Bureau of Ocean Energy Management

Central Atlantic Offshore Wind Lease Sale Yields Nearly $93 Million To Power 2.2+ Million Homes

Leased areas have the potential to power over 2.2 million homes with clean energy, continuing Administration’s historic actions to grow the American offshore wind industry WASHINGTON — Following the completion of the fifth offshore wind lease sale held during the Biden–Harris administration, the Department of the Interior today announced the … [continued]

U.S. Interior Department Takes Action to Protect Taxpayers from Offshore Oil & Gas Decommissioning Costs

Updated regulations for the offshore oil and gas industry will strengthen risk management and financial assurance requirements WASHINGTON — The Department of the Interior today announced a final rule from the Bureau of Ocean Energy Management (BOEM) to protect taxpayers from covering costs that should be borne by the oil and … [continued]