news Offshore gCaptain
The Trump administration has struck a $928 million deal with TotalEnergies to abandon two major U.S. offshore wind leases and redirect the capital into LNG and oil and gas development, marking a decisive shift in strategy after federal courts blocked efforts to halt projects on national security grounds.
OCS-A Carolina Long Bay New York Bight United States Rio Grande East Coast Sunrise Wind Vineyard Wind Empire Wind Revolution Wind From Offshore Wind Patrick Pouyann Interior Department Texas Judges
Trump Administration Reimburses TotalEnergies $928M to Scrap Offshore Wind Leases, Pivot to LNG
gCaptain
Read full article at gCaptain →
Opens gCaptain in a new tab