Lease Sale News

 

Second Offshore Wind Sale Proposed for Gulf of Mexico

Mar 21, 2024

The U.S. Department of the Interior has unveiled proposal for a second offshore wind energy auction in the Gulf of Mexico, which would cover four areas offshore Louisiana and Texas.Totaling 410,060 acres, the next Gulf of Mexico offshore wind auction would have the potential to secured clean power for 1.2 million homes.  With the new proposed sale, the Bureau of Ocean Energy Management (BOEM) is seeking feedback on various aspects of the proposed lease areas…

US Sets Date for Gulf of Mexico Lease Sale After Court Order

Oct 05, 2023

The Biden administration on Thursday said it would hold an auction of oil and gas leases in the Gulf of Mexico on Nov. 8 following a court order to expand the sale.In a statement, the U.S. Bureau of Ocean Energy Management said the sale would offer about 72…

Biden Angers All Sides with Scaled Back Offshore Oil Drilling Plan

Oct 02, 2023

The Biden administration's plan to slash offshore oil and gas leasing drew fire from both the fossil fuel industry and environmentalists on Friday, with energy companies saying it will raise fuel prices and greens saying it undermines efforts to stop global warming…

Biden's Five-year Offshore Oil Plan to Have Historically Few Lease Sales

Sep 28, 2023

The Biden administration's five-year plan for offshore oil and gas leasing will not include any sales in 2024 and will feature the lowest number of auctions in the history of the program in the four years to follow, according to three sources familiar with the matter…

BOEM Postpones Oil and Gas Lease Sale 261

Sep 27, 2023

The U.S. Interior Department's Bureau of Ocean Energy Management (BOEM) said on Tuesday it will postpone its next sale of oil leases in the Gulf of Mexico.The agency said it will not hold Lease Sale 261 on September 27, 2023, as originally planned as a result of last week's ruling by the U…

US to Complete Offshore Wind Auctions on Schedule in 2024, Department of Interior Says

Sep 26, 2023

The Biden administration will complete its ambitious offshore wind leasing schedule on time next year, the Interior Department told Reuters, despite delays to preparatory work for the auctions and sagging demand from the industry.President Joe…

Oil Companies Sue Over Lease Changes Made to Protect Whales

Aug 24, 2023

An oil and gas industry trade group, the state of Louisiana and Chevron on Thursday sued the Biden administration over its decision to withdraw acreage from an upcoming oil and gas lease sale in the Gulf of Mexico to protect an endangered whale…

BOEM Completes Environmental Review of Gulf of Mexico Wind Lease Areas

May 30, 2023

The United States' Bureau of Ocean Energy Management (BOEM) on Tuesday issued a final environmental assessment (EA) on potential impacts from offshore wind leasing on the U.S. Outer Continental Shelf in the Gulf of Mexico, marking another step…

U.S. Gulf of Mexico Oil and Gas Lease Sale Set for March

Feb 24, 2023

The U.S. Bureau of Ocean Energy Management (BOEM) said Friday that it would hold an oil and gas lease sale in the Gulf of Mexico in March 2023.The Gulf of Mexico Oil and Gas Lease Sale 259 will offer approximately 13,600 blocks on 73.3 million acres in the Western…

U.S. Gov't Proposes First-ever Offshore Wind Lease Sale in Gulf of Mexico

Feb 22, 2023

The U.S. administration on Wednesday proposed the first-ever offshore wind lease sale in the Gulf of Mexico, as part of the government's plan to spur offshore wind deployment beyond the East Coast.The proposed sale is part of the leasing path announced…

NOIA: U.S. Gov't Move Against Offshore Oil & Gas Lease Sales 'Devastating to Americans'

May 13, 2022

Erik Milito, president of the U.S. National Ocean Industries Association, said this week that the U.S. government's decision not to hold offshore oil and gas lease sales in the Gulf of Mexico and Alaska’s Cook Inlet was expected, but also 'devastating to Americans…

U.S. Scraps Three Offshore Oil and Gas Lease Sales

May 13, 2022

The Biden administration on Wednesday said it would scrap three planned sales of offshore oil and gas leases in Alaska and the Gulf of Mexico.In a statement, the Department of Interior said it was not moving forward with an auction for drilling…

NOIA Welcomes U.S. Offshore Wind Plans for Oregon and Central Atlantic. Warns of Looming Lease Sale Ban

Apr 29, 2022

U.S. National Ocean Industries Association has welcomed this week's news that the U.S. government is looking to open more areas - off Oregon and in the Central Atlantic - for offshore wind development, but has also called for a 'legislative…

U.S. to Hold Offshore Wind Lease Sale for Two Areas in the Carolinas

Mar 25, 2022

The U.S. will hold a wind energy auction for two lease areas offshore the Carolinas on May 11, the U.S. Department of the Interior said Friday, as the Bureau of Ocean Energy Management (BOEM) has completed its environmental review.The lease areas cover 110…

OpEd: Time To Shine for US Offshore Wind

Mar 01, 2022

It is clear only a few weeks into 2022 that this year can be a watershed moment for American offshore wind. The Department of the Interior has positioned 2022 to be a record year in terms of offshore wind lease offerings and project greenlights…

Current News

ABL Gets Neptun Deep Job for OMV Petrom in Black Sea

ABL Gets Neptun Deep Job for O

Petrobras and China’s CNCEC to Collaborate on Oil and Gas, Renewables

Petrobras and China’s CNCEC to

Norway Clears TGS and PGS Merger

Norway Clears TGS and PGS Merg

Full Capacity Operations at Tyra II Gas Development Up for Potential Delays

Full Capacity Operations at Ty

Subscribe for OE Digital E‑News

Offshore Engineer Magazine