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North Carolina Governor Roy Cooper has issued an executive order calling for the development of 2.8 GW of offshore wind power by 2030, and 8 GW by 2040. Governor Cooper’s executive order builds on a 2018 order to transition the state to clean energy and a 2021 report highlighting how North Carolina could capture economic benefits from the estimated $100 billion U.S. offshore wind market if it took steps to embrace the industry. With today’s announcement, U.S. states commitments to offshore wind power generation total 40 GW, stretching from the Carolinas to the Gulf of Maine.

America’s marine economy contributed about $397 billion to the nation’s gross domestic product in 2019 and grew faster than the nation’s economy as a whole, according to the most current results of the first official Marine Economy Satellite Account released today by two Department of Commerce agencies.

Secure transfer of work crews to carry out installation of offshore wind turbines is a critical factor that is driving high demand for Vestdavit’s docking-head davits as investments in this sector are set to take off over the coming years.

Talos Energy Inc. has formed an exclusive joint venture with Storegga Geotechnologies Limited ("Storegga" and collectively, the "Partners") to source, evaluate and develop carbon capture and storage ("CCS") project opportunities on the United States Gulf Coast and Gulf of Mexico ("GOM"), including state and federal waters offshore Texas, Louisiana, Mississippi and Alabama. The Partners are actively exploring opportunities with counterparties along the CCS value chain.

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