TotalEnergies Offshore Wind Lease Abandonment
Sector: Government • Location: United States
Source: Law360
The Trump administration agreed to pay TotalEnergies nearly $1 billion to abandon two offshore wind leases. In exchange, TotalEnergies will invest the funds into U.S. oil and gas development projects.
- Status
- Closed
- Sector
- Government, Wind, Oil and Gas
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- Law360
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Project Information
Participants
| Not available for this record. |
Status
Original status | cancelled |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Trump administration agreed to pay TotalEnergies nearly $1 billion to abandon two offshore wind leases. In exchange, TotalEnergies will invest the funds into U.S. oil and gas development projects. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
Source
Source | Law360 |
URL |
More Details
Record type | Project |
Sector | Government, Wind, Oil and Gas |
Article published date | 2026-03-26 |
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