U.S. officials responding to economic uncertainty over high oil prices predicted on Sunday that the U.S.-Israeli war on Iran would end within weeks and that a drop in energy costs would follow, despite Iran's assertion that it remains "stable and strong" and ready to defend itself.U.S.
The Bureau of Ocean Energy Management announced a Proposed Notice of Sale for the third offshore oil and gas lease sale under the One Big Beautiful Bill Act. The proposed lease sale, known as Lease Sale Big Beautiful Gulf 3, or BBG3, is scheduled to take place on Aug. 12, 2026.This sale is the third of 30 Gulf of America oil and gas lease sales required by the One Big Beautiful Bill Act (Public
On October 28, 2025 U.S. Senator Dan Sullivan (R-Alaska), Chairman of the Senate Committee on Commerce, Science, and Transportation’s Subcommittee on Coast Guard, Maritime, and Fisheries, convened the Senate hearing “Sea Change: Reviving Commercial Shipbuilding”. This hearing examined how to modernize and accelerate U.S.
Whether you're in offshore wind, grid operations, geotechnical engineering, or digital transformation, this session, in conjunction with Offshore Engineer, will offer actionable insights, live demos, and expert opinions on:Why cable heat matters — from environmental impact to dynamic ratingHow to build better ground models using connected workflows and 3D subsurface dataHow thermal analysis
The Trump administration will hold an auction for drilling oil and gas off the U.S. Gulf next month and has proposed another in a waterway in southern Alaska, it said on Friday.The lease sale in the U.S. Gulf of Mexico, which President Donald Trump refers to as the Gulf of America, will make about 80 million acres available.
James Fisher and Sons and Aquaterra Energy have formed a strategic global partnership to provide integrated offshore decommissioning services, combining front-end engineering, well access, subsea operations and offshore execution under a single delivery model.The collaboration is designed to streamline well abandonment and offshore infrastructure removal projects by reducing contractor
ADNOC’s XRG has completed the acquisition of an additional equity interest in Trains 4 and 5 of the Rio Grande LNG project in Texas, increasing its participation across all five trains currently under construction at the liquefied natural gas (LNG) export facility.The transaction increases XRG's overall participation in the NextDecade-operated project through the acquisition of an additional 7.
A comprehensive suite of Furuno navigation and communication systems have been installed aboard Federal Hill, a new Baltimore Class high-speed pilot boat recently delivered to the Association of Maryland Pilots by Gladding-Hearn Shipbuilding.Designed for demanding harbor pilotage in all seasons, Federal Hill relies on Furuno’s NavNet TZtouchXL Multi Function Displays (MFDs) to support safe
As part of a broader effort to unleash American energy by encouraging oil and gas exploration and production on federal lands and waters, the Bureau of Ocean Energy Management today announced the Final Notice of Sale for the Cook Inlet Outer Continental Shelf Oil and Gas Lease Sale 1.
BP, Chevron and Shell were among the top bidders on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U.S. President Donald Trump's tax cut and spending bill, which he signed into law in July.
HII announced that Roger Kelly has been promoted to vice president of contracts and pricing at its Newport News Shipbuilding division. Kelly succeeds Matt Mulherin Jr., who has been appointed vice president of supply chain and strategic sourcing at NNS.Kelly will have overall responsibility for contracts, pricing, and export/import licensing and compliance for NNS.
Ørsted has signed a lease agreement for up to 100,000 square meters at the Port of Tyne, one of the UK’s major deep-sea ports, to support the development of its Hornsea 3 offshore wind farm.The site, located at Tyne Clean Energy Park in South Shields, will be fundamental to the construction and completion of the 2.