US Kicks off Evaluation of Offshore Oil, Gas Leases

Posted by Eric Haun
Friday, June 13, 2014

The U.S. Department of the Interior took its first steps on Friday to develop the next five-year schedule of potential offshore oil and gas lease sales.

Interior issued a request for information and comments on the oil and gas leasing program for U.S. coastal waters to run from 2017 to 2022, kicking off a 45-day comment period.

The planning process for federal waters surrounding the United States known as the Outer Continental Shelf (OCS) will take up to three years to complete, the agency said.

"The development of the next five-year program will be a thorough and open process that incorporates stakeholder input and uses the best available science," Interior Secretary Sally Jewell said in a statement.

U.S. law requires the Interior Secretary, through the Bureau of Ocean Energy Management, to prepare and maintain a schedule of proposed oil and gas lease sales in federal waters, indicating the size, timing and location of auctions that would best meet national energy needs.

The secretary is required to balance potential environmental impacts, discovery of oil and gas, and adverse effects on the coastal zone.

The current five-year program expires in August 2017 and schedules 15 potential lease sales in six planning areas judged to have the greatest resource potential.

BOEM has held five sales thus far, including annual auctions in the Central and Western Gulf of Mexico and a single sale in the Eastern Gulf.

Those auctions offered more than 60 million offshore acres and leased 4.3 million, generating more than $2.3 billion in high bids. The sixth lease sale in August 2014 will offer 21 million OCS acres in the Western Gulf of Mexico.

Oceana, a non-profit group focused on ocean conservation, said it fears the next five-year plan could open waters off the Atlantic Coast to development, and the risk of oil spills like BP's Deepwater Horizon in the Gulf of Mexico in 2010.

"The Gulf is a devastating example of why we should not open new areas like the Atlantic to offshore drilling," said Oceana campaign director Claire Douglass.

(Reporting by Ros Krasny; editing by Andrew Hay)

 

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

Port Gothenburg Offering LNG

Ships running on liquefied natural gas (LNG) are going to be able to bunker at the Port of Gothenburg, as new regulations for LNG bunkering have been introduced

New Monitoring Network for Scottish Ports

Historically, ferry masters operating off the west coast of Scotland would have to sail to a port and on arrival visually assess the weather and tide conditions

BMT Awarded Port Geographe Coastal Engineering Contract

BMT JFA Consultants (BMT), a subsidiary of BMT Group,  has been awarded a contract by the Western Australian Department of Transport (DoT) to provide services as

Energy

Litgas, Statoil JV to Develop Baltic Sea LNG

Natural gas supply and trading company Litgas, part of Lithuania's state owned energy holding Lietuvos Energija, and Statoil, leading global energy company in oil and gas production,

NITC Tankers Chart Western Course

Iran’s largest shipping company NITC, the privatized Iranian shipping company, is in talks for permission to sail in Western waters, says a report in WSJ.   NITC

China's Navy holds Missile Combat Resupply Drill

China's navy held its first drill simulating the resupply of missiles in a combat environment in the Yellow Sea, the Defence Ministry said on Thursday, the latest

News

Passenger Ferry Capsizes in the Philippines, Nearly 40 Dead

MBCA Kim Nirvana, a passenger boat carrying 189 people has capsized in the central Philippines, minutes after leaving port, the Philippine Red Cross and coast guard spokesman Cmdr.

Greek Shipping Mulls Cyprus Move

Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency.   The director

NITC Tankers Chart Western Course

Iran’s largest shipping company NITC, the privatized Iranian shipping company, is in talks for permission to sail in Western waters, says a report in WSJ.   NITC

Government Update

Greek Shipping Mulls Cyprus Move

Greek shipping companies are looking into moving to Cyprus due to the instability and uncertainty in Greece, it emerged, reports Cyprus News Agency.   The director

NITC Tankers Chart Western Course

Iran’s largest shipping company NITC, the privatized Iranian shipping company, is in talks for permission to sail in Western waters, says a report in WSJ.   NITC

Terrorists Will Exploit EU Migrant Crisis, ESC Warns

ESC Global Security has called for the Mediterranean to be classed a maritime High Risk Area in the wake of the terrorist atrocities in Tunisia and Europe’s escalating migration crisis.

Offshore Energy

Petrobras hands over Campos basin stake to PetroRio

Petrobras today signed with PetroRio S.A. (‘PetroRio’) the contracts for the sale of 20% of its stake in the concessions of Bijupirá and Salema fields, currently operated by Shell.

Damen, AMELS sell YSV with Heli Hanger

The sale of a new 69-metre Yacht Support vessel marks the next level of development for the successful Yacht Support range built by DAMEN in cooperation with Dutch luxury yacht builder AMELS.

Shell Green Lights GoM Field After Cost Cuts

Royal Dutch Shell has given the green light for the development of its largest platform in the Gulf of Mexico after making steep cost cuts which made the deep water

 
 
Maritime Contracts Maritime Security Naval Architecture Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1786 sec (6 req/sec)