Government Update News


MSE Int'l Wins Funding for Port Recharging Project

Nov 20, 2024

MSE International has won funding from TRIG 2024 to lead a new project, PRIMET; Port Recharging Infrastructure for Maritime Energy Transition.The project will accelerate the roll-out of port and harbor infrastructure needed to support the rapid…

Shipping, Energy Tax Could Help Foot $1T to Combat Climate Change - COP29

Nov 19, 2024

The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming. Some see new taxes as one way to get there.  The Global Solidarity Levies Task Force (GSLT)…

ND Governor Burgum on Trump's Energy Shortlist

Nov 08, 2024

President-elect Donald Trump is considering North Dakota Governor Doug Burgum to be his new 'energy tsar', the Financial Times reported on Friday.Burgum is Trump's preferred candidate for the role, the newspaper reported citing people familiar with the discussions…

Analysts: Trump Hardening Iran Policy Might Not Stem Flow to China

Nov 06, 2024

Former President Donald Trump's return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle to get China, Iran's top crude customer…

BOEM Postpones Oregon’s Offshore Wind Lease Sale

Sep 30, 2024

The Bureau of Ocean Energy Management (BOEM) has decided to delay the offshore wind energy auction planned for potential lease areas offshore Oregon due to insufficient bidder interest at this time.On August 29, 2024, the Department of the Interior…

Energy Workforce & Technology Council Supports New Energy Act

Jul 23, 2024

The Energy Workforce & Technology Council has signaled its support for the Energy Permitting Reform Act of 2024, introduced by Senate Energy & Natural Resources Chairman Joe Manchin (I-WV) and Ranking Member John Barrasso (R-WY).The two lawmakers…

Contracts Awarded for Poland's First Offshore Wind Farm

Jul 08, 2024

SeaRenergy Group was awarded a Marine Coordination Services contract by Baltic Power for the construction phase of the Baltic Power offshore wind farm.The services will be kicked off with the preparatory phase in summer, with operations starting in the last quarter of 2024…

Edison Chouest Withdraws Title XI Application

Feb 19, 2024

An affiliate of Edison Chouest Offshore has withdrawn its application for financing under the U.S. Maritime Administration's (MARAD) Title XI program.Title XI is a government loan program with the Federal Financing Bank as the lender. It is…

MARAD’s Title XI Changes: Good News for Offshore Wind?

Feb 12, 2024

The U.S. Department of Transportation's Maritime Administration (MARAD) in December issued a final rule updating its financial requirements for the Federal Ship Financing Program, commonly referred to as Title XI. While the move applies to the U…

US to Establish National Offshore Wind Center of Excellence

Feb 09, 2024

The U.S. Department of Energy (DOE) has set out plans to invest $4.75 million to establish a new national center of excellence to accelerate offshore wind deployment across the United States.The Academic Center for Reliability and Resilience of Offshore Wind (ARROW)…

Norway Parliament Votes in favor of Seabed Mining

Jan 09, 2024

Norway's parliament on Tuesday voted in favor of allowing Arctic seabed mineral exploration, in line with a deal reached between the government and key opposition parties last month, overcoming objections from environmental campaigners.The decision…

Venezuela Slams Deployment of British Warship to Guyana

Dec 29, 2023

Venezuelan President Nicolas Maduro on Thursday said the deployment of a British warship to waters off the coast of Guyana breaches the 'spirit' of an agreement reached between Venezuelan and Guyanese authorities.Guyana and Venezuela agreed…

What Do MARAD Title XI Changes Mean for Offshore Wind?

Dec 20, 2023

The U.S. Maritime Administration (MARAD) has recently announced an amendment to the Federal Ship Financing Program, commonly referred to as Title XI. The amendments have aligned the program’s financial requirements and tests with common current federal credit and maritime lending best practices…

US Proposes Offshore Wind Auction for Central Atlantic Areas Next Year

Dec 11, 2023

The Biden administration on Monday announced a plan to sell offshore wind development rights for two areas off the coasts of Delaware, Maryland and Virginia next year.The proposed sale by auction is the latest effort by President Joe Biden's…

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