Commissions do not affect our editors' opinions or evaluations. Many people hear the words “offshore banking” and think of tax evasion or other illegal activity. But there are perfectly legal ...

Saudi oil and gas drilling contractor ADES Holding has secured a $21.8 million drilling contract with Brittania-U for its Admarine 504 jack-up drilling rig, marking its first entry to the Nigerian ...

Floater specialist BW Offshore has been awarded a contract for the pre-FEED study of the Bay du Nord FPSO by Norwegian oil major Equinor. Andreas Sohmen-Pao’s company said in a social media post ...

President Trump paused an offshore wind project aimed at fighting climate change. Reporter Sabrina Shankman explains why and the fallout to political reporter James Pindell. (Photo by David L.

Offshore wind farms release significant amounts of metals like aluminum, zinc, and indium into the ocean due to corrosion-protection systems, posing risks to ecosystems, seafood safety, and human ...

Just hours after his inauguration on Monday, President Donald Trump signed an executive order halting new federal leases for offshore wind projects. He cited, as one reason, the impact offshore ...

An Italian company has abandoned plans to build a factory in Somerset that would have supplied undersea cables to American offshore wind farms. The proposed factory would have created between 200 ...

ALGIERS, Jan 22 (Reuters) - Algeria’s National Development Hydrocarbon Agency (ALNAFT) signed a deal on Wednesday with U.S. Chevron for offshore cooperation, the energy ministry said in a statement.

Trump backed up his pledge to throw up barriers to offshore wind power by immediately withdrawing "from disposition for wind energy leasing all areas within the Offshore Continental Shelf." ...

The executive order he signed Monday temporarily halts offshore wind energy lease sales in federal waters and pauses approvals, permits and loans for both offshore and onshore wind. During the ...

One of Donald Trump’s first acts as president was issuing an executive order that could kill the nascent offshore wind industry in the United States. Trump’s order, signed Monday, halted ...