News & Analysis as of

Offshore Lease

Perkins Coie

Federal Offshore Critical Minerals Leasing Gains Momentum Near CNMI

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On March 18, 2026, the Bureau of Ocean Energy Management (BOEM) issued an Area Identification Recommendation (Area ID) covering more than 69 million acres offshore of the Commonwealth of the Northern Mariana Islands (CNMI). ...more

Schwabe, Williamson & Wyatt PC

BOEM Seeks Information on Potential OCS Deep Sea Mining Leases Offshore Alaska

The Bureau of Ocean Energy Management (BOEM) has issued a Request for Information and Interest (RFI) regarding potential commercial leasing for Outer Continental Shelf (OCS) hard minerals off the coast of Alaska....more

Allen Matkins

Renewable Energy Update 1.29.26

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Construction work can restart on the 95-percent-complete Vineyard Wind 1 offshore wind farm after the U.S. District Court for the District of Massachusetts issued a decision to allow full activities to resume in the Vineyard...more

Holland & Knight LLP

Trump Administration Holds First Gulf of America Offshore Oil and Gas Lease Sale Since 2023

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The Bureau of Ocean Energy Management (BOEM) on Dec. 10, 2025, held its Gulf of America Oil and Gas Lease Sale, the first offshore oil and gas lease sale since December 2023 and the first lease sale conducted under the One...more

Perkins Coie

BOEM Rapidly Advances Steps to Develop Critical Minerals in American Samoa and Commonwealth of Mariana Islands

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Last week, the Bureau of Ocean Energy Management (BOEM) announced progress on its long-term plan to lease areas for critical mineral development on the Outer Continental Shelf (OCS). First, on Nov. 10, 2025, BOEM...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: V 9, Issue 8, 2025

Welcome to our eighth issue of Currents 2025. Extending the Lives of Fossil Fuel Power Plants Based on Arguably Tenuous Assumptions May Increase Power Prices - In July, the Trump administration’s Department of Energy (DOE)...more

Pillsbury - Gravel2Gavel Construction & Real...

The 2025 Legal Horizon for U.S. Offshore Wind

In its first nine months, the Trump administration has taken multiple actions impacting offshore wind development and generating substantial uncertainty as to the industry’s future in the United States. Those actions have...more

White & Case LLP

President Biden Bans Future Offshore Drilling in Certain Areas

White & Case LLP on

This client alert provides a brief overview of President Biden’s recent decision to expand the ban on offshore oil and gas leasing, outlining its background, scope, and potential impact on the energy industry. Key...more

Holland & Knight LLP

Understanding President Joe Biden's Offshore Drilling Restrictions

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In his final days in office, President Joe Biden has exercised his executive authority to withdraw more than 625 million acres of federal waters from future oil and gas leasing – the largest withdrawal of its kind in U.S....more

Sheppard, Mullin, Richter & Hampton LLP

BOEM Announces Comment Period on California Offshore Wind Programmatic Environmental Impact Statement

Despite the uncertainty surrounding the immediate future of the U.S. offshore wind industry after the re-election of Donald Trump, industry participants including the Bureau of Ocean Energy Management (“BOEM”) are cautiously...more

Sheppard, Mullin, Richter & Hampton LLP

First Commercial Offshore Wind Lease Sale in the Gulf of Maine Completed

On October 29, the Bureau of Ocean Energy Management (BOEM) held an auction for offshore wind areas in the Gulf of Maine. Although BOEM leased an offshore wind area in the Gulf of Maine for a research installation last...more

Sheppard, Mullin, Richter & Hampton LLP

Central Atlantic Auction – Key Takeaways and Next Steps

On August 14, the Bureau of Ocean Energy Management (BOEM) held an auction for two offshore wind areas in the Central Atlantic off the coasts of Delaware, Maryland and Virginia. While seventeen companies were qualified to bid...more

