Offshore

New Zealand Passes Offshore Wind Law to Boost Investment

New Zealand's offshore wind industry takes significant step forward after parliament approves Offshore Renewable Energy Bill.

An offshore windfarm at sundown

Norwegian Offshore Wage Deal Averts Strike on Key Assets

Norwegian labor unions representing employees on drilling rigs and floating production platforms have reached a wage agreement.

An offshore oil rig at sundown

Scotland Invests £1.7M in Offshore Wind Skills Development

Three initiatives across Scotland have secured nearly £1.7 million ($2.25 million) in funding to strengthen training opportunities.

An offshore windfarm at sundown

Skyborn Sells Stake in Major German Baltic Wind Project

Skyborn Renewables agrees to sell 25% interest in Gennaker offshore wind farm in German Baltic Sea to Stadtwerke München.

An offshore windfarm

Swedish Firm Wins Major Subsea Contract for Indonesia Gas Hub

Swedish company Alleima secures subsea tubing contract valued at approx. SEK 995 million linked to one of Indonesia’s largest offshore gas projects.

The Swedish and Indonesian flags intertwined

U.S. States Sue Over TotalEnergies Offshore Deal

Seven U.S. states file lawsuit against the Trump administration and French energy company TotalEnergies over cancellation of major offshore wind lease.

An offshore windfarm

MOL Joins $5 Billion US Floating Louisiana LNG Project

MOL, Delfin Midstream, Vitol and investors approve final investment decision for a major offshore floating liquefied natural gas project in the US.

Silhouette of a floating LNG project on the horizon at sunset

Trump Administration Sued by New York Over Offshore Wind Lease Cancellation

New York Attorney General Letitia James and Governor Kathy Hochul have filed a lawsuit against the Trump administration.

An offshore windfarm

Ming Yang Eyes Stake in Canadian Offshore Wind Project

Wind turbine manufacturer Ming Yang Smart Energy signs MOU with Oceanic Wind Energy to explore offshore wind development in Hecate Strait.

An offshore wind farm's turbines

BP Removes Chairman Albert Manifold Amid Conduct Concerns

Energy giant BP has removed Albert Manifold from his roles as chairman and director with immediate effect after serious concerns were raised.

A BP petrol station with a tag on one of the pumps saying it's 'out of use'

UK Offshore Wind Supplies Nearly 20% of Power

Offshore wind is playing an increasingly important role in the UK’s energy sector, supplying close to 20% of the country’s electricity in 2025.

An offshore windfarm

Massachusetts Activates Vineyard Wind Contracts for Savings

The state of Massachusetts has put into effect its Vineyard Wind offtake agreements which are projected to reduce electricity costs for residents.

An offshore windfarm at sundown

US Buys Out Offshore Wind Projects in $900m Deals

The Trump administration has reached agreements with two more energy firms to exit their offshore wind projects, with nearly $900 million being paid out.

An offshore wind farm against a blue sky

Massachusetts Court Orders GE to Stay on Vineyard Wind Project

A Massachusetts judge has issued a preliminary injunction requiring GE Vernova to continue its involvement in the Vineyard Wind offshore project.

An offshore windfarm

UK Approves Outer Dowsing Offshore Wind Project

GTR4 Limited has received approval from UK authorities to proceed with the Outer Dowsing offshore wind farm off the coast of Lincolnshire.

An offshore windfarm at sundown

SLB OneSubsea Secures Gulf of Mexico Project Contract

SLB OneSubsea is selected by Beacon Offshore to supply a high-pressure, high-temperature multiphase boosting system in the Gulf of Mexico.

A map showing the Gulf of Mexico and the joining of North and South America

EU Approves €5bn Danish Offshore Wind Support Plan

The European Commission has given approval to a €5 billion ($5.7 billion) Danish support program aimed at expanding offshore wind capacity.

An offshore windfarm with a Danish flag in the foreground

US Plans $1bn Deal Over Cancelled Wind Leases

US government is reportedly working on settlement of nearly $1 billion to compensate TotalEnergies for cancellation of two offshore wind leases.

An offshore windfarm

Oil and Gas Prices Jump Amid Middle East Strikes

Energy markets climb sharply as Iran carries out strikes across the Middle East in response to military action by the US and Israel.

The flag of Iran

Philippines Opens 3.3GW Offshore Wind Auction

Philippine Department of Energy kicks off fifth round of Green Energy Auction with 3.3 gigawatts of fixed-bottom offshore wind capacity available.

An offshore windfarm