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Holland & Knight LLP

Interior Department Announces Rule on Financial Assurance for Offshore Oil and Gas

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For a decade, the U.S. Department of the Interior has wrestled with financial assurance (or bonding) requirements for offshore oil and gas companies. Over the last 10 years, the Interior Department has released – and later...more

Foley & Lardner LLP

FERC’s Generator Interconnection Reform Order No. 2023

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The Federal Energy Regulatory Commission (“FERC” or “Commission”) unanimously issued its highly anticipated Order No. 2023, which requires many reforms to pro forma interconnection agreements and procedures under Open Access...more

Bracewell LLP

BOEM Releases Proposed Rule on Supplemental Financial Assurance for OCS Lease and Grant Obligations

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On June 29, 2023, the Department of Interior’s Bureau of Ocean Energy Management (BOEM) published a proposed rule that, if adopted, would substantially revise the financial assurance requirements applicable to offshore oil...more

Allen Matkins

Renewable Energy Update - 7.06.23

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Jobs in the U.S. energy industry rose 3.8% last year, faster than overall employment growth and led by work in clean energy, the Department of Energy said last Wednesday. According to the U.S. Energy and Employment Report,...more

Bracewell LLP

Offshore Wind Litigation: Court Dismisses Challenge to BOEM’s Process to Identify the New York Bight Lease Areas

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The federal government’s offshore wind program notched another important victory on March 9, 2023, when the United States District Court for the District of Columbia dismissed a lawsuit seeking to overturn the New York Bight...more

Holland & Knight LLP

Bureau of Ocean Energy Management Proposes Amendments to Modernize Offshore Wind Regulations

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The U.S. Department of the Interior's Bureau of Ocean Energy Management (BOEM) published a proposed rule to update regulations for the development of offshore wind energy resources, found at 30 C.F.R. Part 585.1 The...more

Sheppard Mullin Richter & Hampton LLP

California’s First Offshore Wind Auction Finalized – Key Takeaways

The dust has settled on the Bureau of Ocean Energy Management’s (BOEM) first west coast auction for federal offshore wind lease areas. The California auction for the Morro Bay and Humboldt Call Areas brought an aggregate...more

Latham & Watkins LLP

Momentum Builds Towards California Offshore Wind Reality

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California’s first upcoming offshore wind lease sale, scheduled for December 6, 2022, is the next major step forward for clean energy in the Golden State. The Bureau of Ocean Energy Management (BOEM) and the State of...more

Sheppard Mullin Richter & Hampton LLP

California Offshore Wind Lease Sale Announced by Bureau of Ocean Energy Management

On October 21, 2022, the U.S. Bureau of Ocean Energy Management (“BOEM”) published a Final Sale Notice (“FSN”) for commercial leasing for wind power on California’s Outer Continental Shelf (“OCS”). Specifically, the FSN...more

Sheppard Mullin Richter & Hampton LLP

Bid Credits Intended to Stimulate Local Coordination and Development in Upcoming California Lease Auction Add New Wrinkle to Bid...

One of the most noteworthy features of the October 18th Final Sale Notice (FSN) for the PACW-1 offshore lease auction – which will be the first west coast auction held by the Bureau of Ocean Energy Management (BOEM) – is the...more

Sheppard Mullin Richter & Hampton LLP

California Offshore Wind Auction

On October 18, 2022, the Department of the Interior announced that the Bureau of Ocean Energy Management (“BOEM”) will hold an auction to sell five offshore wind energy leases in federal waters off the California coast, with...more

Perkins Coie

BOEM Releases Final Sale Notice for California Offshore Wind Lease Sale

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The Bureau of Ocean Energy Management (BOEM) issued its Final Sale Notice (FSN) on October 18, 2022, for the first offshore wind energy leases on the west coast of the United States. With the lease sale scheduled for December...more

Vinson & Elkins LLP

Three Things to Watch in Development of U.S. Offshore Wind

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Offshore wind developers have poured billions of dollars into securing leases in state and federal waters in recent months, with many more billions to be spent developing wind assets to support ambitious state and federal...more

Perkins Coie

Biden Administration Continues Offshore Wind Momentum With Ninth Lease Sale

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The Bureau of Ocean Energy Management (BOEM) released its final sale notice (FSN) for two lease areas totaling 110,091 acres in the Carolina Long Bay Area on March 25, 2022. The auction for these lease areas will be held...more

Husch Blackwell LLP

BOEM Presses Forward with Offshore Wind Development in the Carolina Bay

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The Bureau of Ocean Energy Management (BOEM) announced this morning that it will offer 110,091 acres of the Outer Continental Shelf (ICS) in the Carolina Bay Area for lease this coming May. The Carolina Bay Area lease sale...more

Sheppard Mullin Richter & Hampton LLP

SheppardMullin Six: Groundbreaking BOEM Lease Sale in New York Bight Further Accelerates Offshore Wind Development in the Atlantic

On January 12, 2022, the Bureau of Ocean Energy Management (“BOEM”) issued its Final Sale Notice for the auction of six offshore wind lease areas in federal waters off the coasts of New York and New Jersey (the “NY Bight...more

Baker Donelson

BOEM Seeks Comments on the 2018 Draft Supplemental Environmental Impact Statement Relating to GOM OCS Lease Sale

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On Thursday, March 30, 2017, the U.S. Bureau of Ocean Energy Management (BOEM) announced the availability of the Gulf of Mexico OCS Lease Sale: Draft Supplemental Environmental Impact Statement 2018 (Draft EIS). The Draft EIS...more

King & Spalding

Outer Continental Shelf Leasing: BOEM Withdraws Controversial Sole Liability Orders

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On February 17, 2017, the Bureau of Ocean Energy Management (“BOEM”), which manages oil and gas leasing in the Outer Continental Shelf, announced that it is withdrawing previously-issued orders to sole liability property...more

Baker Donelson

BOEM Suspends Implementation of New Financial Assurance Requirements

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The Bureau of Ocean Energy Management (BOEM) announced Friday, January 6, that it would suspend the implementation of the new financial assurance requirements relating to decommissioning obligations of lessees’ facilities on...more

Beveridge & Diamond PC

First-Ever Legal Challenge Filed Against Proposed Federal Offshore Wind Lease Auction

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A coalition of fishing advocates, local towns, and municipalities from New Jersey to Rhode Island has sued the U.S. Department of the Interior’s Bureau of Ocean Energy Management (“BOEM”) and sought a temporary restraining...more

King & Spalding

BOEM Updates Financial Assurance and Risk Management Requirements for Offshore Leases

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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

BakerHostetler

Upsetting the Outer Continental Shelf Ecosystem through Overbonding

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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

Baker Donelson

OCS Operators and Lenders Beware - Comment Period Ending on BOEM Risk Management, Financial Assurance and Loss Prevention Notice...

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Monday, November 17, 2014, is the last day to provide comments to the Bureau of Ocean Energy Management (BOEM) in connection with its Advance Notice of Proposed Rulemaking (ANPR) with respect to risk management, financial...more

Foley & Lardner LLP

Department of the Interior Conducts Second Offshore Wind Auction

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On September 4, 2013, the Interior Department’s Bureau of Ocean Energy Management (“BOEM”) held its public auction of the first federal lease for an offshore wind energy site off the Mid-Atlantic coast....more

Brooks Pierce

Steps Toward Wind Energy Development Off North Carolina Coast

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The possibility of wind energy development on the Outer Continental Shelf (OCS) off North Carolina’s shores moved one step closer to fruition last week, as the Department of the Interior Bureau of Ocean Energy Management...more

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