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UK Government Commits £300 Million to Boost Offshore Wind Supply Chain
Offshore
April 23, 2025
From 
Mike Schuler
 via 
gCaptain

UK Government Commits £300 Million to Boost Offshore Wind Supply Chain

The UK government has announced a significant investment of £300 million through Great British Energy to strengthen the nation’s offshore wind manufacturing capabilities and supply chains. The investment will focus...
Orsted Shares Slump After Trump Escalates Offshore Wind Threat
Offshore
April 22, 2025
From 
Bloomberg
 via 
gCaptain

Orsted Shares Slump After Trump Escalates Offshore Wind Threat

(Bloomberg) — Orsted A/S shares dropped almost 10% on the first day of trading since President Donald Trump’s administration ordered another developer to halt construction of a wind farm off...
Hanwha Ocean Launches Drillship ‘Tidal Action’ for Petrobras Charter
Offshore
April 21, 2025
From 
Mike Schuler
 via 
gCaptain

Hanwha Ocean Launches Drillship ‘Tidal Action’ for Petrobras Charter

South Korean shipbuilder Hanwha Ocean has marked its entry into the deepwater drilling operations sector with the naming ceremony of its next-generation drillship ‘Tidal Action’. The vessel includes advanced capabilities,...
Trump Launches Ambitious New Offshore Oil and Gas Leasing Program, Establishes High Arctic Planning Area
Offshore
April 18, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Launches Ambitious New Offshore Oil and Gas Leasing Program, Establishes High Arctic Planning Area

The Department of the Interior has initiated the development of the 11th National Outer Continental Shelf (OCS) Oil and Gas Leasing Program, marking a significant shift in U.S. offshore energy...
Equinor Weighs Legal Challenge to Trump Admin’s Empire Wind Shutdown
Offshore
April 17, 2025
From 
Mike Schuler
 via 
gCaptain

Equinor Weighs Legal Challenge to Trump Admin’s Empire Wind Shutdown

Construction activities for the Empire Wind project off New York’s coast have been suspended following a halt work order from the U.S. government, Norwegian energy firm Equinor said Thursday. Empire...
Trump’s Offshore Wind Halt Risks $28 Billion of Investment
Offshore
April 17, 2025
From 
Bloomberg
 via 
gCaptain

Trump’s Offshore Wind Halt Risks $28 Billion of Investment

With an order to halt work on a wind farm off the coast of New York, the Trump administration dealt the offshore wind industry a damaging blow that puts $28 billion of investment at risk.
Trump Administration Halts Major New York Offshore Wind Project
Offshore
April 16, 2025
From 
Mike Schuler
 via 
gCaptain

Trump Administration Halts Major New York Offshore Wind Project

U.S. Interior Secretary Doug Burgum has ordered an immediate halt to construction on Equinor’s Empire Wind project off the coast of New York, marking a significant development for the U.S....
Trump Plans Order To Enable Critical Metals Stockpiling
Offshore
April 13, 2025
From 
Bloomberg
 via 
gCaptain

Trump Plans Order To Enable Critical Metals Stockpiling

By Subrat Patnaik Apr 12, 2025 (Bloomberg) –US President Donald Trump’s administration is planning an executive order to allow the stockpiling of critical metals from the Pacific seabed, according to the...
China Discovers 100 Mln Ton Oilfield In South China Sea
Offshore
March 30, 2025
From 
Reuters
 via 
gCaptain

China Discovers 100 Mln Ton Oilfield In South China Sea

BEIJING, March 31 (Reuters) – China National Offshore Oil Corporation has discovered an oilfield in the eastern South China Sea with proven reserves exceeding 100 million tonnes, a report in China’s official Xinhua news agency said...
Canadian Company Seeking Trump’s Approval To Mine Seabed Condemned By Regulators
Offshore
March 30, 2025
From 
Bloomberg
 via 
gCaptain

Canadian Company Seeking Trump’s Approval To Mine Seabed Condemned By Regulators

By Todd Woody Mar 29 (Bloomberg) -International regulators on Friday condemned a seabed mining company’s move to circumvent their authority by seeking the Trump administration’s approval to extract critical minerals from untouched ocean...
EPA Halts Atlantic Shores Wind Farm Construction as Trump Administration Reviews Projects
Offshore
March 17, 2025
From 
Mike Schuler
 via 
gCaptain

EPA Halts Atlantic Shores Wind Farm Construction as Trump Administration Reviews Projects

The Environmental Protection Agency (EPA) has suspended permits for the Atlantic Shores Offshore Wind Project off New Jersey’s coast following a January 2025 Presidential directive that ordered an immediate halt...
Equinor Makes Significant Gas Discovery in Norwegian Sea’s Halten Area
Offshore
March 5, 2025
From 
Mike Schuler
 via 
gCaptain

Equinor Makes Significant Gas Discovery in Norwegian Sea’s Halten Area

Equinor and its partners have discovered gas and condensate in the Mistral Sør exploration well in the Norwegian Sea’s Halten area, marking another significant find in the region’s growing energy...