Strong NW winds are behind the front over the NW Gulf, with gale force N winds . OCS Report BOEM 2022-022- U.S. National Weather Service. The Gulf is the nations primary offshore source of oil and gas, generating about 97% of all oil and gas production on the U.S. The Biden administration said Wednesday it is considering the first-ever lease sale for offshore wind energy in the Gulf of Mexico, a key part of a push to deploy 30 . These cookies will be stored in your browser only with your consent. The attack in April was part of a stunning surge of piracy in the southern Gulf of Mexico, a threat that prompted an American government security alert on Wednesday. ENR NATURAL DISASTERS PREP & RECOVERY SPOTLIGHT. Defense Daily subscriber and registered users, please log in here to access the content. In addition, California and Louisiana are joining Atlantic Coast governors and the Biden administration in the Federal-State Offshore Wind Implementation Partnership, it was announced. The fossil-fuel industry has both fought against the spread of wind power and has placed selective investments in the technology. IHS Markit. 8:15 a.m. National and Gulf-wide Sand Inventory Initiatives and Cooperative Agreements. The Gulf continues to be the nation's primary offshore source of oil and gas, generating about 97% of all U.S. OCS oil and gas production. Elizabeth Klein, director of the BOEM, in a statement said her group is committed to ensuring any offshore wind activities are done in a manner that avoids or minimizes potential impacts to the ocean and ocean users. The Proposed Sale Notice issued Wednesday initiates a 60-day public comment period for the lease sale. National Oceanic and Atmospheric Administration Wed,02/22/23-2:05PM, 313 Reads. The Gulf Coast, which has been home to numerous offshore oil and gas wells, could . Wednesdays announcement of a lease sale in the Gulf comes after earlier announcements of lease sales of the U.S. East and West coasts. statistic alerts) please log in with your personal account. "At the Department, we are taking action to jumpstart our offshore wind industry and harness American innovation to deliver reliable, affordable power to homes and businesses.". The proposed lease areas total nearly 302,000 acres. Feedback The plan would mainly limit drilling to the Gulf of Mexico, with one proposed lease sale in waters off Alaska. BP and Shell remain committed to the regioneven as theyshift investment away fromoil and gas to meetnet-zero ambitions. The, The Biden administration announced a goal of installing as much as 15 GW of floating offshore wind energy, Available on demand until February 16, 2024. We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market. By visiting this website, certain cookies have already been set, which you may delete and block. On April 5, 2022, changes to the Tropical Analysis and Forecast Branch (TAFB) offshore marine zones were made. That report, made public this week, said that . They will join Murphy Oil Corp.sKing Quay, a behemoth that started producing oil in April, also off the Louisiana coast. Do You Expect the Infrastructure Acts Funding to Impact Your Firm? It is the longest-running oil spill in U.S. history. The first sites will be off the coasts of Texas and Louisiana. This does not reflect the number of rigs actually working at any given time as some contracted rigs may be moving between locations, undergoing maintenance, waiting on weather, etc. On April 5, 2022, changes to the Tropical Analysis and Forecast Branch (TAFB) offshore marine zones were made. Washington, D.C. 20240 The US administration has proposed the first-ever offshore wind lease sale in the Gulf of Mexico. February 22, 2023 at 11:14 p.m. EST. block. National Oceanic and Atmospheric Administration. Best States is an interactive platform developed by U.S. News for ranking the 50 U.S. states, alongside news analysis and daily reporting. This page is also available in a text version. Environment California State Director Laura Deehan in an statement to POWER said, California is poised to go big on offshore wind and todays announcement brings us closer to a future where we put our powerful coastal winds to work cutting pollution from homes, cars and industry and reaching our goal of 100% clean energy.. You only have access to basic statistics. The strike involves Unites ByKari Lundgren and Christian Wienberg (Bloomberg) Norways Equinor ASA agreed to buy Suncor Energy UK Ltd. for $850 million, adding to its oil and gas production in the North Get the latest gCaptain articles and breaking news, For general inquiries and to contact us, please email: [emailprotected], To submit a story idea or contact our editors, please email: [emailprotected]. The BOEM has proposed lease sales in two designated wind energy areas, or WEAs, off Louisiana and Texas. The Biden administration on Wednesday announced the government's first-ever offshore "wind lease sale" in the Gulf of Mexico, which will give companies a chance to bid on areas of the Gulf Coast to produce wind energy and contribute to America's "clean energy transition.". A lease sale for the New York Bight region off the East Coast, held in February of last year, pulled in $4.37 billion. The Biden administration set a goal of deploying 30 gigawatts of offshore wind by 2030 using traditional technology that secures wind turbines