News & Analysis as of

Offshore Wind Outer Continental Shelf Oil & Gas

Adler Pollock & Sheehan P.C.

The Outer Continental Shelf Lands Act and Offshore Wind Contract Disputes

Dueling Executive Orders In recent weeks, outgoing President Joe Biden and incoming President Donald Trump each issued a Presidential Memorandum to withdraw extensive areas of the Outer Continental Shelf (OCS) for future...more

Vinson & Elkins LLP

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

Vinson & Elkins LLP on

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

Holland & Knight LLP

Interior Department Announces Five-Year Lease Plan for Offshore Oil and Gas

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The U.S. Department of the Interior on Sept. 29, 2023, announced its long-awaited Five-Year Offshore Leasing Plan as required by the Outer Continental Shelf Lands Act (the Plan)....more

Vinson & Elkins LLP

BOEM Bonding: What You Need to Know About New Financial Assurance Requirements Proposed for Offshore Oil and Gas Drilling

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The Biden administration has proposed changes regarding when oil, gas, and sulfur lessees and certain other parties operating in the offshore Outer Continental Shelf must post additional bonds or other “supplemental financial...more

Holland & Knight LLP

Inflation Reduction Act Advances Stalled Offshore Oil and Gas Lease Sales

Holland & Knight LLP on

The Inflation Reduction Act (the Act), which passed the U.S. Senate on Aug. 7, 2022, requires that previously announced offshore lease sales in the Gulf of Mexico and Alaska be held during the next two years....more

Holland & Knight LLP

Fifth Circuit's Seaman Status Realignment Brings New Considerations for Offshore Oil & Gas and Wind Industry Operators

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Since the enactment of the Jones Act, courts have wrestled to define "seaman" and who is entitled to remedies under the Jones Act. The Jones Act grants a "seaman" a negligence cause of action against his employer and only a...more

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