Companies that once committed to investing in U.S. offshore wind infrastructure and supply chains are now scrapping their plans as the industry experiences significant challenges. These setbacks stem from project delays, soaring costs, and the potential loss of federal support under former President Donald Trump’s proposed policies.
The bipartisan, bicameral bill will fuel U.S. economy, strengthen national security by responding to China’s threat over the oceans. Currently, the number of U.S.-flagged vessels in international commerce is 80; China has 5,500.Today, Senator Mark Kelly (D-AZ), Senator Todd Young (R-IN), Representative John Garamendi (D-CA-8)
LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed to transport clean energy generated by offshore wind onto UK shores.While plans are at an early stage and still being finalized, total investment is expected to be approximately $1.
U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.Former President Joe Biden supported the offshore wind industry, setting a target for 30 gigawatts (GW) of projects by 2030, up from 42 megawatts at the end of 2023
At the urging of environmental groups, a U.S. judge threew out an assessment by a federal agency governing how endangered and threatened marine species should be protected from oil and gas drilling in the Gulf of Mexico.U.S. District Judge Deborah Boardman in Greenbelt, Maryland, ruled the U.S.
Greece's tourism jewel, Santorini, welcomed its first cruise ship of the year on Sunday after thousands of small earthquakes in February created a state of emergency, forced thousands to flee and had locals fearing the season would be lost.Millions of tourists flock to Santorini every year, squeezing along its whitewashed cobbled streets to view its famous cliff-top sunset.
Esgian highlights news from TotalEnergies in its Week 40 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesThe Norwegian Ocean Industry Authority (Havtil) has given Aker BP consent to use the 492-ft jackup Noble Invincible for production drilling on the Tambar Øst (East) field offshore Norway.
San Diego shipbuilder General Dynamics NASSCO on Saturday christened and launched the USNS Lucy Stone (T-AO 209), the fifth ship in the fleet oiler program for the U.S. Navy.Secretary of the Navy (SECNAV), Carlos Del Toro served as the principal speaker at the ceremony, with additional remarks from NASSCO president, Dave Carver, and other Navy representatives.