to the ocean floor, enough to power 10 million homes. This PDF is the current document as it appeared on Public Inspection on 02/23/2023 at 8:45 am. The Biden administration said Wednesday, Feb. 22, 2023, it is considering the first-ever lease sale for offshore wind energy in the Gulf of Mexico, a key part of a push to deploy 30 gigawatts of . The result will be industry-wide innovations making offshore wind development more efficient and less expensive while maintaining strong safety and environmental protections and leading to substantial export opportunities for American businesses. Phone: 202-208-6474BOEM Public Affairs. For example, Interior said it will take into account Bidens executive order on "Advancing Racial Equity and Support for Underserved Communities Through the Federal Government" as it conducts its wind lease auctions. Copyright 2023. Offshore wind contracts increased 36% last year, the majority of which went to U.S. firms, according to the report. This material may not be published, broadcast, rewritten or redistributed. Contracts for offshore wind development rose 36% over the past year, with most of those contracts going to U.S.-based project developers. The main dynamical feature of the Gulf of Mexico is the Loop Current, which is a portion, upstream of the Gulf Stream, of the North Atlantic western boundary current that carries ocean waters from the Tropics towards the high latitudes. The U.S. has trailed Europe and other areas in the development of offshore wind; a major project off the Iberian Peninsula was announced earlier this week. The Evergreen State takes the top spot again in the U.S. News Best States ranking on the strength of its tech sector and other industries. [Online]. US Dept of Commerce The current loops around the Gulf, flows southeastward into the Florida Strait where it serves as a parent to the Florida current and ultimately joins the Gulf Stream. Significant Sediment Resource Area Update - Jessica . Visit a quote page and your recently viewed tickers will be displayed here. The types of data collected by the buoys include current direction and speed, wind direction and speed, wave height and period, atmospheric pressure, air temperature and water temperature. The 2004 Taylor Energy oil spill is an ongoing spill located in the Gulf of Mexico, around 11 miles (18 km) off the coast of the U.S. state of Louisiana.It is the result of the destruction of a Taylor Energy oil platform during Hurricane Ivan in 2004. Meanwhile, in February 2022, a lease sale in the New York Bight pulled in an unprecedented $4.37 billion. Marine Forecasts Opt in to send and receive text messages from President Biden. Its part of the administrations broader goal of reducing U.S. carbon emissions by at least 50% by the end of the decade. I think it has a future, but its not as bright as it once was, said James West, an analyst at Evercore ISI. I would be hard-pressed to say that offshoreis on the decline because we keep improving our technology, including our seismic imaging, said Starlee Sykes, the senior vice president overseeing the Gulf of Mexico for BP Americas. This website requires certain cookies to work and uses other cookies to help you have the best experience. By clicking Accept, you consent to the use of ALL the cookies. The first auction for leases off the Pacific Coast, held in December of last year, brought in more than $757 million. Radiofax Charts Mississippi Sound. The proposed sale is part of the leasing path announced by Secretary Haaland in 2021 to meet the Biden-Harris administration's goal to deploy 30 gigawatts (GW) of offshore wind energy capacity by . These actions, which include proposing the first-ever Gulf of Mexico offshore wind lease sale, are advancing President Bidens clean energy and economic agenda to revitalize American manufacturing and harness American innovation to deliver reliable, affordable power to homes and businesses, while saving families money and strengthening energy security.Todays actionsalongside investments from President Bidens Inflation Reduction Act and Bipartisan Infrastructure Lawwill spur offshore wind deployment beyond the East Coast, boost American leadership on floating offshore wind technologies, and create good-paying jobs for workers throughout the nation, by: President Biden has taken decisive action to jumpstart the American offshore wind industry, ushering in billions of dollars in investments since he took officeincluding $9.8 billion in new investments in 2022 alone, more than triple the previous year. +8.80% The Gulf of Mexico is a semi-enclosed basin connected, to the south, to the Caribbean Sea, and to the North Atlantic Ocean to the east. Email: [emailprotected] Phone: +1.805.704.2536. U.S. proposes three offshore wind areas in Gulf of Mexico U.S. federal authorities have set out three lease areas for offshore wind development off the coast of Louisiana and Texas in the first auction in the Gulf of Mexico. 