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US pays 2 more companies to walk away from offshore wind leases

Tuesday, April 28 2026

Wind Energy – Leases USA

The Trump administration announced two more payouts for energy companies to walk away from U.S. offshore wind projects under development.

[Read more…] about US pays 2 more companies to walk away from offshore wind leases

Filed Under: International projects, Lease Agreement, lease rights, lease sale, offshore wind, Trump, USA Tagged With: Bluepoint Wind, Golden State Wind, leases, payouts, Trump, USA

No takers for Trump’s oil and gas lease sale in Alaska

Friday, March 6 2026

Fossil Energy – Lease Sale Alaska

No companies bid for the chance to drill in more than 1 million acres of water off Alaska’s Cook Inlet, the Interior Department said earlier this week.

[Read more…] about No takers for Trump’s oil and gas lease sale in Alaska

Filed Under: Alaska, Bid round, International projects, lease rights, lease sale, Trump Tagged With: alaska, bids, embarrassment, fossil fuel fantasy, lease sale, sale of rights, Trump, USA

BOEM announces big beautiful Gulf 3 auction for August 2026

Friday, February 20 2026

General – USA

The US government is planning a new offshore oil and gas lease sale in the Gulf of Mexico for the third quarter of 2026.

[Read more…] about BOEM announces big beautiful Gulf 3 auction for August 2026

Filed Under: BOEM, Gulf of Mexico, International projects, lease sale, Trump Tagged With: BOEM, gulf of mexico, lease sale, Trump, USA

SBM signs agreement for FPSO Cidade de Paraty

Wednesday, April 9 2025

Fossil Energy – Sale and Leaseback

SBM Offshore signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of US$400 million and with a tenor of 8 years.

[Read more…] about SBM signs agreement for FPSO Cidade de Paraty

Filed Under: FPSO, International projects, lease sale, SBM Offshore Tagged With: FPSO, Leaseback, Sale, SBM

U.S. Offshore Wind adds 6.8 GW potential with Gulf of Maine auction

Wednesday, October 30 2024

Wind Energy – Gulf of Maine USA

Oceantic Network celebrates today’s successful conclusion of one of the Bureau of Ocean Energy Management’s (BOEM) largest offshore wind lease sales and the first in the Gulf of Maine.

[Read more…] about U.S. Offshore Wind adds 6.8 GW potential with Gulf of Maine auction

Filed Under: BOEM, International News, lease sale, Maine Tagged With: BOEM, lease sale, Maine

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