BCLP

The Wait for CATOs is Nearly Over... Volume 4

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As part of the government’s wider review of the electricity transmission network via the Integrated Transmission Planning and Regulation Project, and after its successful introduction of competition to offshore transmission...more

Perkins Coie

Full Speed Ahead—BOEM’s Offshore Wind Leasing Strategy Sailing Toward Full Implementation in 2024

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Notwithstanding supply chain challenges, canceled power purchase agreements, and general economic and political uncertainty, the Bureau of Ocean Energy Management (BOEM) has continued its push to implement its renewable...more

Holland & Knight LLP

Energy Chairman Manchin's Permitting Bill Moves Through Committee in Careful Balancing Act

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After two years of continuous behind-the-scenes work, Sen. Joe Manchin (I-W.Va), who chairs the U.S. Senate Committee on Energy and Natural Resources, joined by Sen. John Barrasso (R-Wyo.), released S. 4753, the Energy...more

McGuireWoods LLP

Final Sale Notice Announced for Wind Lease Areas Off Delaware/Maryland and Virginia

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After a lengthy process to identify potential offshore wind energy areas that originated in 2022, on June 28, 2024, the U.S. Department of the Interior announced the auction date for two offshore wind lease areas...more

Perkins Coie

Floating Offshore Wind in the Gulf of Maine—BOEM and the State of Maine Take Next Steps Toward Development and Procurement of...

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Marching toward its goal of deploying 30 gigawatts (GW) of offshore wind by 2030, the Bureau of Ocean Energy Management (BOEM) published on May 1, 2024, a proposed sale notice (PSN) to auction eight lease areas for commercial...more

K&L Gates LLP

Calming the Seas for Offshore Wind: Renewable Energy Modernization Rule Seeks to Boost Regulatory and Financial Certainty for Wind...

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On 24 April 2024 the Bureau of Ocean Energy Management (BOEM) and the Bureau of Safety and Environmental Enforcement (BSEE) issued a final rule to update regulations for renewable energy development on the US Outer...more

Perkins Coie

Oregon Offshore Wind Watch—BOEM Publishes Proposed Sale Notice and Draft Environmental Assessment

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The Bureau of Ocean Energy Management (BOEM) published a proposed sale notice for an offshore wind energy lease auction in Oregon on May 1, 2024.[1] The Oregon lease sale is anticipated to occur in October 2024. Comments on...more

Vinson & Elkins LLP

BOEM Releases Tougher Financial Assurance Requirements for Offshore Oil and Gas Operations

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New and additional bonding requirements for certain companies operating on the Outer Continental Shelf (“OCS”) will take effect in June as a result of a recent rulemaking. These new requirements will be phased in over a...more

Troutman Pepper Locke

Riding the Regulatory Wave: BOEM ‎Issues New Rules for Surfing the ‎Provision of Financial ‎Assurance

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The regulatory seascape for financial assurance related to offshore oil and gas production and decommissioning in federal waters has come in waves over the past decade, and like waves, the regulations often build momentum...more

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

Nossaman LLP

Advocacy Groups File Endangered Species Act Suit Against Virginia Offshore Wind Project

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On March 18, three advocacy organizations and their members filed a lawsuit challenging an offshore wind project against the National Marine Fisheries Service (NMFS) and the Bureau of Ocean Energy Management (BOEM). The...more

Troutman Pepper Locke

BOEM Proposes to Go Another Round in ‎the Gulf of Mexico in ‎‎2024, ‎With Some Twists

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In the world of offshore wind, the Bureau of Ocean Energy Management’s (“BOEM”) Gulf of Mexico region is known for its independent streak. The proposed sale notice (PSN) for its second Gulf of Mexico wind sale in two years...more

Perkins Coie

Floating Offshore Wind in the Gulf of Maine—BOEM Announces Next Steps Toward Development

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The Bureau of Ocean Energy Management (BOEM) announced on March 18, 2024, the identification of a final Wind Energy Area (WEA) of 2,000,902 acres for commercial leasing and potential development of floating wind on the Outer...more

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