Latest News for: Leasing offshore

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ExxonMobil inks largest US offshore carbon capture lease

Splash24/7 11 Oct 2024
Energy supermajor ExxonMobil has signed a lease for the US’s largest offshore CO2 storage lease with Texas regulators ... Offshore acreage provides much-needed storage space for CO2 emissions with ...
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Roque's wife snubs House hearing, cited for contempt

The Manila Times 11 Oct 2024
Roque, a former Pag-IBIG Fund trustee, was implicated in a lease deal concerning Chinese involved with an illegal Philippine offshore gaming operator (POGO) in Bamban, Tarlac ... "To these people and to those still in hiding, like Atty ... ....
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Dare to apply for FEMA grant to pay for purchase, demolition of threatened Rodanthe houses

Island Free Press 11 Oct 2024
Rodanthe on Sept. 20, 2024, after a home collapse ... 24 ... The National Park Service purchased two threatened homes and demolished them last November, using funds acquired by the Department of Interior from offshore oil and gas drilling leases ... 24 collapse ... .
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Exxon Secures Over 271,000 Acres in Texas Waters for Offshore CO2 Capture

MarineLink 10 Oct 2024
ExxonMobil said on Thursday it has acquired state leases for over 271,000 acres in Texas state waters for an offshore carbon dioxide (CO2) capture operation ... The company did not disclose the duration or financial terms of the lease.
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ExxonMobil Signs Largest U.S. Lease for Offshore Carbon Storage

The Maritime Executive 10 Oct 2024
Exxon already operates the largest CO2 pipeline network in the United States, and it also holds 69 offshore lease blocks in federal waters for CO2 sequestration.
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Partnership to Design Next-Generation SOV for Floating Offshore Wind Ops

The Maritime Executive 10 Oct 2024
A new industry collaboration is being launched by North Star, Vard, and others to solve the challenge of delivering high-performance operations and maintenance ships tailored for floating offshore wind farms.
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Texas Land Commissioner secures largest carbon sequestration lease in US

Odessa American 10 Oct 2024
Dawn Buckingham announced Thursday a signed agreement between the Texas General Land Office (GLO) and ExxonMobil to lease approximately 271,068 acres of submerged state land located offshore in Jefferson, Chambers, and Galveston Counties.
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Exxonmobil Secures Largest Offshore CO2 Storage Lease In U.S.

MENA FN 10 Oct 2024
(MENAFN - Trend News Agency) BAKU, Azerbaijan, October 10. Exxon Mobil Corporation has announced the execution of the largest offshore carbon dioxide (CO2) storage lease in the United States, ... .
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Exxon signs largest US offshore carbon storage lease for multistate carbon dioxide network

Business Journal 10 Oct 2024
Exxon's carbon storage lease, only the third of its kind in the country, is located offshore Jefferson, Chambers and Galveston counties ... .
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Exxon Mobil hits all-time highs but still has more upside—here’s why

Invezz 10 Oct 2024
Its strong balance sheet makes it one of the safest investments in the energy sector ... Boost from securing the largest CO2 offshore site. The company has announced today that it just completed the largest offshore CO2 storage lease in the United States.
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We hopped on a boat to see what Maine’s offshore wind future could look like

Bangor Daily News 09 Oct 2024
The trip comes on the heels of the federal government’s lease to Maine of the nation’s first floating offshore wind research array ... fleet, and whale migration routes from newer draft lease area maps.
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Anchoring America’s Energy Future: The Vital Role of Offshore Energy

MarineLink 08 Oct 2024
offshore energy sector stands resilient ... 2024 marks the first year since 1958 without an offshore oil and gas lease sale in the Gulf. Only three lease sales are scheduled over the next five years ... offshore wind industry forward.
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US looks to resurrect more nuclear reactors, White House adviser says

Voa News 08 Oct 2024
The administration shelved offshore wind lease sales this year in both Oregon and the Gulf of Mexico due to low demand from companies, as high costs, equipment issues and supply chain challenges hit other projects.
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DOE, DENR ink deal to streamline offshore wind projects

Manila Bulletin 06 Oct 2024
The Department of Energy (DOE) and the Department of Natural Resources (DENR) have partnered to speed up the exploration, utilization, and development of offshore wind projects.
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Offshore wind project process streamlined

The Manila Times 06 Oct 2024
Under the present system, renewable energy projects need various compliance documents from the DENR such as those for foreshore lease, forest land use, and miscellaneous lease agreements, before exploration and development can proceed.

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