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Offshore Wind Growth Drives Revenue for OEG Energy Group

OilPrice

A UK energy services giant returned to profit and created hundreds of jobs in the year before being acquired in a deal which valued it at more than $1bn (£737m). OEG Energy Group, which is headquartered in Aberdeen, has reported a pre-tax profit of $4.4m The results come after US investment group Apollo agreed to buy OEG Energy

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U.S. Dept. of Interior urged to fully leverage offshore energy resources

Oil & Gas 360º

(World Oil) – The American Petroleum Institute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf as a secure source of affordable, reliable energy.

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RWE Ditches U.S. Offshore Wind, and That Should Scare Everyone

OilPrice

offshore wind business. For one of Europes biggest green energy giants to walk away from a market as large as the U.S., in the middle of an energy transition no less, is not just a business decision. Germany's RWE just pulled the plug on its U.S.

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UK More Than Doubles Clean Energy Scheme for Offshore Wind

OilPrice

The UK is more than doubling the funding for a so-called Clean Industry Bonus to support offshore wind projects, just as the worlds biggest offshore wind project developer, Orsted, pulled the plug on a major UK plan due to worsened economics.

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The UK Is Doubling Down on Wind Energy

OilPrice

is already a world leader in wind energy, having rapidly expanded both its onshore and offshore wind capacity over the last decade. hopes to expand its wind power sector even further through the massive expansion of the Rampion offshore wind farm. Now, under the new Labour government, the U.K. In 2023, 46.4

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Mingyang Says 20-MW Offshore Wind Turbine Installed in South China Sea

POWER Magazine

China’s Mingyang Smart Energy said it has completed installation of the company’s MySE18.X-20MW

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Talos Energy announces enhanced corporate strategy

Oil & Gas 360º

(Oil & Gas 360) – HOUSTON , June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company.