Marine Insurance – Offshore Energy
- Norway offers $193m in state funding to back Arctic floating wind farm March 14, 2024A plan to build a floating offshore wind farm in Arctic waters has received state backing worth NOK2bn ($193m). The relatively small GoliatVind project would be situated in the Barents Sea and ....
- Nord Stream suing London market insurers for €400m-plus March 13, 2024Switzerland-based Nord Stream is suing insurers in the London market for more than €400m over the explosions in 2022 which ruptured the pipelines that had been built to transport Russian gas to ....
- Oil sheen reported near southern California platforms March 11, 2024A Unified Command has been established after an oil sheen was detected near oil platforms off Huntington Beach, southern California. Sector Los Angeles-Long Beach Command Centre received a ....
- Price Forbes adds to energy and renewables team March 8, 2024Price Forbes has appointed Dan Nicholls to its energy leadership team, and Ray Spreadbury as Head of Renewables. Nicholls joins after 11 years at Miller, including four as Head of Onshore .....
- New York awards awaited offshore wind contracts March 5, 2024New York last week awarded conditional contracts to buy electricity from two proposed offshore wind projects. Empire Wind 1 (Equinor) and Sunrise Wind (Orsted and US power provider Eversource) .....
- Germany publishes phase four of offshore wind programme March 5, 2024Germany’s Federal Maritime and Hydrographic Agency (BSH) has issued the fourth phase of its offshore wind programme WindSeeV. It has published the results of surveys for three new lease areas in ....
- Norwegian oil industry resumes helicopter flights after fatal accident on Wednesday March 4, 2024Norwegian oil companies on Friday March 1st resumed helicopter flights to offshore oil and gas fields following a deadly crash on February 28th off the country’s west coast Operator Equinor ....
- Diamond Offshore sees $24m-$27m revenue loss from drilling kit collapse February 29, 2024Texas-based, New Work-listed Diamond Offshore has said that it expected to lose more than $24m in revenues as a result of an incident on a BP Project West of Shetland, reports Energy ....
- US Govt report criticizes Dept of Interior’s “poor oversight” of offshore decommissioning February 28, 2024A report from the US Government Accountability Office (GAO) has accused the US Department of the Interior of a failure to enforce adequately the decommissioning of the elderly offshore oil and .....
- BOEM approves Equinor Empire Wind project February 28, 2024The US Bureau of Ocean Energy Management (BOEM) has approved the Construction and Operations Plan (COP) for Equinor’s Empire Wind project, marking another milestone in advancing the New .....