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'...


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...


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...


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...


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...


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...


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...


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...


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...


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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