Bot Lease Co News


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…

US Advances Plans for Offshore Wind in Maine

Aug 19, 2022

The U.S. Department of the Interior announced next steps to bring offshore wind energy to the Gulf of Maine. The Bureau of Ocean Energy Management (BOEM) has made available a Request for Interest (RFI) and Request for Competitive Interest (RFCI) in the Federal Register for public comment…

US Court Vacates Decision to Block Federal Oil, Gas Leasing Pause

Aug 18, 2022

A U.S. appeals court on Wednesday vacated a lower court's decision to block the Biden administration's pause on new oil and gas leasing on federal land and waters - a key piece of the president's climate change strategy - and sent the case back to that court for further proceedings…

Nigerian Senate to Investigate Shell over Alleged Illegal Oil Lease Renewals

Jun 23, 2022

Nigeria's Senate said on Wednesday it will investigate oil company Shell Plc over alleged illegal extensions of oil exploration leases and is seeking a refund of $200 million which it said accrued over the period.The upper house of parliament…

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…

SSE, Marubeni, CIP Press Forward with Scotwind Project as Option Agreement Signed

Apr 11, 2022

SSE Renewables has, with its Scotwind lease sale partners Marubeni Corporation and Copenhagen Infrastructure Partners, signed the Option Agreement with Crown Estate Scotland.The Option Agreement signing follows the partnership's successful bid…

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…

U.S. Offshore Wind Bids Soar Past $3B. Lease Sale to Continue Friday

Feb 25, 2022

The Biden's administration's sale of offshore wind development rights off the coasts of New York and New Jersey surged past all expectations on Thursday to reach more than $3.3 billion, with bidding still not complete.The auction, which began on Wednesday and is due to resume on Friday morning…

Offshore Wind Development Moves Forward in the New York Bight

Feb 24, 2022

The New York Bight auction is made up of six leases containing an estimated 5.6 GW of bottom-fixed offshore wind capacity that can serve New York and New Jersey offshore wind requirements, amongst others. Till now, New York and New Jersey have secured a combined capacity of 8…

Floating Energy Allyance Secures Rights to Build 1GW Floating Wind Farm Off Scotland

Jan 17, 2022

The Floating Energy Allyance, comprising of BW Ideol, Elicio, and BayWa r.e. has secured the rights to develop a floating offshore wind farm with an approximate capacity of 1GW off the northeast coast of Scotland through Crown Estate Scotland’s ScotWind leasing round…

U.S. Interior Department Set to Release Federal Oil Leasing Review

Nov 26, 2021

The U.S. Interior Department will release a long-awaited report reviewing the environmental costs and economic benefits of the nation's federal oil and gas leasing program as early as Friday, two sources familiar with the matter told Reuters…

Complying with Court Order, U.S. to Hold Gulf of Mexico Oil and Gas Lease Sale in November

Sep 30, 2021

The U.S. Bureau of Ocean Energy Management (BOEM) will hold an oil and gas lease sale for the Gulf of Mexico on November 17, complying with a U.S. District Court order.To remind, the Biden administration had paused all oil and gas leasing activities on federal lands and waters in January…

Louisiana Allowed to Join Case Over Offshore Drilling Auction

Sep 24, 2021

A federal judge in Washington, D.C., is allowing Louisiana to intervene in a lawsuit challenging an upcoming drilling lease auction, giving the staunch proponent of the federal oil and gas leasing program another chance to defend it in court…

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