Government Update News

 

Med Exploration Dispute Draw EU Sanctions for Turkey

Aug 28, 2020

The European Union is preparing sanctions against Turkey that could be discussed at the bloc's next summit on Sept. 24 in response to the eastern Mediterranean dispute with Greece, the EU's top diplomat said on Friday.The measures, meant to…

NATO Seeks to Avoid Accidents in East Med Dispute

Aug 27, 2020

NATO is looking at ways to avoid accidental clashes in the Eastern Mediterranean while supporting German diplomatic efforts to defuse the worsening dispute over energy resources there, the alliance’s chief said on Thursday.NATO Secretary-General…

Chinese Ships Intruded into Malaysian Waters 89 Times in Four Years -Report

Jul 14, 2020

Chinese coastguard and navy ships intruded into Malaysian waters in the disputed South China Sea 89 times between 2016 to 2019, and often remained in the area even after being turned away by the Malaysian navy, the government said in a report on Tuesday…

The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World

Jun 12, 2020

Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects of the Offshore Wind Market --  https://zoom.us/webinar/register/WN_UR5uY1boTOKdAAcAXDbR4gJust when it was looking…

First Major US Offshore Wind Farm Reaches Permitting Milestone

Jun 09, 2020

The first major U.S. offshore wind farm, planned for the Massachusetts coast, reached a key permitting milestone on Tuesday with the release of a long-awaited federal environmental study that considers the project's impacts on fisheries and navigation…

Greece, Italy to Sign Accord on Maritime Zones

Jun 09, 2020

Greece and Italy will sign an agreement on maritime boundaries during a visit by Italy's foreign minister to Athens on Tuesday, the Greek Foreign Affairs Ministry said.The deal follows months of tensions in the Eastern Mediterranean region over natural resources…

OPINION: Drowning in Oil, Regulatory Measures to Keep Prices Afloat

May 01, 2020

These days history seems to be in the making on a daily basis. On April 20, 2020, the price of the NYMEX West Texas Intermediate Sweet Crude Oil (WTI) futures contract for May delivery plunged into the negative, forcing sellers to actually pay…

Dutch Government Gives Shipbuilder IHC $435 Mln Lifeline

Apr 30, 2020

The Dutch government said on Thursday it is providing ailing shipbuilder Royal IHC with a lifeline of up to almost 400 million euros ($435 million), enabling the company's takeover by a consortium of marine companies and investors from Benelux countries…

Oil Posts Biggest One-day Gain After Trump Touts Saudi-Russia Deal

Apr 02, 2020

Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and Saudi state media said the kingdom was calling an emergency meeting of producers to deal with the market turmoil…

Nigeria Announces Offshore Oil Worker Restrictions to Battle Coronavirus

Mar 29, 2020

Nigeria's petroleum regulator has ordered oil and gas companies to reduce their offshore workforce and move to 28-day staff rotations as part of measures to curb the spread of the coronavirus, according to a circular seen by Reuters.Health experts…

NY Congressman Backs Arthur Kill OWP

Feb 20, 2020

Congressman Max Rose has called on Governor Andrew Cuomo to support the offshore wind development at Arthur Kill Terminal, Staten Island, New York.  'The offshore wind project at the Arthur Kill Terminal is an incredible opportunity to provide more reliable energy for New Yorkers…

USA Ups BOEM Offshore Wind Budget

Feb 11, 2020

The Trump Administration has proposed a $189m fiscal year 2021 budget for the Bureau of Ocean Energy Management (BOEM), designating just under $27m for offshore wind.The FY 2021 budget includes approximately $26.5 million to advance offshore renewable energy development…

Ofgem to Probe Western Subsea Link

Jan 29, 2020

British energy market regulator Ofgem has launched an investigation into National Grid and Scottish Power’s delivery of a high-voltage direct current (HVDC) subsea cable which carries energy from Scottish windfarms to north Wales.The Western HVDC - known as Western Link -  is a £1…

Senegal Offers Offshore Licensing Round

Jan 28, 2020

The national oil company of Senegal, Société des Pétroles du Sénégal (PETROSEN) officially launched the country’s First Offshore Licensing Round at the Mauritania-SeneGambia-Bissau-Conakry (MSGBC) Basin. The licensing round comprises 12 blocks on offer in the MSGBC basin…

NJ Governor Signs Offshore Wind Bill

Jan 22, 2020

New Jersey Governor Phil Murphy signed into legislation Bill, expanding the definition of a 'qualified offshore wind project'. This definition now includes an 'open access offshore wind transmission facility'.With the new legislation in place…

Current News

ExxonMobil to Drill for Gas Off Cyprus in January

ExxonMobil to Drill for Gas Of

Mocean Energy Raising Funds to Advance Wave Energy Tech

Mocean Energy Raising Funds to

Seadrill’s Drillships Getting Ready to Start Work Off Brazil

Seadrill’s Drillships Getting

New Alliance Targets CTV Deliveries for Japanese Offshore Market

New Alliance Targets CTV Deliv

Subscribe for OE Digital E‑News

Offshore Engineer Magazine