German energy player RWE has taken the rights to develop the Lake Charles block in Louisiana for USD 5.6 million.
According to the government, the 415-square-kilometre concession has the potential to generate 1.24 GW.
The other two blocks on offer totalling almost 809 square kilometres offshore Galveston, Texas, received no bids.
The government proposed the wind auction in February 2023.
The USA has set a goal to deploy 30 GW of offshore wind energy by 2030 and decarbonise the power generation sector by 2035.
The three concession areas on the Gulf of Mexico had the potential to account for 10% of the government’s offshore wind goals.
In 2022, the Biden administration held three offshore wind lease auctions off New York, New Jersey and California coasts.
The New York and New Jersey auctions saw a record USD 4.37 billion in bids while the California auction drew USD 757 million in bids.
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
This website uses cookies.