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Any offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.
A massive offshore wind project set to be built off the New Jersey coast will be abandoned after its developer had a key Environmental Protection Agency (EPA) permit pulled in March, according to ...
The Trump administration reversed course last week and allowed a $5 billion offshore wind project to proceed, but the industry still faces a difficult political environment.
A court decision has forced Sable Offshore Corp. to delay controversial plans to restart offshore oil operations along Santa Barbara County's coastline.
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