Offshore News
China Begins to Return to the World Oil Market
China's withdrawal from the global oil market was one of the biggest surprises of the Strait of Hormuz shutdown. Shortly after Ira...
Read More >>Equinor Buys Out BP's Stake in Bay du Nord Project off Newfoundland
Equinor has bought out the interests of its partner BP in the Bay du Nord offshore field off the coast of Newfoundland and Labrado...
Read More >>China Deploys First 16MW Floating Offshore Wind Tension-Leg Platform
China continues its developments, placing it at the forefront of the offshore wind energy sector. In the latest development, offic...
Read More >>Duke Energy to Sell Back its North Carolina Offshore Wind Area Lease
Duke Energy is joining the growing list of companies selling back their offshore wind energy leases to the Trump administration. T...
Read More >>Canada Qualifies First Companies to Bid for Offshore Wind Energy Licenses
Canada and the province of Nova Scotia took a key step forward in their ambitions to develop offshore wind energy by designating t...
Read More >>US Coast Guard Charters an Offshore Vessel to Support its Cutters
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...
Read More >>California to Sue Trump Administration for Canceled Offshore Wind Lease
California Attorney General Rob Bonta and the California Energy Commission filed a notice of intent on Tuesday, June 23, to challe...
Read More >>Trump Administration to Buy Back Four More Offshore Wind Leases
Continuing its strategy of canceling offshore wind projects by buying back the leases in exchange for other energy investments, th...
Read More >>HSE: Motor Failure Caused Drill Rig to Drop a Blowout Preventer
The drawworks on the drill rig Deepsea Atlantic dropped a blowout preventer and 400 feet of riser onto the seabed in an uncontroll...
Read More >>Trump Administration Ends Appeal to Keep Moratorium on Wind Energy Leases
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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