Latest News for: Leasing offshore


Mayflower submits bids for up to 1.2 GW in Massachusetts offshore wind round

Renewables Now 27 Sep 2021
Mayflower Wind Energy LLC last week said it has submitted multiple bids in Massachusetts’ third offshore wind ... It is developing an offshore wind lease area that could host over 2,000 MW and was awarded 804 MW under Massachusetts’ second offshore wind solicitation.

Why we shouldn’t abandon asset monetisation plan

Indian Express 27 Sep 2021
Oil and gas pipelines would similarly be leased to private players as would seaports and airports ... Critics also raise the valid point that leased assets would not be properly maintained ... Government undertakings like ONGC routinely lease their offshore vessels (OSVs) for operation and management to outsiders.

New tool maps birds, fish in offshore wind areas

Gloucester Times 25 Sep 2021
The tool allows a user to look at the several offshore wind lease areas south of Martha's Vineyard and Nantucket ... The lease area hosts fewer species of forage fish relative to the rest of the ocean in that region and, like the Vineyard Wind lease area, sees "far more" species of birds than other areas offshore, according to the TNC tool.

COVER STORY | By and for Colorado, Civilian Climate Corps enjoys federal support

Colorado Politics 25 Sep 2021
That's what it means to me." ... Gov ... Part of the money in the 10-year plan would mean changes for energy gas development by increasing royalty rates and ending noncompetitive leasing for energy and mineral development, charging fees on offshore pipelines and idled wells, and eliminating royalty breaks forcing companies pay for annual inspection costs.

New York City unveils USD-191m offshore wind vision

Renewables Now 24 Sep 2021
New York City is committing to invest USD 191 million (EUR 163m) over 15 years to become an offshore wind leader ... Under it, the City aims to develop sites and infrastructure that will support the construction and operation of 12 GW of offshore wind, leveraging its location close to planned offshore wind lease areas on the East Coast.

Tenant selection to be launched for New Jersey Wind Port

Renewables Now 24 Sep 2021
... Port, which will be serving offshore wind projects in New Jersey and up and down the East Coast ... Earlier this month a groundbreaking ceremony was held for the port and the NJEDA also signed a 78-year lease with the landowner, PSEG.

California gov signs into law offshore wind bill

Renewables Now 24 Sep 2021
By June 2022, the commission also has to establish megawatt offshore wind planning goals for 2030 and 2045 ... In late May, US federal authorities announced the advancement of two lease areas for offshore wind development off the coast of California that could host up to 4.6 GW of capacity.

Louisiana gets judge's OK to join case over oil drilling auctions

Reuters 24 Sep 2021
NEW YORK (Reuters) - A federal judge in Washington, D.C., is allowing Louisiana to intervene in a lawsuit challenging an upcoming drilling lease auction, giving the staunch proponent of the federal oil and gas leasing program another chance to defend it in court ... Louisiana is a major hub for offshore oil and gas production.

New tool offered by Nature Conservancy maps birds, fish in offshore wind areas

The Patriot Ledger 23 Sep 2021
offshore wind pipeline grew by 24 percent with more than 35,000 megawatts now in various stages of development, the U.S. Department of Energy said in its latest offshore wind market report ... The tool allows a user to look at the several offshore wind lease areas south of Martha's Vineyard and Nantucket.

SBM Offshore secures $635m bridge loan for Brazil’s largest FPSO

Splash24/7 23 Sep 2021
Dutch floater specialist SBM Offshore has secured a $635 million bridge loan facility for the financing of the construction of the ... SBM Offshore sealed a deal with Brazil’s Petrobras for the lease and operation of FPSO Almirante Tamandaré in July.

Feds 'dragging their heels kicking and screaming' on Montana oil, gas leases

The Wilson Post 23 Sep 2021
(The Center Square) – The Biden administration is delaying lease sales of federal lands for oil and gas exploration even after a court order, the head of the Western Energy Alliance said ... Department of the Interior to pause new oil and natural gas leasing on public lands and offshore waters ... But they aren’t holding lease sales.

'A perfect location': Baker, officials tout offshore wind workforce at New Bedford terminal

The Herald News 23 Sep 2021
Baker said one of the "most important" things for onshore support of offshore wind is proximity, noting New Bedford and Fall River have geographic proximity to the lease areas ... The schools will work together to offer academic and workforce development programs for the offshore wind industry and its supply chain, Douglas said.

2 of world’s largest oil companies want to build offshore wind farm near Morro Bay

The Tribune San Luis Obispo 23 Sep 2021
Two of the world’s largest oil and gas companies, along with several other energy companies, have expressed interest in pursuing a lease to develop an offshore wind energy farm off ... .

CIP and Avangrid Renewables agree to restructure joint venture

Power Technology 22 Sep 2021
CIP will become the sole owner of the OCS-A 522 lease area, which can hold up to 2.5GW of offshore wind capacity ... Under the terms of the deal, CIP will become the sole owner of the federal lease area OCS-A 522, which can accommodate up to 2.5GW of offshore wind power.

Iberdrola and CIP swap US offshore wind assets

Splash24/7 22 Sep 2021
Following the restructuring, CIP will become the 100% owner of lease area OCS-A 522, which can accommodate up to 2,500 MW of offshore wind power, and Avangrid Renewables will become the 100% owner of ...

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