Tuesday, January 15, 2019

Bureau Of Ocean Energy Management News

Shutdown Risks Delays to US Energy Initiatives

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The partial government shutdown is increasing the chances of delays in U.S. energy initiatives from the release of President Donald Trump's proposed offshore drilling plan to allowing higher levels of ethanol in gasoline during summer months, energy industry groups said on Friday.The U.S. Department of Interior had been…

Europeans Sweep Record US Offshore Wind Auction

(Image: BOEM)

A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc and Equinor ASA.The Bureau of Ocean Energy Management (BOEM) announced the sale's three winners - Equinor Wind US LLC…

U.S. Announces Major Offshore Wind Developments

Gulf Island Fabricators constructed offshore wind turbine  jackets for Deepwater Wind’s Block Island Wind Project off Rhode Island. BOEM Photo/Sid Falk

U.S. Secretary of the Interior Ryan Zinke announced three major developments in American offshore wind energy spanning from coast to coast.The Secretary spoke at the American Wind Energy Association’s Offshore Wind Conference and announced 1.) much-anticipated wind auction in federal waters off the coast of Massachusetts…

Smarter Energy Policy Will Broaden Offshore Recovery

For the past few years, depressed commodity prices, stricter regulatory requirements and competition from onshore development at home and from other countries offering attractive offshore lease and royalty terms have had severe impacts on new exploration in the U.S. Gulf of Mexico. Thankfully, the tide appears to finally be turning.In August…

California Offshore Wind Project Progresing

Photo: Aker Solutions

Northern California energy authority RCEA and a consortium of private companies, including Aker Solutions and Principle Power, have submitted a lease application to advance the first commercial scale project for floating offshore wind in the United States.The application for the offshore wind energy development off the…

Oil Companies Make Few Bids in US Offshore Lease Auction

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Oil companies bid on less than 1 percent of the parcels offered in a sweeping U.S. auction of Gulf of Mexico exploration leases on Wednesday, showing tepid interest in the region for the second time this year.Oil giant Exxon Mobil Corp was awarded 25 blocks, the largest of any company, followed by BP Plc with 19 high bids and Hess Corp and Equinor…

Bay State Wind Revises Turbine Layout

(Image: Bay State Wind)

Bay State Wind, an offshore wind joint venture between developer Ørsted and New England electric transmission company Eversource, announced a significant change to its proposed wind farm layout in response to feedback from fishermen and community members.The revised turbine layout pattern accommodates historical fishing patterns and helps to provide greater ease of fishing within…

Trump Effort to Lift U.S. Offshore Wind Sector Sparks Interest

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The Trump administration wants to fire up development of the U.S. offshore wind industry by streamlining permitting and carving out vast areas off the coast for leasing - part of its 'America First' policy to boost domestic energy production and jobs.The Europeans have taken note.The drive to open America's offshore wind industry has attracted Europe's biggest renewable energy companies…

EnBW, Trident Winds JV for Offshore Wind Project in California

Photo: Trident Winds Inc

EnBW Energie Baden-Württemberg AG is continuing its strategy of capturing growth in new international markets in the renewable energy sector. Following its recent entry into Taiwan, EnBW has now expanded its activities to the United States of America by establishing a regional subsidiary, EnBW North America, and forming a joint venture with Trident Winds Inc.

BSEE Approves Arctic Offshore Suspension Requests

Director Scott Angelle Photo BSEE

The Bureau of Safety and Environmental Enforcement (BSEE) approved suspensions of operations Tuesday in response to requests from the Arctic Slope Regional Corporation Exploration, LLC (AEX) related to AEX’s 20-lease Taktuk Unit, and one additional lease, in the Beaufort Sea. The leases, which are located in the Camden Bay area…

Fieldwood Hungry for US Offshore Output

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The Chief Executive of offshore oil and gas driller Fieldwood Energy LLC, Matt McCarroll, says he is not scared of the hurricanes, geological risks and costs that keep some oil companies out of the Gulf of Mexico. Instead, he is doubling down. The private equity-backed company - already the largest operator on the U.S.

Fred. Olsen Windcarrier, Seacor Team Up for US Offshore Wind Market

Photo: Fred. Olsen Windcarrier

Falcon Global, a subsidiary of Seacor Marine Holdings and Fred. Olsen Windcarrier  a wholly owned subsidiary of Bonheur ASA announced that they have reached a cooperation agreement whereby each party will exclusively contribute vessels and marine/installation crews to the market and operate a full spread of offshore wind installation and feeder vessels for the US offshore wind market.

BOEM to Review Offshore MA Wind Plans

Wind Development Area Image courtesy BOEM

In support of the President's America-First Offshore Energy Strategy, the Bureau of Ocean Energy Management (BOEM) today announced a Notice of Intent (NOI) to prepare an Environmental Impact Statement (EIS) for the Construction and Operations Plan (COP) submitted by Vineyard Wind LLC that would allow it to construct and operate an 800-megawatt (MW) wind energy facility offshore Massachusetts.

Record-size US Offshore Oil Lease Sale Draws Modest Bidding

© Mike Mareen / Adobe Stock

Oil and gas drillers bid modestly on Gulf of Mexico acreage in the largest lease sale in American history on Wednesday, dealing a setback to the Trump administration's efforts to rapidly pump up investment in the region. The Interior Department had offered up a record 77 million acres (31.2 million hectares) for development…

Trump Administration Seeks Swift Action on Alaska Oil Leases

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The Trump administration is seeking to sell leases in the Arctic National Wildlife Refuge as quickly as possible – drawing fire from opponents of drilling in the sensitive area, who are warning against a rushed process. A top Department of Interior official who traveled to Alaska last week promised an imminent start to the leasing process…

NOIA Comments Support Offshore Leasing Program

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he National Ocean Industries Association (NOIA) has submitted comments which strongly encourage the Secretary of the Interior to proceed with lease sale planning in all 25 planning areas proposed in the Draft Proposed Outer Continental Shelf Oil and Gas Leasing Program for 2019-2024 (DPP). Specifically, NOIA supports the…

U.S. Largest Offshore Oil & Gas Auction set for March

File Image (CREDIT: DNV GL)

The Trump administration on Friday said it would offer the largest oil and gas offshore auction in U.S. history on March 21 for areas in federal waters off the Gulf Coast, less than a year after a similar sale yielded little corporate interest. The Interior Department said it would offer 77.3 million acres (31.3 mln hectares) offshore Texas…

California to Ban Crude from Trump Offshore Drilling Plan

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California will block the transport of petroleum from new offshore oil rigs through its state, officials told Reuters, a move meant to hobble the Trump administration’s effort to vastly expand drilling in U.S. federal waters. California's threat to deny pipeline permits for transporting oil from new leases off the Pacific…

Op/Ed: DPP a Benchmark Toward US Energy Dominance

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National Ocean Industries Association (NOIA) president Randall Luthi comments on the U.S. Department of the Interior’s (DOI) 2019-2024 National Offshore Oil and Gas Leasing Draft Proposed Program, which seeks to open nearly all U.S. offshore waters to oil and gas drilling. With 94 percent of our nation’s outer continental…

US Sets Gulf of Mexico O&G Lease Auction for March

The U.S. Interior Department said it will hold its largest offshore auction to date, nearly 77 million acres, to energy companies in March 2018 to conduct oil and gas development. The proposed lease of offshore Texas, Louisiana, Mississippi, Alabama and Florida blocks continues U.S. President Donald J. Trump's efforts to encourage domestic energy production despite relatively low oil prices…