Latest News for: Leasing offshore


Businesses in Terrebonne and Lafourche face reality of no new federal offshore leases anytime soon

Houma Today 19 Apr 2021
Faced with no new offshore lease auctions for at least a year, some wonder how that might affect future activity in the ... Environmental activists questioned the strength of market demand for more federal oil and gas leases offshore because the vast majority are not producing oil.

Damen and Purus Marine team up to finance green shipping projects

Seatrade Maritime News 19 Apr 2021
The partnership, named DP Lease, aims to provide flexible and attractively priced long-term lease financing solutions for the purchase of environmentally advanced vessels, therefore supporting decarbonisation of the maritime industry ... NIBC and Damen extend lease partnership.

Louisiana businesses face reality of no new federal offshore leases anytime soon

The Advocate 18 Apr 2021
An auction of federal leases in ... Faced with no new offshore lease auctions for at least a year, some wonder how that might affect future activity in the Gulf, although companies do have a stockpile of leases from previous auctions that have not yet been drilled and could be used.

Shell looks to Gulf of Mexico for lower-carbon oil drilling; here's what it means for Louisiana

Daily Comet 16 Apr 2021
Despite corporate mandates to reduce carbon emissions, and a temporarily halt for new federal leases in the Gulf of Mexico, Royal Dutch Shell sees itself drilling for more oil off the coast of Louisiana and Texas ... Last year, Shell had stakes in 315 federal offshore leases in the U.S ... Shell secured 19 more federal offshore leases in November 2020.

Interior says it isn't immediately reinstating coal leasing moratorium despite revoking Trump order

The Hill 16 Apr 2021
Other orders revoked by Haaland on Friday aimed to speed up energy permitting and start developing a five-year offshore oil and gas leasing program ... administration opinion from January that would have required the department to hold at least two offshore drilling lease sales.

U.S. Interior Dept revokes Trump policies, puts climate at center of decisions

Yahoo Daily News 16 Apr 2021
In addition, the agency withdrew a legal opinion issued in the final week of Trump's presidency that said federal law requires the Interior Department to implement an offshore oil and gas leasing program that includes at least two sales every five years ... new federal leasing.

NJ pushes for smaller wind-energy area off Hamptons

Newsday 16 Apr 2021
A top New Jersey utility official on Friday took exception to the notion that the waters off the Hamptons should be off the table for an upcoming offshore wind farm lease sale, suggesting that federal regulators put more than 60,000 acres off Long Island back in play.

Fed's decision removes second-largest potential NY wind farm from consideration

Newsday 15 Apr 2021
The federal government’s decision to nix two wind-energy areas off the Hamptons from an upcoming offshore lease auction removes the second biggest wind-energy area in the region while putting a greater onus on projects that would be located just 23 miles from New Jersey.

Where We are Headed: Making the U.S. Poorer and OPEC+ Richer

National Review 15 Apr 2021
Instead, the Biden administration and its allies in Congress, together with climate-policy extremists, are searching for rationales to justify restrictions or bans on new lease sales on federal ... A Lot of Hot Air about Offshore Wind. The Cost of Biden’s Ban on Oil and Gas Leasing.

Feds nix Hamptons sites from offshore wind sale

Newsday 14 Apr 2021
The federal government has removed two contested offshore wind-energy areas off the Hamptons from its upcoming lease sale to waters off Long Island South Shore, citing conflicts with commercial fishing, shipping and lack of commercial viability.

U.S. appeals court affirms Arctic, Atlantic leasing bans

Offshore Energy Today 14 Apr 2021
A U.S. federal appeals court has confirmed bans on offshore oil leasing in most federal Arctic waters in the Atlantic which Trump attempted to open for development. The post U.S. appeals court.. ... .

Biden’s oil and gas ban harms the environment, economy | Letter

Lehigh Valley 13 Apr 2021
I am very worried about President Biden’s ban on new oil and gas leases ... Royalties collected on offshore oil and gas leases help fund critical environmental projects through the Land and Water Conservation Fund (LWCF) ... While banning oil and gas leases may seem environmentally ...

Opinion: Biden's plan good for Ohio's people, jobs and the environment

The Columbus Dispatch 13 Apr 2021
I grew up in a company town, a daughter of the fossil fuel industry. When business was booming, our air was harder to breathe ... More ... More ... This builds upon the administration’s commitment to pause new oil and natural gas leasing on public lands and offshore waters, as well as conserve at least 30 percent of our lands and waters by the year 2030.

Trade Associations Pen Letter Calling for Increased Port Spending

The Maritime Executive 12 Apr 2021
The Bureau of Ocean Energy Management (BOEM) has held 15 lease sales from Massachusetts to North Carolina for offshore wind development that already has brought $473 million to the U.S ... More competitive lease sales are currently being planned in the coming years offshore New York, ...

High stakes at sea in global rush for wind power

Taipei Times 12 Apr 2021
Governments worldwide are expected to offer a record number of tenders for offshore wind sites and capacity this year, with more than 30 gigawatts (GW) on the block ... Traditional offshore wind developers, Iberdrola, Orsted and SSE all said that they had been unsuccessful in the leasing round.