1600 Pennsylvania Ave NW Since the start of the current . All rights reserved. This category only includes cookies that ensures basic functionalities and security features of the website. The Bureau of Ocean Energy Management (BOEM) is pushing forward with offshore wind energy environmental assessments (EA) for, The U.S. government has announced the first-ever sale of offshore wind development rights off the California coast. Offshore wind turbines in the Gulf of Mexico may create adverse impacts to that system. But even with oil at $100 a barrel, a big comeback is unlikely. Other Marine Forecasts from the NWS. of the Interior, through its Bureau of Ocean Energy Management (BOEM), said it would open more than 300,000 acres in the Gulf, an area that long has been a major part of U.S. exploration for crude oil and natural gas. API argues that the oil and gas industry needs time in advance to scout sites and search for energy reserves in the Gulf and elsewhere, that Bidens slowdown in offshore lease sales for oil and gas is creating massive uncertainty in the industry and potential energy supply problems down the road. FILE - The five turbines of America's first offshore wind farm, owned by the Danish company, Orsted, are seen from a tour boat off the coast of Block Island, R.I., Oct. 17, 2022. To use individual functions (e.g., mark statistics as favourites, set National Data Buoy Center. Offshore projects cost billions and rarely come online in less than a decade. News & Technology for the Global Energy Industry. We use cookies on our website to give you the most relevant experience. The Interior Department will open over 300,000 acres in the Gulf, long dominated by fossil-fuel drilling CL00, +1.41% via offshore rig. Im 66, we have more than $2 million, I just want to golf can I retire? Stay informed daily on the latest news and advice on COVID-19 from the editors at U.S. News & World Report. Get full access to all features within our Business Solutions. National Weather Service Well Permits Statistics. The Gulf of Mexico announcement comes on the heels of the 2023 U.S. Offshore Wind Market Report, produced by the Business Network for Offshore Wind. See here for details. The Biden administration said Wednesday it is considering the first-ever lease sale for offshore wind energy in the Gulf of Mexico, a key part of a push to deploy 30 gigawatts of offshore wind by 2030 to help fight climate change. The Biden administration has a goal of building at least 30 GW of offshore wind power generation capacity by 2030. You need a Statista Account for unlimited access. Get Mexico City's weather and area codes, time zone and DST. The Biden administration said Wednesday, Feb. 22, 2023, it is considering the first-ever lease sale for offshore wind energy in the Gulf of Mexico, a key part of a push to deploy 30 gigawatts of offshore wind by 2030 to help fight climate change. BIZ Magazine. Read: Biden pushing wind power off New York and New Jersey in record lease offering. Hayes Framme, the head of new markets and supply chain for rsted, applauded the proposed sale and said the company is assessing these new opportunities. Todays announcement comes after years of engagement with Tribes, other government agencies, ocean users and stakeholders, and this proposed sale notice provides another opportunity for them to weigh in on potential offshore wind leasing in the Gulf of Mexico, said Klein. On February 23, 2023, the United States Court of Appeals for the Fifth Circuit set aside the final rule implementing the Southeast For-Hire Integrated Electronic Reporting Program (SEFHIER) in the Gulf of Mexico (Gulf). These funds are distributed to the U.S. Treasury and several different programs through various revenue sharing laws. By closing this message or continuing to use our site, you agree to the use of cookies. The Biden administration said Wednesday it is considering the first-ever lease sale for offshore wind energy in the Gulf of Mexico, a key part of a push to deploy . At the Department, we are taking action to jump-start our offshore wind industry and harness American innovation to deliver reliable, affordable power to homes and businesses, Interior Secretary Deb Haaland said in a statement. But as sure as the annual "Lenten Winds," offshore wind in the Gulf of Mexico (GOM) and the West Coast is coming, with the first GOM lease sale (from among 11 BOEM-designated wind lease areas [11]) tentatively scheduled for early 2023. Stennis Space Center, MS 39529. A wind farm in the Gulf would be close to towns and cities that need a lot of power, including Houston, and diversifying sources of electricity could relieve congestion on the grid, she added. But its reinvented itself more times than people thought.. Several projects already are being developed along the East Coast, home to the nations first-ever wind power development, the Block Island project off the coast of Rhode Island. The Business Network has identified $17 billion in new investments driven by offshore wind activity in the United States since 2014. Identify opportunities for continued Gulf of Mexico (GOM) SMWG activities. The Biden administration isn't on track to set a schedule for new offshore lease sales by June 30, when the current five-year program expires, and federal budget documents show the White House . help you have the best experience while on the site. "A lapse in the federal offshore leasing program could jeopardize American energy security, cost thousands of jobs, and risk billions in lost federal, state and local revenues, according toanalysisprepared by Energy and Industrial Advisory Partners," API Senior Vice President for Communications Megan Bloomgren wrote this month.
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