U.S. Halts Construction of Empire Wind Project in NY
U.S. Secretary of the Interior and chair of the National Energy Dominance Council orders immediate stop to all work on Equinor’s Empire Wind 1.
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HSM Wins Substation Contract for East Anglia Two Wind Farm
ScottishPower Renewables has awarded a key contract to HSM Offshore Energy for the East Anglia Two offshore wind project.
BP Chairman Helge Lund to Step Down by 2026
Helge Lund, chairman of UK energy giant BP, has announced plans to step down from his role with a transition expected to take place by 2026.
Judge Halts Gulf Lease Over Threat to Endangered Whale
Judge temporarily blocks offshore oil and gas lease sale in the Gulf of Mexico citing insufficient consideration for endangered Rice’s whale.
Norway’s Oil Fund Buys Stake in Major Offshore Wind Farms
Norges Bank Investment Management which manages the world’s largest sovereign wealth fund acquires 49% ownership stake in offshore wind projects.
US Offshore Wind Shift May Cause 26GW Global Gap by 2035
The recent shift in the United States’ offshore wind policy could lead to a global shortfall of 26 gigawatts in offshore wind installations by 2035
PNOC to Build Offshore Wind Port in Batangas by 2027
The Philippine National Oil Company has announced its intention to construct a new offshore wind integration port in the province of Batangas.
EPA Rescinds Permit for New Jersey Offshore Wind Project
The U.S. Environmental Protection Agency has withdrawn a permit for New Jersey’s first offshore wind farm, potentially halting the project.
U.S. LNG Producers Seek Higher Prices Amid Rising Costs
Several U.S. LNG producers are looking to renegotiate higher prices with buyers due to increasing construction, labor, and borrowing costs.
Canada Identifies Offshore Wind Farm Sites in Nova Scotia
Canada has selected five key areas off Nova Scotia for the development of offshore wind farms, aiming to produce 5GW of electricity by 2030.
Ocean Winds Secures License for 1,125MW Wind Farm in Korea
Ocean Winds, a venture between France’s Engie and Portugal’s EDP, receives electricity business license for its offshore wind farm in South Korea
BP Shifts Focus: More Oil & Gas, Less Renewables
UK-based energy titan BP reveals plans to reduce its spending on renewable energy, opting instead to boost investment in oil and gas production.
Balmoral Comtec Joins Equinor’s Firefly Floating Wind Project
Balmoral Comtec, a subsidiary of offshore energy supply chain company Balmoral, signs MoU with S. Korea-based LS Cable & System and LS Marine Solution
UK Delays Decision on Rampion 2 Offshore Wind Project
The United Kingdom government has postponed its decision on the proposed 1.2GW Rampion 2 offshore wind farm extension in the south of the country
New Jersey Cancels Offshore Wind Bid Amid Market Challenges
The New Jersey Board of Public Utilities (BPU) has decided to cancel its fourth offshore wind solicitation, citing significant market challenges.