The BP Deepwater Horizon spill forced massive job losses and damage to ecosystems and wildlife and nearly put a Gulf boat ...

SBM Offshore announces that it has signed a US$1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks to refinance its existing US$1.0 billion RCF which was ...

Beijing lowered the yuan’s daily reference rate only slightly on Wednesday, despite the offshore yuan hitting a record low overnight, signalling China’s determination to stabilise its currency ...

The Trump Administration has revoked licenses for supermajors Shell and BP and their partners to operate natural gas projects offshore Venezuela that plan to send gas to Trinidad and Tobago ...

Established in 2021 through a strategic partnership between Sandbrook Capital and PSP Investments, Havfram was created to provide critical offshore wind installation capacity to the world's ...

SBM Offshore announces it has signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of US$400 million and with a tenor of 8 years. The ...

In November, Prime Minister Narendra Modi’s government announced the first-ever auction of offshore land parcels for mining. “We are pioneering offshore mineral auctions for the first time in ...

Along with beginning at-sea construction, Empire Wind developer Equinor is making progress on a South Brooklyn Marine Terminal facility that will support the offshore project. (Equinor) After eight ...

Initial engineering work for this green energy initiative began in the summer of 2024. Credit: Scottish Power Ltd. ScottishPower Renewables has awarded HSM Offshore Energy an engineering, procurement, ...

London: Australia's Macquarie has cancelled the sale of one of the world's largest offshore wind power developers, due to lack of interest, two people with knowledge of the process said, amid ...

With warmer months ahead, many of the whales will move on, and construction will begin again on offshore wind projects in the region. Here’s what local offshore wind developers do to reduce any ...