Sept. 2 (offshoreWIND.biz) California has notified the US Department of the Interior (DOI) and RWE of the intention to sue over the USD 1.22 billion (around EUR 1.05 billion) agreement to cancel three offshore wind leases, including one in federal waters off California. A separate 60-day pre-suit period is also running over the USD 111... Continue Reading →
Turkiye targets first offshore wind auction in early 2027
Aug. 17 (splash247.com) Turkiye is set to launch its first offshore wind tender in the first quarter of 2027, marking a starting point to install 5GW of offshore capacity by 2035 and diversify the country’s renewable energy mix. Energy and Natural Resources Minister Alparslan Bayraktar said that four zones have been identified for development –... Continue Reading →
Guyana and Suriname: Two paths from offshore discovery to first oil
Aug. 11 (oilnow.gy) Two major offshore oil stories have unfolded on opposite sides of the Guyana-Suriname Basin, but the distance between discovery and production has been very different. Guyana went from the Liza discovery in May 2015 to first oil in December 2019, less than five years later. Its first final investment decision (FID) came in... Continue Reading →
US Government Reaches USD 1.2 Billion Offshore Wind Exit Deal with RWE
Aug. 7 (offshoreWIND.biz) RWE and the US Department of the Interior (DOI) have reached a settlement agreement under which RWE will relinquish its offshore wind leases in the New York Bight and off the coasts of California and Louisiana in exchange for USD 1.22 billion (around EUR 1.06 billion) in settlement funds. The agreement resolves... Continue Reading →
NextFloat Floating Wind Pilot Clears Key Spanish Regulatory Hurdle
July 8 (OE) The PlemCat floating offshore wind test site in the Spanish Mediterranean has secured a favorable Environmental Impact Assessment (EIA), clearing a key regulatory hurdle for deployment of X1 Wind's 8.5 MW X100 platform under the NextFloat project. The approval was officially published in Spain's Boletín Oficial del Estado on July 8 and... Continue Reading →
California Preparing Lawsuit Against Trump Administration’s Deal that Cancels 2 GW Floating Wind Project
June 25 (offshoreWIND.biz) California has notified the US Department of the Interior (DOI) and Golden State Wind (GSW) of its intention to sue over the federal government’s agreement with the developer to terminate an offshore wind lease off the state’s Central Coast. In a Notice of Intent to Sue issued on 23 June, California Attorney... Continue Reading →
Petronas Makes New Gas Discovery Offshore Suriname
June 24 (Reuters) Malaysia's state-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a company executive said the block's eight discoveries contain more than 1 billion barrels of oil equivalent. Suriname is seeking to follow neighbouring Guyana's transformation... Continue Reading →
Trump Administration Strikes New Offshore Wind Lease Buyback Deal, Invenergy Agrees to Exit Four Projects
June 18 (offshoreWIND.biz) The US Department of the Interior (DOI) said on 17 June that it had reached an agreement with Invenergy under which the developer will relinquish four offshore wind leases in exchange for a USD 765 million (approximately EUR 664 million) reimbursement and redirect the capital into natural gas and geothermal energy projects.... Continue Reading →
Trump Administration Withdraws Appeal, Leaving Wind Energy Leasing and Permitting Freeze Vacated
June 17 (offshreWIND.biz) The Trump Administration has withdrawn its appeal of a federal court ruling that vacated the section of its January 2025 Presidential Wind Memorandum that halted federal leasing and permitting activities for onshore and offshore wind projects, leaving the court’s decision in place and the wind permitting and leasing freeze overturned. The US... Continue Reading →
US states sue Trump administration over deal to scrap offshore wind project
June 2 (Reuters) - Seven U.S. states led by New York sued the Trump administration and a French energy firm on Tuesday for canceling a major offshore wind lease off the coast of New York in exchange for a pledge by the company to invest instead in fossil fuel projects. The lawsuit in the Washington,... Continue Reading →