Offshore News

Røkke-Backed Research Yacht Faces Years of Delays

Published Jun 21, 2021 7:22 PM by The Maritime Executive

The Kjell Inge Røkke-backed research yacht Rev Ocean has hit a long delay, according to its backers. Røkke'...

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Developing Mobile Offshore Wind for Micro-Grid Applications

Published Jun 18, 2021 4:45 PM by The Maritime Executive

A Norwegian start-up company launched as a partnership with Odfjell Drilling last year focusing on floating wind turbines for hars...

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Hansen Designs Large Installation Vessel to Handle 14 MW Turbines

Published Jun 17, 2021 6:17 PM by The Maritime Executive

Reflecting the growth both in the size of wind farm installations and the development of larger turbines, the Knud E. Hansen naval...

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Shell Enters Competition for Norwegian Wind Farm Leases

Published Jun 17, 2021 3:59 PM by The Maritime Executive

Competition is continuing to grow for Norway’s upcoming auctions for two new offshore locations for wind projects. Shell bec...

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Australia Opens Bidding for Offshore Oil and Gas Exploration

Published Jun 16, 2021 10:52 PM by The Maritime Executive

The Australian government has launched the 2021 round of oil and gas licensing as part of strategies to promote offshore explorati...

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U.S. Federal Judge Rolls Back Biden's Offshore Leasing Ban

Published Jun 16, 2021 10:44 PM by The Maritime Executive

On Tuesday, a judge of the U.S. District Court for the Western District of Louisiana blocked the Biden administration's decisi...

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Biden Accelerates US Offshore Wind Through Army Corps-BOEM Cooperation

Published Jun 16, 2021 7:31 PM by The Maritime Executive

To increase renewable energy production in offshore waters and help the United States meet its goal to deploy 30 gigawatts of offs...

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Transocean Cashes In on its Popularity Among Day Traders

Published Jun 16, 2021 12:35 AM by The Maritime Executive

Over the past seven months, offshore rig operator Transocean has seen its share price rise from 70 cents a share to $4.20 a share...

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Deploying Wave Energy Prototype Test off Scotland

Published Jun 15, 2021 9:03 PM by The Maritime Executive

Several companies are working on the development of wave energy generation as part of a test project in northern Scotland. The com...

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BP Joins Partnership for Norwegian Offshore Wind Development

Published Jun 14, 2021 7:26 PM by The Maritime Executive

A week after Norway announced plans to move forward with new leases and open more areas for the development of offshore renewable...

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