Offshore
Articles

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Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders.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...

From
Mike Schuler
via
gCaptain
Shell’s Whale Makes Waves: Gulf of Mexico’s Newest Offshore Giant Goes Live
Shell has announced the successful startup of its newest floating production facility, Whale, in the deepwater Gulf of Mexico, marking a significant advancement in offshore energy production. The state-of-the-art facility,...

From
Mike Schuler
via
gCaptain
Van Oord Takes Delivery of World’s Largest Wind Turbine Installation Vessel
Van Oord has taken delivery of its groundbreaking offshore installation vessel Boreas during a ceremony at China’s Yantai CIMC Raffles shipyard. The methanol-powered vessel represents a significant leap forward in...

From
Mike Schuler
via
gCaptain
Gulf of America? Trump Floats Name Change for Gulf of Mexico
From “Freedom Gas” to “Gulf of America”: Trump Doubling Down on Energy Nationalism President-elect Donald Trump has announced plans to rename the Gulf of Mexico to the “Gulf of America”...

From
Reuters
via
gCaptain
Biden Administration Blocks Offshore Drilling Across 625 Million Acres of U.S. Waters
U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision President-elect Donald Trump, who has vowed to boost domestic energy production, may find difficult to reverse.