News & Analysis as of

Gulf of Mexico Energy Sector

Eversheds Sutherland (US) LLP

BOEM’s inaugural Gulf of Mexico wind lease auction results in a measured start for promising region

BOEM held its first-ever auction for wind energy lease areas in the Gulf of Mexico on August 29, 2023. The three lease areas up for auction covered a combined 301,746 acres off the coast of Lake Charles, Louisiana, and...more

White & Case LLP

Pivot potential: A deep dive into offshore wind in the Gulf of Mexico

White & Case LLP on

After years of blunted growth and false starts, the US is finally scaling up offshore wind. While most progress had been spurred by state policies incenting projects in the Atlantic Ocean off the East Coast, the federal...more

Sheppard Mullin Richter & Hampton LLP

Previewing the Gulf of Mexico Offshore Wind Lease Auction

On July 21, 2023, the Bureau of Ocean Energy Management (BOEM) issued a Final Sale Notice (FSN) for offshore wind leases covering three areas on the Outer Continental Shelf (OCS) of the Gulf of Mexico (GOM). The auction will...more

Perkins Coie

Offshore Wind and Green Hydrogen: What Opportunities Lie Ahead

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The Biden Administration bolstered its ambitious clean energy goals this week by announcing the Pathways to Commercial Liftoff: Clean Hydrogen report, along with $750 million in funding for research, development, and...more

White & Case LLP

Guyana Bidding Rounds

White & Case LLP on

On December 9, 2022, Guyana released the preliminary terms for an oil and gas tender covering a total of 14 offshore blocks, including 11 deep water blocks and three shallow water blocks.1 Guyana estimates that the blocks...more

Baker Donelson

Vents de Carême – Offshore Wind Opportunities in the Gulf of Mexico

Baker Donelson on

Vents de Carême – Cajun French term for "strong spring winds, 'March winds'" (Dictionary of Louisiana French: As Spoken in Cajun, Creole and American Indian Communities (Univ. of Miss. Press, 2010, p. 646); literally...more

Baker Donelson

Going Green: Can a Hydrogen Economy and Offshore CCS Present New Opportunities for the Gulf of Mexico?

Baker Donelson on

With the oil and gas industry seeking ways to adapt to our current climate-driven world, some might argue that the oil and gas industry is leading the global energy transition. It is happening across the industry from the...more

Brownstein Hyatt Farber Schreck

Offshore Wind Is Heating Up in the Biden Administration

The Biden administration continues to take critical steps that will help them meet their goal of installing 30 gigawatts of wind energy by 2030. New York Bight Proposed Lease Sale - On Friday June 11, the Bureau of...more

Holland & Knight LLP

Holland & Knight's Energy and Natural Resources Quarterly Newsletter: Summer 2020

Holland & Knight LLP on

This newsletter provides a look around the corner, highlighting top issues and emerging opportunities for the private sector. This edition covers, among other relevant topics, a number of recent U.S. political developments...more

Holland & Knight LLP

Studies Find Gulf of Mexico Has Untapped Potential for Offshore Wind Development

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The Gulf of Mexico is an attractive location for offshore wind development according to two recent studies conducted by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL) and funded by the U.S. Bureau...more

King & Spalding

Fifth Circuit Extends Doiron Test For Assigning Maritime-Contract Status To Contracts That Are Not Oilfield Services Contracts

King & Spalding on

The U.S. Court of Appeals for the Fifth Circuit recently held that its two-question Doiron test for determining whether oilfield services contracts are maritime contracts also applies when evaluating the maritime-contract...more

Akin Gump Strauss Hauer & Feld LLP

As Bankruptcy Bells Ring in the Outer Continental Shelf, BSEE May Toll for You

In 2014, we wrote about efforts by the U.S. Department of Interior’s Bureau of Safety and Environmental Enforcement (BSEE) to require less traditional parties to fund the decommissioning of idle oil and gas wells and related...more

BakerHostetler

BOEM’s “Proposed Guidance” Shakes Up the Agency’s Supplemental Bonding Requirements

BakerHostetler on

The Bureau of Ocean Energy Management (“BOEM”) has backed away from its proposed rulemaking regarding financial assurance requirements for the Outer Continental Shelf (“OCS”). On August 19, 2014, BOEM published an Advance...more

Morgan Lewis

Results Announced for Mexico’s Round One First Tender

Morgan Lewis on

The historic tender for shallow water blocks in the Gulf of Mexico will allow for private and foreign investment in Mexican oil and gas for the first time in almost 80 years. On July 15, Mexico’s National Hydrocarbons...more

BakerHostetler

Keystone XL’s Opponents Won’t Derail Canadian Oil Trains to the Gulf Coast

BakerHostetler on

The U.S. Gulf Coast—with its 1.4 million barrels per day of coker[*] refining capacity geared to maximize output of high-value lighter products from lower-cost, heavy, high-sulfur crude oil feedstocks—is an ideal market for...more

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