Latest News for: Leasing offshore


US floating offshore wind push faces supply chain and capital challenges

Upstream Online 03 Feb 2023
Offshore wind leases in the US are ramping up, with three out of seven auctions that were targeted by the end of next year already completed, but developing a ...

Brookfield Business Partners Reports 2022 Year End Results

Eagle-Tribune 03 Feb 2023
Results benefited from the contribution of recent acquisitions and increased performance at our nuclear technology services operation, partially offset by decreased contribution from offshore oil services ... Offshore Oil Services. In January our offshore oil services operation ...

Orsted CEO concerned by 'negative bidding' for German offshore wind

Reuters 01 Feb 2023
COPENHAGEN, Feb 1 (Reuters) - A new offshore wind tender that allows bidders to compete on their willingness to pay the German government rather than receiving subsidies could ultimately result in higher power prices, Orsted's (ORSTED.CO) CEO said on Wednesday ... win the lease.

Letters: Congress should follow business leadership on energy policy

The Advocate 01 Feb 2023
By supporting congressional Republicans’ work to pass legislation accelerating permitting for new exploration and production, finalizing the legally required five-year program for offshore leasing, and making it easier to build the energy infrastructure our nation badly needs, the Chamber has proven itself a key ally in this fight ... MIKE MONCLA ... .

Making America Energy Secure Again

Texas Border Business 31 Jan 2023
Mandates regularly timed onshore and offshore oil, gas, wind, solar, and geothermal lease sales;Expedites permitting and adds certainty to the scope of environmental reviews; and Reduces foreign dependence on critical minerals by expanding access and streamlining permitting.

Sen. Ted Cruz Introduces Three Bills to Accelerate US Energy Security

The Epoch Times 31 Jan 2023
The first sponsored bill is titled the Energy Freedom Act of 2023, which�is designed to accelerate the federal permit process ...

How California’s Ambitious New Climate Plan Could Help Speed Energy Transformation Around The World

TPM 31 Jan 2023
This article is part of TPM Cafe, TPM’s home for opinion and news analysis ... There is no third option ... The plan to get there includes offshore wind power, which will require new technology – floating wind turbines. The federal government in December 2022 leased the first Pacific sites for offshore wind farms, with plans to power over 1.5 million homes.

Amidst caution over large deals, Embassy REIT sees increased leasing activity

Business Line 30 Jan 2023
While there is increased caution in the office space rental market over large-sized deals, because of an ...

Offshore wind will need major investments in transmission, supply chain, reports say

The Dispatch 28 Jan 2023
Bureau of Ocean Energy Management, which leases federal waters for offshore wind, to consistently open new lease areas to encourage a steady stream of development and they note that states and utilities setting new offshore wind procurement targets will help provide “predictability and stability” for the fledgling industry.

GOP House Puts Big Oil's Revolving Door Into High Gear

Common Dreams 28 Jan 2023
Miller lobbied Congress on behalf of National Oceans Industry Association, a group representing the offshore oil and gas industry. Bel Miller advocated for polluting industry interests on numerous conservation issues, including the Endangered Species Act, National Environmental Policy Act, and offshore leasing.

This is how Pat Ryan, Marc Molinaro voted in Congress for the week ending Jan. 27

Daily Freeman 27 Jan 2023
26 defeated an amendment to prohibit leasing for oil and gas drilling offshore from Maine to New Jersey under the terms of HR 21 (above) ... 26 defeated an amendment to prohibit leasing for oil and gas drilling offshore from Northern California under the terms of HR 21 (above).

Offshore wind farms off Cape Cod and Martha's Vineyard: A guide of what to know

Cape Cod Times 27 Jan 2023
The offshore lease areas are in federal waters on the outer continental shelf south of Martha's Vineyard, southeast of Rhode Island's Narragansett Bay and west of Montauk Point on Long Island, New York ... This project is the second phase of New England Wind and will occupy the southwest portion of the company's offshore lease area.

Long Beach Seeks Offshore Wind Opportunities with Pier Wind Project

The Maritime Executive 27 Jan 2023
The proposed floating offshore wind ... The port aims to capitalize on the new offshore wind projects designed for the Pacific coast after the first California wind lease auction conducted by the Bureau of Ocean Energy Management in December last year that generated $750 million.

REVEALED: Big Oil’s Revolving Door In the MAGA Congress

Common Dreams 27 Jan 2023
From 2010 through 2014, Peele represented Hercules Offshore Inc, a gas company that caused a “massive blowout” and two day fire in the Gulf of Mexico ... Bel Miller advocated for polluting industry interests on numerous conservation issues, including the Endangered Species Act, National Environmental Policy Act, and offshore leasing.

House passes bill tying oil reserve sales to federal leasing

Roll Call 27 Jan 2023
House Energy and Commerce ranking member Frank Pallone Jr., D-N.J., said the bill amounts to nothing more than a limit on how the Energy Department can utilize the SPR until “Big Oil” receives more leases to drill on federal land ... Many of the amendments focused on offshore leasing.

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