Equinor

Trump Administration Suspends Five Major Offshore Wind Projects; Industry Expected to Suffer Unprecedented Setback

The Trump administration announced in December 2024 that construction work on five major U.S. offshore wind farms had been suspended due to national security concerns, impacting billions in investment projects totalling billions total with Dominion Energy already filing suit to resume work on its largest windfarm project - this unprecedented challenge to an emerging offshore wind sector was taken as the ultimate result of such actions taken against construction of five offshore wind farms totalling billions in investments total.

Balmoral Comtec Strengthens Renewables Presence with Key Partnerships and Facility Investments

Balmoral Comtec Ltd. of UK has expanded its position in offshore renewables with a strategic partnership agreement between themselves, LS Cable & System and LS Marine Solution to partner on floating wind projects including Equinor's Firefly initiative and floating wind projects by Equinor itself, among others. They also established a $1.3m wave simulation center and won major contracts from Orsted's Hornsea Three project - further reinforcing subsea cable protection technologies amid global energy transition.

Trump Administration Challenges Offshore Wind Permits Amid State Pushback and Construction Resumptions

In late November and early December 2025, the Trump administration announced plans to delay approvals of New England Wind projects off the coast of Massachusetts, creating a further cloud of uncertainty around the US offshore wind sector. New York retaliated by fast-tracking $300 million in port funding and Revolution Wind off Connecticut is back to work after a federal halt. However, in the U.S. this sector is now very much moving forward, though it faces potential delays for its most critical projects.

Drug Enforcement Agencies Seize Narco-Sub Semi-Submersible in North Atlantic Amid Increased Maritime Interdictions

A drug-smuggling semi-submersible the size of a school bus was caught in the North Atlantic in late November 2025. Another similar self-propelled semi-submersible was intercepted 1,000 nautical miles off Lisbon by Portuguese forces in a European Union-funded operation. Both operations highlighted the nadir near the end of 2025 for narco-submarines operating internationally.