US Vineyard Wind Project Clears Key Hurdle
for offshore projects and welcomed Monday’s announcement.“A timely and effective permitting regime is a necessity in developing the generational energy and economic opportunity of offshore wind. With Interior’s announcement, we are closer to that reality,” said National Ocean Industries Association (NOIA) President Erik Milito.(Reporting by Valerie Volcovici; Editing by Marguerita Choy
Offshore Wind Could Bring In $1.7B to U.S. Treasury by 2022
a study released by the energy intelligence group Wood Mackenzie. Apart from the benefits to the Treasury, the offshore wind industry in the U.S. could create 80,000 jobs annually from 2025 to 2035.Commissioned by four energy industry groups, American Wind Energy Association (AWEA), National Ocean Industries Association (NOIA), New York Offshore Wind Alliance (NYOWA), and the Special Initiative on Offshore Wind (SIOW) at the University of Delaware, the study dives into the economic impact of offshore wind activities as a result of potential Bureau of Ocean Energy Management (BOEM) lease auctions
Vineyard Wind to Miss Startup Target Over Permit Delay
to the environmental review that will evaluate the projected cumulative impacts of several major offshore wind projects. The agency had previously expected to publish that supplement early this year.BOEM officials did not immediately respond to a request for comment on the timeline.The National Ocean Industries Association trade group said the delay was disappointing."Regulatory delays - especially of a new industry - could open the door to unexpected and unintended bottlenecks and holdups," NOIA President Erik Milito said in a statement.The U.S. currently has just one five-turbine offshore
NOIA Weighs in on The COASTAL Act
National Ocean Industries Association (NOIA) Vice President for Government and Political Affairs Tim Charters issued the following statement after the introduction of the Conservation of America’s Shoreline Terrain and Aquatic Life (COASTAL) Act:“It is vital that American offshore energy production promote equity for the states immediately adjacent to these offshore areas. By amending GOMESA and establishing a revenue sharing program for Alaska, the COASTAL Act will ensure that these states receive continued benefits from their participation in offshore energy production, while still
Trump Requests $200.5 Mln for BSEE, $193.4 for BOEM
, while providing for environmental stewardship,” said BOEM’s Acting Director Walter Cruickshank. “The FY 2020 budget request allows BOEM to continue its efforts to advance these goals as part of our statutory mission.”Randall Luthi, President of industry group National Ocean Industries Association (NOIA), said the proposed budget includes “some very positive signs for the offshore energy industry,” Luthi said some of the positive signs include increased or continued funding for the safe and responsible development of offshore oil, natural gas and wind, scientific
Record-size US Offshore Oil Lease Sale Draws Modest Bidding
imports could have on costs. William Turner, senior research analyst at Wood Mackenzie, said the sales statistics were "on par with the all-time lows that we saw last year," referring to a lease sale in 2017 that had yielded $121 million in winning bids. The National Ocean Industries Association, which represents offshore drillers, said it was "encouraged" by the results, but also added a note of caution. "The United States must continue to evaluate how to keep the Gulf of Mexico and other parts of the U.S. outer continental shelf attractive in light
NOIA Comments Support Offshore Leasing Program
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 annual offering of all acreage in the Central and Western Gulf of Mexico and the opening of the Eastern Gulf of Mexico as soon as the current moratorium expires, and recommends conducting lease sales early in the plan in the Beaufort and Chukchi Seas as well as in the Mid
US Senators from 12 States Seek Offshore Drilling Exemptions like Florida's
Alaska Governor Bill Walker are the only coastal state governors who support the expansion of offshore drilling, with many of the rest seeking exemptions in the wake of the Florida decision. Zinke's abrupt announcement on Florida also took industry groups by surprise. National Ocean Industries Association (NOIA) President Randall Luthi called the move "disappointing and premature" while American Petroleum Institute President Jack Gerard said it puts thousands of jobs at stake. Industry groups and companies told Reuters last week that the eastern Gulf of Mexico and
As US Opens Up Offshore Waters, Eastern GoM Beckons
oil development would interfere with extensive military testing and training exercises in the area. "The eastern Gulf of Mexico could be very attractive to industry because of the proximity to existing infrastructure in the central and western Gulf of Mexico," the National Ocean Industries Association, which represents the offshore oil and gas industry, said in a statement. "Investing in the eastern Gulf could yield results - new jobs, new oil and gas production and increased energy security - quicker than investing in other offshore
February 2024
