline, in what appeared to be the first legal challenges to the Republicans’ efforts to boost fossil fuel production.
Exxon Unveils Large-Scale Gas Project in Oil-Dominated Guyana
Offshore
February 19, 2025
From 
Reuters
 via 
gCaptain

Exxon Unveils Large-Scale Gas Project in Oil-Dominated Guyana

By Marianna Parraga and Kemol King GEORGETOWN, Feb 19 (Reuters) – U.S. oil major Exxon Mobil plans to boost natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government’s...
Transocean CEO Jeremy Thigpen to Step Down, Keelan Adamson Named Successor
Offshore
February 18, 2025
From 
Mike Schuler
 via 
gCaptain

Transocean CEO Jeremy Thigpen to Step Down, Keelan Adamson Named Successor

Transocean Ltd. (NYSE: RIG) announced today a significant leadership transition, with current President and Chief Operating Officer Keelan Adamson set to take the helm as President and Chief Executive Officer...
Trump’s New ‘Energy Dominance Council’ Aims to Supercharge U.S. Production
Offshore
February 17, 2025
From 
Mike Schuler
 via 
gCaptain

Trump’s New ‘Energy Dominance Council’ Aims to Supercharge U.S. Production

President Donald Trump has signed an executive order establishing the National Energy Dominance Council, a new body within the Executive Office of the President aimed at strengthening America’s energy independence...
UK Launches £200 Million ‘Bonus’ to Boost Offshore Wind Development and Maritime Jobs
Offshore
February 14, 2025
From 
Mike Schuler
 via 
gCaptain

UK Launches £200 Million ‘Bonus’ to Boost Offshore Wind Development and Maritime Jobs

The UK government has unveiled a major initiative to accelerate offshore wind development while supporting maritime and industrial communities, offering up to £200 million in financial incentives for developers who...
Trump Hostility to US Offshore Wind Reverberates Through Supply Chain
Offshore
February 13, 2025
From 
Reuters
 via 
gCaptain

Trump Hostility to US Offshore Wind Reverberates Through Supply Chain

Companies that committed to investments in U.S. offshore wind infrastructure and supply chains are scrapping their plans as the projects they were meant to serve face huge setbacks, including President Donald Trump's plan to end federal support.
Fifth Circuit Sinks Great Lakes Dredge & Dock’s Jones Act Challenge
Offshore
February 10, 2025
From 
Mike Schuler
 via 
gCaptain

Fifth Circuit Sinks Great Lakes Dredge & Dock’s Jones Act Challenge

The U.S. Fifth Circuit Court of Appeals has upheld a ruling against Great Lakes Dredge & Dock Company (GLDD) in its challenge to a U.S. Customs and Border Protection (CBP)...
Norway Shifts Focus to Floating Offshore Wind
Offshore
February 10, 2025
From 
Reuters
 via 
gCaptain

Norway Shifts Focus to Floating Offshore Wind

Norway will not offer acreage suitable for bottom-fixed offshore wind farm development when it next announces new tenders, and will instead focus on floating wind options, it said on Monday.