Petroleum Supply Monthly (PSM) data for November 2025 are scheduled for release on Friday, February 6, 2026.
The U.S. Census Bureau will release trade data (both imports and exports) for November 2025 on Thursday, January 29, 2026. As a result, we will delay release of PSM data for November 2025 from the original scheduled release date of January 30, 2026, until Friday, February 6, 2026. The delayed PSM release will allow us time to incorporate export data for November 2025.
Happy New Year! 2026 is sure to be another exciting year in the offshore energy world! Thanks for joining the parade!
While the blog deals primarily with US events and issues, international viewers are greatly appreciated. According to WordPress, the blog was viewed in over 100 countries in 2025. In terms of viewership, the top 10 after the US were (in descending order) the UK, Canada, Germany, Australia, China, the Netherlands, Singapore, Norway, India, and Italy. Thanks for stopping by!
Energy drives prosperity and the opportunity for social and environmental progress. The late Petr Beckmann, an electrical engineering professor at the University of Colorado and a prominent nuclear energy advocate, reminded us:
BOE is an independent, unsponsored, ad-free blog that is dedicated to offshore safety, pollution prevention, energy production, effective regulation, and responsible energy policy.
On my favorite holiday, I’m sending best wishes to BOE readers of all persuasions. Offshore energy issues can be divisive, even among friends, and I’m grateful for the opportunity to share information and opinions.
My wife and I will be spending Thanksgiving with my daughter’s family including our 6 grandchildren, none of whom have expressed interest in being offshore safety regulators (no higher calling 😉).
Belated holiday wishes to our friends in Canada where Thanksgiving is celebrated in October, and cheers to those living where a similar fall holiday is observed.
The press release and full program are linked. It looks like the most recent leaks were accurate. See the maps below with the locations and dates. This will stir the pot!
26 June 2025 – Festive inauguration: A festive ceremony is held in the Port of Amsterdam by Oceans of Energy to celebrate the successful assembly of the world’s first commercial offshore solar farm “Nymphaea Aurora”. The solar farm is 18.5 kilometers off the Dutch coast near Egmond aan Zee, and consists of 1,400 photovoltaic panels mounted on 196 flotation segments. It is larger than a football field with the expectation to scale up.
9 August 2025 – First fire: Soon after installation at sea Nymphaea Aurora is on fire.
5 September 2025 – Second fire: A second fire breaks out in Nymphaea Aurora. The Dutch Coast Guard extinguishes the fire. Both fires were caused by overheating due to strong solar radiation and faulty panel connectors. The developer calls it a kind of technical childhood disease that is typical for new technology. (Seriously?☹)
fire observed from shore; the solar farm is co-located with an existing wind farm
19 September 2025 – Debris from solar farm starts washing up on the beaches
burnt panel that washed up on beach
20 September 2025: Debris is found all over the beaches of Egmond, Bergen and Schoorl, varying from 20 to 30 cm sized pieces to tiny polystyrene foam fragments. Parts of Nymphaea Aurora wash up on Texel, an island further north on the Dutch coast (photo below).
4 October2025: Storm batters the Netherlands with wind speeds between 75 and 90 kilometers per hour hitting Noord-Holland. No news about Nymphaea Aurora.
7 November 2025: No news from the developer, Oceans of Energy, since since 27th June 2025 and no updates on LinekdIn since 21 September 2025. It has been very quiet from ‘The company that brought Offshore Solar in high waves from a (perceived) impossibility to a reality.’ It is probably no longer at sea.
In light of the fantastic Middle East news, planning for the redevelopment of Gaza is underway. The Gaza Marine Gas Field should be a high priority given the power generation and revenue potential.
The field, which was discovered in 1999 by British Gas (now part of Shell), is located approximately 30-36 km off the coast of Gaza in the eastern Mediterranean and has estimated natural gas reserves of ~ 1 Tcf.
Who should be licensed to develop the field? In June 2023, there was a proposed agreement between the Palestinian Authority and an Egyptian consortium led by state-owned Egyptian Natural Gas Holding Company (EGAS). A resurrection of this arrangement may align with Palestinian interests. EGAS has experience in Mediterranean gas projects including the giant Zohr field (see map below).
Other candidates for developing the Gaza Marine field (pure speculation):
Chevron would be a logical choice given their extensive eastern Mediterranean experience as a result of their acquisition of Noble Energy. However, there might be concerns about undue US and Israeli control of this important resource.
Regional giants like Saudi Aramco, Qatar Energy, and Abu Dhabi National Oil Company (ADNOC) would be good candidates.
Another interesting possibility might be Equinor, which is 2/3 owned by the Norwegian govt. Equinor seems to sometimes make socially desirable investments that are less profitable.
Some combination of the above companies might also be a possibility. In any event, it’s critical to manage this resource in a manner that best benefits the recovery effort.
Bud's Offshore Energy (BOE) 