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Crown Estate Invests Heavily in Offshore Wind Supply Chain

OilPrice

King Charles III’s property firm is to invest up to £400m of fresh capital into the UK’s offshore wind supply chain, it has been announced. The Crown Estate has earmarked £350m for investment into the construction of a new port and supply chain infrastructure it said would support “accelerated delivery of UK offshore wind projects.”

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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. offshore production accounts for 14% of total U.S. According to the U.S.

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Norway’s Oil Fund to Buy Stakes in Offshore Wind for $1.5 Billion

OilPrice

trillion oil fund, will buy 49% in two offshore wind farm developments of RWE for a total of $1.5 billion euros), the funds manager, Norges Bank Investment Management, said on Monday. The worlds biggest sovereign wealth fund, Norways $1.8 billion (1.4 billion (2.87 billion euros), the Norwegian fund said.

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AI-powered WindSafe™ platform achieves first-of-its-kind deployment

Oil & Gas 360º

(World Oil) – This first-of-its-kind deployment signals a step change in how safety and operational assurance can be managed in offshore wind, with WindSafe introducing real-time visibility, predictive analytics, and intelligent automation to enhance performance and reduce risk at scale.

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Namibia considers incentives to expedite TotalEnergies’ offshore development

Oil & Gas 360º

(World Oil) – Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies, according to a special adviser in the presidency. TotalEnergies and Shell Plc in 2022 made the first in a series of finds off the coast of the southwest African nation.

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Perenco Invests in New Offshore Infrastructure in Congo

Rigzone

Natural Gas $3.98 +3.25% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Perenco Invests in New Offshore Infrastructure in Congo by Paul Anderson | Rigzone Staff | Tuesday, June 17, 2025 | 10:05 AM EST Perenco is building a new platform to recover approximately 7 million cubic feet of gas per day in the Kombi-Likalala-Libondo II permit area.

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Offshore Wind Area Detailed for Gulf of Maine; New York Project Delivering Power

POWER Magazine

Bureau of Ocean Energy Management (BOEM) has completed its designation of an offshore wind energy area in the Gulf of Maine. The BOEM, in a notice published in […] The post Offshore Wind Area Detailed for Gulf of Maine; New York Project Delivering Power appeared first on POWER Magazine.

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