The U.S. Environmental Protection Agency (EPA) is moving too slowly to allow states to permit and oversee carbon-reduction projects, according to Louisiana's governor, slowing millions of dollars in investments designed to tackle greenhouse gas reduction…
U.S. maritime and logistics company Crowley said it has made a deal that could see it lease and develop an offshore wind terminal in Louisiana's Port Fourchon.The Right of First Refusal agreement was reached during Wednesday’s Greater Lafourche Port Commission (GLPC) Board Meeting in Cut Off…
Big Oil more than doubled its profits in 2022 to $219 billion, smashing previous records in a year of volatile energy prices where Russia's invasion of Ukraine reshaped global energy markets and, in some cases, the industry's climate ambitions…
Oil major BP has awarded a contract extension to Stena Drilling for the use of the Stena IceMAX drillship. Stena Drilling said Tuesday that, under the extension, the rig would move to the U.S. Gulf of Mexico, in direct continuation of the initial one-well…
Offshore drilling firm Diamond Offshore has informed that the Vela drillship has started its contract with Beacon Offshore.'After recently completing operations for Woodside Energy, the Diamond Offshore-managed, Aquadrill-owned 7th Generation…
Norwegian offshore seismic data acquisition and processing firm TGS said Monday it had signed a memorandum of understanding to carry out a proprietary 4D OBN survey in Walker Ridge canyon in the U.S. Gulf of Mexico. The survey is planned to start in the third quarter of 2023…
A Canadian offshore oil regulator said on Friday that it has licensed a significant discovery by Equinor near the country's Atlantic coast. Global oil companies are pumping billions of dollars into offshore drilling because they can turn profits at lower prices than some onshore production…
General Electric recently filed a plan to build two new offshore wind manufacturing facilities in New York if it wins enough orders from companies in the state’s ongoing solicitation for up to 4.6 GW of offshore wind.GE proposed building the…
February will be a month of contrasts for U.S. offshore wind industry. On the positive side, BOEM is moving forward with lease negotiations for an East Coast floating wind pilot array, and six developers submitted over 100 proposals in response to New York’s third offshore wind solicitation…
WindServe Marine, a U.S. offshore wind support services company, has secured a loan from The Washington Trust Company, for the construction of three new 88-foot crew transfer vessels (CTV), recently commissioned by Ørsted, the largest offshore wind developer in the world…
Energy industry technology firm Baker Hughes has partnered up with Houston-based cloud-based well construction digital solution provider Corva, 'to bolster oil and gas customers’ rig visualization and drive enhanced decision making across the well lifecycle…
Ørsted and Eversource have submitted a joint proposal in response to New York State’s third round of offshore wind solicitations. 'Delivering clean, renewable power for at least 1 million New York homes, this submission includes multiple bids…
A joint venture between RWE Renewables and National Grid called Community Wind has submitted a proposal to the New York State Energy Research and Development Authority (NYSERDA) to provide New York State with electricity from 1.3 GW of offshore wind capacity to power nearly 500…
Mexican oil and gas companies, including state giant Pemex, are lagging behind on their obligations to identify, report and mitigate methane emissions from their installations, an investigation by a group of non-profits found.Methane, a potent greenhouse gas that traps heat in the atmosphere…
Leading Light Wind submitted its bid for an offshore wind power contract to the New York State Energy Research and Development Authority (NYSERDA) as part of New York's third competitive offshore wind solicitation.Leading Light Wind, led by Chicago-based Invenergy and New York-based energyRe…