BOEM

News & Analysis as of

Environmental Groups Sue Federal Agencies Again in Unending Legal Battle Over Offshore Oil Development

On November 11, 2016, the Environmental Defense Center (“EDC”) and Santa Barbara Channelkeeper jointly filed suit against several federal agencies including the Bureau of Ocean Energy Management and the Bureau of Safety and...more

NY offshore wind lease auction set

The U.S. Bureau of Ocean Energy Management has issued a Final Sale Notice, setting December 15 as the date for auctioning the right to lease sites in federal waters off New York for commercial offshore wind...more

NY blueprint for offshore wind master plan

A New York state energy office has released its Blueprint for the New York State Offshore Wind Master Plan. The New York State Energy Research and Development Authority, known as NYSERDA, promotes energy efficiency and...more

Energy Newsletter - September 2016

Implementing Islamic Financing for Renewable Energy Projects - The Middle East and North Africa (MENA) region has recently seen a surge of interest in developing renewable energy, in particular solar energy projects. Led...more

U.S. Offshore Wind Industry Readies for Take-off Led by Northeast U.S.

The U.S.’s offshore wind industry is poised for a burst of activity after faltering for several years on the heels of the stalled Cape Wind project in Massachusetts. The country’s first offshore wind farm will open this fall...more

BOEM Updates Financial Assurance and Risk Management Requirements for Offshore Leases

The Bureau of Ocean Energy Management (BOEM) recently announced revisions to its financial assurance and risk management requirements for companies holding oil and gas leases in federal waters. BOEM regulations establish a...more

US releases new offshore wind strategy

U.S. executive branch agencies have released an updated report presenting a national strategy to facilitate the domestic development of offshore wind energy. According to the administration, the strategy could enable 86...more

Kitty Hawk NC offshore wind leasing

The U.S. Department of the Interior has proposed leasing federal ocean space offshore North Carolina for commercial offshore wind development. On August 12, 2016, the Bureau of Ocean Energy Management announced a proposed...more

Vineyard Wind offshore project changes hands

Danish fund management company Copenhagen Infrastructure Partnershas acquired Offshore MW LLC, the holder of an offshore wind energy lease issued by the U.S. Bureau of Ocean Energy Management over an area south of...more

BOEM advances California offshore wind leasing

U.S. ocean energy managers are moving closer to leasing sites in federal waters offshore California for wind energy development. Acting in response to a lease area requested by Trident Winds, LLC, this month the Bureau of...more

Renewable Energy Update - August 2016 #3

Renewable Energy Focus - Kick-off for California offshore - reNEWS - Aug 16 - The U.S. has taken a major step forward in offshore wind development in the deep waters off the coast of California. The Bureau of...more

Another Step Toward North Carolina Offshore Wind: Proposed Offshore Wind Farm Lease Announced

The U.S. Department of the Interior has just announced the next step in the years-long process toward the development of wind energy facilities off the coast of North Carolina. In a notice published in the Federal Register...more

Hydraulic Fracturing: State Regulatory Roundup Vol. 48

Fracking Insider Readers: We are pleased to bring you Volume 48 of our State Regulatory Roundup, including updates in California, Colorado, and Kansas. As we explained in earlier volumes, we designed the Roundup to provide...more

Three Reasons BOEM’s Updated Financial Assurance and Risk Management Requirements Are Unenforceable

The Interior Department’s Bureau of Ocean Energy Management (BOEM) has finally issued its promised Notice to Lessees (NTL) No. 2016-N01, “Requiring Additional Security,” which supersedes NTL No. 2008-N07, “Supplemental Bond...more

Three Reasons Why BOEM's Updated Financial Assurance and Risk Management Requirements are Unenforceable

The Interior Department’s Bureau of Ocean Energy Management (BOEM) has finally issued its promised Notice to Lessees (NTL) No. 2016-N01 “Requiring Additional Security,” which supersedes NTL No. 2008-N07 “Supplemental Bond...more

LIPA Deepwater offshore wind decision delayed

Long Island Power Authority has postponed a meeting of its trustees at which an offshore wind project was expected to be up for approval, after a state energy agency asked for delay to align the process with the expected...more

BOEM Unveils Tougher Guidelines for Supplemental Bonding on the US OCS

BOEM Unveils Tougher Guidelines for Supplemental Bonding on the US OCS July 21, 2016 The new guidelines restrict the ability of a company to rely on the financial strength of co-lessees to avoid additional supplemental...more

BOEM Releases Long Awaited New Financial Assurance Notice to Lessees and Operators

The Bureau of Ocean Energy Management (BOEM) released its long awaited new Notice to Lessees and Operators (NTL) updating the procedures and criteria used to determine when and if additional supplemental financial assurance...more

Bureau of Ocean Energy Management Issues New NTL Changing Financial Security Considerations for Offshore Oil and Gas Companies

On July 15, 2016, the United States Department of the Interior Bureau of Ocean Energy Management (BOEM) issued a new Notice to Lessees and Operators (NTL) dramatically changing the way in which BOEM will evaluate the...more

Regulating Exploration on the Arctic OCS: Interior Finalizes Rules for Oil and Gas Exploratory Drilling on the Arctic Outer...

On July 7, almost a year and a half after the proposed rules were published, the U.S. Department of the Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) and Bureau of Safety and Environmental Enforcement (BSEE)...more

BOEM Call for Hawaii offshore wind interest

U.S. ocean energy managers have asked for information to evaluate industry interest in leasing sites offshore Hawaii for commercial offshore wind development. Under U.S. law, the Bureau of Ocean Energy Management (BOEM)...more

NY offshore wind leasing advances

The U.S. Bureau of Ocean Energy Management is moving closer to leasing ocean sites offshore New York for commercial offshore wind development. On June 2, 2016, the Department of the Interior and BOEM announced the...more

U.S. Offshore Wind: Mid-Year Update

Several speakers at the recent American Wind Energy Association (AWEA) annual conference in New Orleans lauded the positive impact of Congress's extensions of the production tax credit (PTC) and investment tax credit (ITC) in...more

Part the Seas: Federal Report Finds Offshore Fracking has No Significant Impact

On May 27, 2016, the Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) jointly released a Programmatic Environmental Assessment (“PEA”) for well stimulation treatment...more

Upsetting the Outer Continental Shelf Ecosystem through Overbonding

At a time when the Bureau of Safety and Environmental Enforcement’s (“BSEE”) Well Control Rule has shifted focus away from its sister agency’s regulatory maneuvering, the Bureau of Ocean Energy Management (“BOEM”) is changing...more

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