Equinor has struck oil and gas near the Fram field in the North Sea. The discovery is estimated at between 13 and 28 million barrels of oil equivalent.
Woodside Energy has passed a major milestone for its operated Trion Development offshore Mexico with the start of steel fabrication for the semi-submersible floating production unit (FPU).
Pier Wind would allow for the staging, storage and assembly of some of the world's largest offshore wind turbines, standing as tall as the Eiffel Tower.
ABB's hybrid-electric propulsion system chosen for the new ocean sampling catamaran for the Orange County Sanitation District (OC San) in Southern California
Trump’s previous comments criticizing offshore wind have dented market sentiment, with shares of companies such as Orsted, the largest offshore wind developer, falling significantly.