Government Update News

 

OP/ED: When it Comes to Offshore Energy, Be Careful What You Wish For

Jan 09, 2025

You just might get it.In the waning days of the Biden administration, the executive orders and such that get announced seemingly on a daily basis signal countless victories for that side of the equation. And, no matter which side of that great divide that you reside on, it is likely that some of those edicts will be quickly reversed by the incoming President. Of course, much of this is likely irreversible…

SouthCoast Wind gets final BOEM nod

Jan 17, 2025

The Bureau of Ocean Energy Management (BOEM) today announced its approval of the Construction and Operations Plan for the SouthCoast Wind Project. This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision…

Trump's Likely First Energy Policy Moves

Jan 13, 2025

President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.Here are some of the energy-related executive…

Russia Accuses Ukraine for Attempted Attack on TurkStream Gas Pipeline

Jan 13, 2025

Russia said on Monday it had downed nine Ukrainian drones that tried to attack part of the infrastructure of the TurkStream gas pipeline, through which Russian gas flows to Turkey and Europe.The Russian defence ministry said the attack was aimed…

BOEM Boosts Monetary Penalties for Oil & Gas firms

Jan 10, 2025

Today, the Bureau of Ocean Energy Management (BOEM) announced a final rule that implements the 2025 inflation adjustments for the maximum daily civil monetary penalties contained in BOEM regulations in accordance with Federal law.The Federal…

Subsea Sabotage in the Baltic Sea - a Timeline for Perspective

Jan 03, 2025

A Finnish court today denied a request for the release of an oil tanker suspected by police of damaging an undersea power line and four telecommunications cables in the Baltic Sea last week. The incident was one of several since 2022 in which…

BOEM Advances Offshore Wind Leasing in Guam

Jan 03, 2025

In support of the current administration’s goals to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced the…

Shell Contains Oil Leak at Processing Unit in Singapore

Dec 30, 2024

Shell has contained the oil leak from its oil processing units at the Shell Energy and Chemical Parks at Pulau Bukom in Singapore, following the shut down of facilities to investigate the source of the leak.Efforts by Shell to locate the source of the leak in the oil processing unit are ongoing…

Denmark Issues Offshore Wind Permit

Dec 17, 2024

The Danish Energy Agency has granted a construction permit for 240-megawatt (MW) Jammerland Bugt offshore wind farm, which is expected to start operating in 2029, developer European Energy said on Tuesday.The project is located in the Bay of Jammerland…

Mandatory Turbine Upgrade Mandate Upsets Wind Industry

Dec 17, 2024

Wind parks operating in the Spanish region of Galicia will be obliged to replace ageing turbines after 25 years under a package of measures approved by the regional parliament on Tuesday, sparking an outcry from the renewables industry.Under the rules which come into force on Jan…

Sweden: New Offshore Wind not Commercially Viable

Dec 13, 2024

Developing offshore wind projects off Sweden's coasts is not commercially viable currently, a government commission tasked with reviewing and speeding up the system for authorizing new wind parks said on Friday.The commission recommended that…

BOEM Advances Leasing for GoM Offshore Wind Energy

Dec 12, 2024

The Bureau of Ocean Energy Management (BOEM) announced today that it is issuing a Determination of Competitive Interest in two Wind Energy Areas (WEAs) in the Gulf of Mexico. The determination comes after an unsolicited request from Hecate Energy…

Iberdrola Gets Portugese Nod for Wind Farm Start

Dec 09, 2024

Iberdrola has received a production license from the Portuguese Directorate-General for Energy and Geology of Portugal (DGEG), taking another step towards the construction of the largest wind farm in Portugal.Located in the districts of Vila Real and Braga…

Oil Rises as Syria's Assad Departs, China eases Monetary Policy

Dec 09, 2024

Oil prices rose by nearly 2% on Monday on increased geopolitical risk after the fall of Syrian President Bashar al-Assad, and as top importer China flagged its first move towards a loosened monetary policy stance since 2010.Brent crude futures were up $1…

BOEM ID's Environmental Measures for NY Bight Wind

Dec 02, 2024

In support of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) today issued a Record of Decision identifying environmental measures expected…

Current News

ADNOC Targets Quantum Technology for CCS

ADNOC Targets Quantum Technolo

NOIA Ready to Drive Offshore Energy with Trump Administration

NOIA Ready to Drive Offshore E

Chevron Eyes Oil and Gas Exploration Off Greece

Chevron Eyes Oil and Gas Explo

ExxonMobil Makes Gas Discovery Offshore Egypt

ExxonMobil Makes Gas Discovery

Subscribe for OE Digital E‑News

Offshore Engineer Magazine