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Offshore Oil Experts Address Challenges, Opportunities Facing Industry

Oil & Gas
More private equity-back companies are joining the majors in regions such as the Gulf of Mexico and activity levels offshore are picking up globally, according to analysts.

Eastern States Unleash New Momentum For US Offshore Wind

Wind Energy
After years of delays, the U.S. offshore wind industry is picking up pace as states are pushing aggressive wind energy procurement goals. Massachusetts

Dutch seek metocean data for offshore duo

Wind Energy
Dutch enterprise agency RVO has launched a metocean data tender for two offshore wind farm development zones, the 700MW Hollandse Kust West and 700MW North of the Wadden Sea Islands.

Scorpio Group to install 100 hybrid-ready scrubbers for IMO 2020

Safety & Regulations
Scorpio Group will install 100 hybrid-ready scrubbers across its fleet of 56 bulkers and 109 tankers, favoring the larger vessels within each group, chief operating officer Cameron Mackey said.

S. Korea Becomes the Largest Importer of U.S. LNG

Business
South Korea has emerged as a major importer of U.S. energy resources amid the Donald Trump administration’s strong push for resource exports such as LNG.

US fines Petrobras $853m for corrupt payments

Business
Petrobras agreed with US and Brazilian authorities to pay $853.2 million in penalties to resolve the US government’s investigation into violations of the FCPA in connection with Petrobras

ClassNK Warns of BWTS Bottleneck in 2022

Safety & Regulations
Class society ClassNK is urging shipowners to begin the process of installing ballast water treatment systems on their existing vessels soon.

BSEE Modifies Offshore Well Safety Equipment Rules

Safety & Regulations
In a decision published Friday, the Trump administration's Bureau of Safety and Environmental Enforcement announced that it is eliminating certain offshore safety regulations

After Eight Years, Royal Navy Welcomes Back Carrier-Based Jets

Navy
Fast fighter jets are once again flying from a Royal Navy aircraft carrier as the first F-35s have landed on the flight deck of HMS Queen Elizabeth.

Innogy cuts Galloper ribbon

Wind Energy
Innogy has officially opened its 353MW Galloper wind farm 27km off Suffolk in England.

Carnegie buoyed by Oz wave payment

Tidal Energy
The state government of Western Australia (WA) has approved a reduced first milestone payment to Carnegie Clean Energy as part of an A$16m grant for the Albany wave project.

China’s Nexen plans Gulf of Mexico exit

Oil & Gas
Nexen Petroleum, a unit of China’s CNOOC Ltd., plans to divest its stake in the Gulf of Mexico as trade tensions between the US and China mount, according to a Reuters report.
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