Latest News for: Leasing offshore


Crown gives go ahead to rival ‘net zero carbon’ North Sea schemes

The Observer 24 Oct 2021
The crown estate will earn millions of pounds after agreeing to lease an area off the Yorkshire coast to the latest phase of the giant Hornsea offshore windfarm, as well as to a scheme led by BP which plans to begin storing carbon dioxide under the seabed ... new offshore windfarms.

My Turn: When we drill, we spill

The Recorder 24 Oct 2021
But we can and must learn from those experiences by ending offshore drilling and repowering our nation with clean renewable energy resources ... They must also end offshore leasing for oil drilling everywhere else and embrace tax credits in the Build Back Better Act.

Groups want US to suspend oil leases off California coast

Santa Monica Daily Press 21 Oct 2021
A group of environmental organizations demanded Wednesday that the Biden administration suspend and cancel oil and gas leases in federal waters off the California coast after a recent crude oil spill ... “The Biden administration needs to bring the hammer down on offshore drilling in California’s federal waters.”.

Hyde-Smith Seeks Administration Support For Energy Revenue Sharing For Gulf Coast States

Greenwood Commonwealth 21 Oct 2021
Energy Subcommittee Receives Testimony on Bipartisan Bill to Amend GOMESA, Create Offshore Wind Revenue Sharing ... The RISEE Act would amend current law, which now requires 100 percent of all revenues generated from offshore wind leases and production beyond state waters be deposited in the U.S.

California’s coast finds itself in peril again, end offshore oil drilling

Orange County Register 20 Oct 2021
The Build Back Better Act, which is currently making its way through Congress, includes provisions that would permanently end new leasing for offshore drilling in the Pacific Ocean, invest significant resources into a clean energy future, and ensure career transitions from the fossil fuel industry into green energy.

Data shows ship crossed over oil pipeline that ruptured

Santa Monica Daily Press 20 Oct 2021
The accident just a few miles offshore sent about 25,000 ... Katie Porter, D-Calif., said the spill should provide support for President Joe Biden’s proposed budget that would ban new offshore oil and gas leases in the Atlantic and Pacific oceans and the eastern Gulf of Mexico.

Falck Renewables to be acquired by investment fund

Renewables Now 20 Oct 2021
Italian company Falck SpA today announced a deal to sell its entire stake of about 60% in Falck Renewables SpA (BIT.FKR) to the Infrastructure Investments Fund (IIF), an investment vehicle advised by JP Morgan Investment Management ... The two bid alongside Ørsted A/S (CPH.ORSTED) in the ScotWind offshore wind leasing round ....

Editorial: Wind turbines off SC coast? Biden initiative creates pressure to up our game

The Post and Courier 19 Oct 2021
In the past, we have joined coastal mayors, the environmental community and others in voicing strong opposition toward any federal offshore leases for oil and gas drilling, but wind power is a different story and could be a welcome addition ... on new offshore leases for wind farms.

Biden calls for a big expansion of offshore wind – here's how officials decide where ...

SCNOW Morning News 19 Oct 2021
(THE CONVERSATION) The Biden administration has announced ambitious plans to scale up leasing for offshore wind energy projects along the Atlantic, Gulf and Pacific coasts ... Over the past decade, it has executed more than 20 leases and grants for offshore wind development along the Atlantic coast, from Maine to Florida.

Ban on new offshore drilling must stay in the Build Back Better Act

The Hill 19 Oct 2021
Estimates suggest that tens of thousands of gallons of oil have spilled from an offshore pipeline, and it has spread across the coasts of three counties ... new offshore drilling ... Congress has a crucial opportunity to end new offshore oil and gas leasing in the Build Back Better Act.

Portugal's EDP to invest GBP 13bn in UK renewables by 2030

Renewables Now 19 Oct 2021
EDP expects commissioning of Moray East, Scotland's largest offshore wind farm, to take place in April 2022 ... Ocean Winds is also awaiting the result of ScotWind, the offshore leasing round in Scottish waters, where it has submitted bids for up to 9 GW of capacity across projects with both fixed and floating foundations.

EDPR plans to invest $17.7bn in the UK energy sector by 2030

Power Technology 19 Oct 2021
This will be in addition to the £2.65bn invested in the Moray East and Moray West offshore wind projects by Ocean Winds, a joint venture between EDPR and Engie ... Ocean Winds is also awaiting the results of the ScotWind offshore leasing round, in which bids were submitted for developing both fixed and floating projects.

Ship’s anchor may have damaged undersea oil pipeline, caused the Huntington oil spill

Business Line 19 Oct 2021
I've seen the same exact thing happen here.”Biden ban on new leases. Rep Katie Porter, D-Calif., said the spill should provide support for President Joe Biden’s proposed budget that would ban new offshore oil and gas leases in the Atlantic and Pacific oceans and the eastern Gulf of Mexico ... Why is it so hard to clean up an offshore oil spill?.

MOPU providers hoping to impress Mubadala in Thailand

Upstream Online 19 Oct 2021
Suppliers of leased mobile offshore production units are ...