Offshore
Articles

From
Mike Schuler
via
gCaptain
First US-Built Offshore Wind Installation Vessel Begins Sea Trials as Nation’s Largest Offshore Wind Project Hits Halfway Mark
The Charybdis, America’s first domestically-built wind turbine installation vessel, has commenced sea trials in Brownsville, Texas, marking a significant milestone for the U.S. offshore wind industry. The vessel, now 96%...

From
Mike Schuler
via
gCaptain
Bibby Marine Goes Big on Batteries: World’s First Fully-Electric Offshore Vessel to Launch in 2027
UK-based Bibby Marine has contracted with Spanish shipyard Armon to build the world’s first fully-electric Commissioning Service Operation Vessel (eCSOV), marking a significant milestone in maritime decarbonization. The vessel will...

From
Mike Schuler
via
gCaptain
Noble Corporation to Scrap Two Ultra-Deepwater Drillships
Noble Corporation plc (NYSE: NE) has announced plans to divest two cold-stacked ultra-deepwater drillships, the Pacific Meltem and Pacific Scirocco, as part of its fleet optimization strategy. The company intends...

From
Mike Schuler
via
gCaptain
New Jersey Cancels Fourth Offshore Wind Solicitation as Shell Exits Atlantic Shores Project
The New Jersey Board of Public Utilities (BPU) has canceled its fourth offshore wind solicitation amid significant market challenges and Shell’s withdrawal from the Atlantic Shores project. The solicitation, which...

From
Mike Schuler
via
gCaptain
Cadeler Takes Delivery of Wind Turbine Installation Vessel ‘Wind Maker’, Secures Contracts for Sister Vessel
Offshore wind installation specialist Cadeler has taken delivery of its latest jack-up wind turbine installation vessel (WTIV) Wind Maker at Hanwha Ocean Shipyard in Korea. The delivery marks a significant expansion of...

From
Reuters
via
gCaptain
Orsted Replaces CEO as Offshore Wind Industry Struggles
Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday, as it seeks to arrest an 83% slump in its share price since its 2021 peak.

From
Mike Schuler
via
gCaptain
Atlantic Shores Presses On After Shell’s $1 Billion Offshore Wind Exit
The developer behind New Jersey’s first offshore wind farm plans to continue the project despite Shell’s withdrawal from the project. Shell on Thursday announced its exit from the Atlantic Shores...

From
Bloomberg
via
gCaptain
Shell Bails on Billion-Dollar Offshore Wind Bet as Trump Cracks Down
Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders.

From
Mike Schuler
via
gCaptain
Trump Halts All Offshore Wind Leasing, Orders Review of Existing Projects in Day One Executive Action
In a sweeping executive action on his first day in office, President Donald Trump has ordered an immediate halt to all offshore wind development on the U.S. Outer Continental Shelf...

From
Reuters
via
gCaptain
Republican-Led States Sue Biden Administration Over Offshore Drilling Ban
By Kanishka Singh WASHINGTON, Jan 17 (Reuters) – A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing Democratic U.S. President Joe Biden earlier this month on new offshore oil...

From
Mike Schuler
via
gCaptain
Congressman Van Drew, Trump Team Up to Sink Biden’s Offshore Wind Ambitions
Republican Congressman Jeff Van Drew says he’s been working with President-elect Donald Trump on crafting an executive order aimed at “halt[ing] offshore wind turbine activities” along the East Coast. “These...

From
Mike Schuler
via
gCaptain
Norway Awards 53 New Oil and Gas Licenses in Strategic Move to Secure European Energy Supply
The Norwegian Ministry of Energy has awarded 53 new production licenses on its continental shelf as part of its annual APA 2024 licensing round, reinforcing the country’s commitment to maintaining...