Offshore News

China Begins to Return to the World Oil Market

Published Jul 8, 2026 10:16 PM by The Maritime Executive

China's withdrawal from the global oil market was one of the biggest surprises of the Strait of Hormuz shutdown. Shortly after Ira...

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Equinor Buys Out BP's Stake in Bay du Nord Project off Newfoundland

Published Jul 7, 2026 6:22 PM by The Maritime Executive

Equinor has bought out the interests of its partner BP in the Bay du Nord offshore field off the coast of Newfoundland and Labrado...

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China Deploys First 16MW Floating Offshore Wind Tension-Leg Platform

Published Jun 30, 2026 5:38 PM by The Maritime Executive

China continues its developments, placing it at the forefront of the offshore wind energy sector. In the latest development, offic...

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Duke Energy to Sell Back its North Carolina Offshore Wind Area Lease

Published Jun 29, 2026 3:43 PM by The Maritime Executive

Duke Energy is joining the growing list of companies selling back their offshore wind energy leases to the Trump administration. T...

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Canada Qualifies First Companies to Bid for Offshore Wind Energy Licenses

Published Jun 28, 2026 6:59 PM by The Maritime Executive

Canada and the province of Nova Scotia took a key step forward in their ambitions to develop offshore wind energy by designating t...

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US Coast Guard Charters an Offshore Vessel to Support its Cutters

Published Jun 26, 2026 3:37 PM by The Maritime Executive

The U.S. Coast Guard is taking a page from the U.S. Navy's operating manual and beginning to hire in civilian-crewed tonnage for s...

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California to Sue Trump Administration for Canceled Offshore Wind Lease

Published Jun 23, 2026 4:53 PM by The Maritime Executive

California Attorney General Rob Bonta and the California Energy Commission filed a notice of intent on Tuesday, June 23, to challe...

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Trump Administration to Buy Back Four More Offshore Wind Leases

Published Jun 17, 2026 3:22 PM by The Maritime Executive

Continuing its strategy of canceling offshore wind projects by buying back the leases in exchange for other energy investments, th...

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HSE: Motor Failure Caused Drill Rig to Drop a Blowout Preventer

Published Jun 15, 2026 8:29 PM by The Maritime Executive

The drawworks on the drill rig Deepsea Atlantic dropped a blowout preventer and 400 feet of riser onto the seabed in an uncontroll...

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Trump Administration Ends Appeal to Keep Moratorium on Wind Energy Leases

Published Jun 15, 2026 7:15 PM by The Maritime Executive

The U.S. Department of Justice on Monday, June 15, entered a brief memorandum with a U.S. District Court of Appeals saying it was...

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