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Offshore Energy

Marine Insurance – Offshore Energy

  • BP removes crews from Gulf of Mexico platforms ahead of storm July 23, 2026
    Global oil company BP is following US-based Chevron in removing some personnel from several Gulf of Mexico platforms ahead of the approaching tropical storm Bertha. BP said that it evacuated some...
  • BP plans withdrawal from Japanese offshore wind project July 16, 2026
    Global oil major BP is continuing its (partial) pivot back to more traditional energy production by looking to withdraw from an offshore wind power project off the coast of Yamagata ....
  • Philippines suspends 3.3GW offshore wind auction July 16, 2026
    The Philippine Department of Energy (DOE) has suspended all activities under the fifth Green Energy Auction round, putting the bidding for incentives covering up to 3.3GW of fixed ....
  • Kuwait reports attack on offshore oil platform July 14, 2026
    A drone attack on an offshore drilling platform operated by the state-owned Kuwait Petroleum Company (KPC), near Shuwaikh Port, has been reported by the Kuwaiti Ministry of ....
  • Kieran Wilson joins ASR as Senior Energy Underwriter July 10, 2026
    Africa Specialty Risks (ASR) has appointed Kieran Wilson to the role of Senior Energy Underwriter. He will be based in London. Wilson will focus on expanding and underwriting ....
  • Insurers defeat Nord Stream pipeline sabotage insurance claim July 8, 2026
    Lloyd's Insurance Company and Arch Insurance (EU) has defeated a €570m insurance claim over the 2022 sabotage of the Nord Stream 1 pipeline after a London court ruled on Monday ....
  • California to challenge in court the recent Trump moves on offshore wind July 2, 2026
    California’s Attorney General Rob Bonta and the California Energy Commission filed a notice of intent on Tuesday June 23rd to challenge the Trump administration’s deal to cancel a ....
  • Trump expands offshore-wind buyout strategy June 19, 2026
    President Trump’s hatred of offshore wind as an energy source is well-known, but his various attempts to bring the system within Federal rather than State remit have often been thrown ....
  • France releases details for mega-scaled 11-project offshore wind tender June 17, 2026
    The French government is set to release the specifications for its next offshore wind tender, which will seek to develop 11 projects spanning France’s Atlantic and Mediterranean water ....
  • Norway puts offshore wind under review, but UK will put offshore wind lease up for re-bidding June 12, 2026
    The UK’s Crown Estate, which manages all of the country’s offshore assets, has announced that it plans to launch a new competitive bid for a lease in the Irish Sea. This comes just a ....

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