What is the latest status of the project “TotalEnergies Offshore Wind Lease Cancellation”?

The status recorded for “TotalEnergies Offshore Wind Lease Cancellation” is cancelled.

What is the budget and commercial profile for the project “TotalEnergies Offshore Wind Lease Cancellation”?

Taiyo normalizes the budget of “TotalEnergies Offshore Wind Lease Cancellation” to USD 1000000000.

Where can I verify the source and access all details for “TotalEnergies Offshore Wind Lease Cancellation”?

This Taiyo project page references NBC New York along with the original URL (https://www.nbcnewyork.com/news/national-international/trump-administration-paying-totalenergies-abandon-us-offshore-wind-leases/6480641/). Taiyo standardizes official data into a consistent, searchable project profile.

TotalEnergies Offshore Wind Lease Cancellation

Sector: Wind • Location: United States

Source: NBC New York

Project

Cancelled

The Trump administration is paying $1 billion to French company TotalEnergies to abandon two offshore wind farm leases off the coasts of New York and North Carolina. TotalEnergies agreed to forfeit these leases and instead invest in oil and gas projects in Texas. The leases were for projects aiming to generate significant clean energy capacity, but the company has paused these projects and pledged

Status: Closed
Sector: Wind, Raw Materials, Oil and Gas
Location: United States of America
Updated: 22 Jul 2026
Source: NBC New York

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Project Information

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The project “TotalEnergies Offshore Wind Lease Cancellation” is an infrastructure initiative in the Wind sector, located in United States. Taiyo aggregates data on it from NBC New York.

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 is paying $1 billion to French company TotalEnergies to abandon two offshore wind farm leases off the coasts of New York and North Carolina. TotalEnergies agreed to forfeit these leases and instead invest in oil and gas projects in Texas. The leases were for projects aiming to generate significant clean energy capacity, but the company has paused these projects and pledged not to develop new offshore wind projects in the U.S.
Original sector	Energy
Budget

Location

Country

United States of America (USA)

Source

Source	NBC New York
URL

More Details

Record type	Project
Sector	Wind, Raw Materials, Oil and Gas
Article published date	2026-03-27

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TotalEnergies Offshore Wind Lease Cancellation

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