Bureau of Ocean Energy Management
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US GOM players have come out of the pandemic slowdown with new perspectives on spending and cycle times and are targeting finds that can utilize existing hardware instead of those that require new iron. -
The sale had 307 valid high bids worth more than $190 million.
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Unique partnerships forward both conventional renewables and new technologies to close the gap for a carbon-free future across the globe.
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The Bureau of Ocean Energy Management has released the Draft Environmental Impact Statement for the proposed Ocean Wind 1 wind energy project offshore New Jersey, opening a 45-day period for public comment.
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The US BOEM will hold its second offshore wind energy auction in May and promises more will follow.
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The industry group called the decision by the court “misguided” and said it will result in significant uncertainty for Gulf of Mexico producers
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A federal judge tossed out the results of Sale 257, held last November, because of what it said was the government’s underestimation of the potential effect on the environment.
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The auction was held as the result of a US district court order issued in June that overruled the Biden administration's attempt to suspend lease sales.
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Last year’s GOM auction received high bids on just 93 blocks. Higher oil prices could attract bidders back to the planned lease sale.
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The Biden administration has appealed a district court decision to restart oil and gas leasing programs in the US.
