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NOIA: Don’t Freeze US Opportunity with Arctic Regulations

National Ocean Industries Association (NOIA) President Randall Luthi issued a statement in response to the Obama Administration’s proposed Arctic Regulations on offshore oil and gas production,

A Call for Multi-State Collaboration on Offshore Wind

After nearly fifteen years the Cape Wind Project wind farm off the coast of Cape Cod was dealt a sharp blow this past January when National Grid and Northeast Utilities terminated their agreements. The news that Cape Wind might never be built highlights a stark conclusion: U.S. offshore wind policy isn’t working. read more

ABB Wins $100 Million Danish Subsea Cable Order For Offshore Wind Farm

ABB has won an order to build a cable system that will integrate the Kriegers Flak offshore wind farm off the coast of Denmark to the national mainland grid, an order worth over $100 million. Based in Zurch and a self-proclaimed “leader...Show More Summary

Somebody bet a suspicious amount of money on the length of the Super Bowl national anthem — and the sportsbook thinks there's a conspiracy

We have a Super Bowl national anthem prop bet conspiracy on our hands. The offshore betting website Sportsbook.ag has stopped taking bets on the length of "The Star-Spangled Banner" after there was a suspicious amount of money bet on it lasting longer than two minutes and 22 seconds. Show More Summary

NOIA: Draft Offshore Lease Program Both Hits and Misses

National Ocean Industries Association (NOIA) President Randall Luthi issued a statement on the 2017-2022 Draft Proposed OCS Oil and Gas Leasing Program, stating the U.

NTSB Report: 2013 Allision and Sinking of the OSV ‘Celeste Ann’ in Gulf of Mexico

The U.S. National Transportation Safety Board has released its Marine Accident Brief into the causes of the June 2013 sinking of the offshore supply vessel Celeste Ann after it struck [...] The post NTSB Report: 2013 Allision and Sinking of the OSV ‘Celeste Ann’ in Gulf of Mexico appeared first on gCaptain Maritime & Offshore News.

German Offshore Wind Energy Flies Past 1 GW Mark

By the time New Year’s Day ticked over in Germany, the country had 258 offshore wind turbines feeding power into the national grid, with a total capacity of 1,049.2 MW. According to the figures released Thursday, 142 of the turbinesShow More Summary

Tax Roundup, 1/15/15: Taxpayer Advocate rips offshore account enforcement, recommends fixes to Congress.

Accounting Today Readers, here is the post on the 2015 Iowa legislative session outlook.   Still shooting jaywalkers. National Taxpayer Advocate Nina […]

National Taxpayer Advocate Slams IRS Offshore Programs & FBAR Penalties, Demands Change

IRS 'amnesty' for offshore accounts, FBAR and FATCA violations needs fixing, demands the Taxpayer Advocate. But will the IRS and Congress listen?

IRS Unleashes Global FATCA Data Exchange, Offshore Transparency Everywhere

FATCA is America's global tax reporting law that calls for nations everywhere to report U.S. account holders. Better get compliant, and soon.

Cape Wind Loses Power Contracts, Becomes Victim of Class Warfare

Nearly a decade and a half after it was first proposed, America's first commercial offshore wind project, Cape Wind, could be on its last legs. Recently, National Grid and NSTAR, companies that agreed to buy electricity from Cape Wind, said they were scrapping their power purchase agreements with the developer. read more

Good News for the Arctic: Chevron Scraps Plans for Offshore Oil Exploration

A polar bear in the Arctic. (Photo: Outward_bound / Oceana) Earlier this month, Chevron announced it was withdrawing plans for offshore oil exploration in the Canadian Arctic’s Beaufort Sea in a letter to Canada's National Energy Board. The oil corporation cited "economic uncertainty in the industry,” as a reason for their decision, according to Reuters. read more

Vatican Bank Joins 100 Nations In FATCA Offshore Account Hunt

FATCA now counts over 100 nations, with even the Pope's Holy See jumping on the IRS offshore tax compliance bandwagon.

Nigeria Parliament Says Shell Should Pay $4 Billion for 2011 Bonga Oil Spill

3 months agoVehicles / Watercraft : gCaptain

Nigeria's National Assembly said on Wednesday oil major Shell should pay $3.96 billion for a 2011 spill at its offshore Bonga oilfield in the latest assessment of damage to the environment. The post Nigeria Parliament Says Shell Should Pay $4 Billion for 2011 Bonga Oil Spill appeared first on gCaptain Maritime & Offshore News.

Study: US Offshore Holds Huge Untapped Potential

New studies show huge economic and energy potential of untapped offshore areas Two new studies released today by the National Ocean Industries Association (NOIA)

CNOOC Gas and Power Executive Under Orobe for Suspected Graft

4 months agoVehicles / Watercraft : gCaptain

A senior official of China National Offshore Oil Company (CNOOC) is under investigation suspected of having received bribes... The post CNOOC Gas and Power Executive Under Orobe for Suspected Graft appeared first on gCaptain Maritime & Offshore News.

Denmark Will Stop Using Coal by 2025

4 months agoGenres / Sci Fi : io9

Denmark is already one of the greenest countries in the world, thanks to its offshore wind farms, and now its climate minister has made a dramatic promise. The nation will stop burning coal for energy in ten years. Read more...

51 Nations Swap Offshore Account & Tax Data, FATCA On Steriods

FATCA is Revolutionizing tax compliance Worldwide. Now, the OECD has assembled 51 Nations that are All on the Hunt for tax and Offshore Account Data.

TODAY’S STUDY: WHERE U.S. OFFSHORE WIND WILL CONNECT

The National Offshore Wind Energy Grid Interconnection Study (NOWEGIS) September 2014 (U.S. Department of Energy) click to enlarge click to enlarge click to enlarge click to enlarge Tweet !function(d,s,id){var js,fjs=d.getElementsByShow More Summary

The U.S. is about to sell weapons to Vietnam. That's bad news for China.

One morning last June, the people of Vietnam woke up to someone else's oil rig in their backyard. The 30,000-ton Haiyang Shiyou-981, owned by the China National Offshore Oil Corporation, was parked 70 miles inside waters controlled by Vietnam. Show More Summary

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