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
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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The U.S. Environmental Protection Agency has withdrawn a permit for New Jersey’s first offshore wind farm, potentially halting the project.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.
Dolphin Drilling CEO Steps Down, Interim Successor Named
Bjørnar Iversen, the Chief Executive Officer of semisub rig operator Dolphin Drilling, has officially resigned from his position.
Taean Wind Power Secures Fixed-Price Contract in South Korea
Taean Wind Power has finalized a fixed-price offtake agreement for a major offshore wind project in South Korea.
BOEM Seeks Input on Offshore Wind Leasing Near Guam
The US Bureau of Ocean Energy Management issued a call for information and nominations regarding potential wind energy leasing off the coast of Guam.
Equinor Secures $3B Funding for Empire Wind 1 in the US
Norwegian energy leader Equinor has secured a $3 billion financing package to support its Empire Wind 1 project in the United States.
South Korea Awards 1.9GW of Offshore Wind Capacity in Auction
South Korea's Ministry of Trade, Industry and Energy has allocated nearly 1.9GW of offshore wind capacity via its latest offshore wind auction.