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TotalEnergies Offshore Wind Lease Exit and Investment Shift

Sector: Wind • Location: North Carolina, New York, Texas, United States

Source: Oregon Public Broadcasting - OPB

Project
Awarded

The Trump administration reached a deal with French energy company TotalEnergies to end its offshore wind projects in the U.S. TotalEnergies will recover nearly $1 billion paid for offshore wind leases off North Carolina and New York coasts and invest an equal amount in U.S. oil and gas production and a liquified natural gas plant in Texas. The company pledged not to develop new offshore wind proj

Status
Closed
Sector
Wind, LNG, Natural Gas, Oil and Gas
Location
North Carolina, New York, Texas, United States of America
Updated
22 Jul 2026
Source
Oregon Public Broadcasting - OPB

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The project “TotalEnergies Offshore Wind Lease Exit and Investment Shift” is an infrastructure initiative in the Wind sector, located in North Carolina, New York, Texas, United States. Taiyo aggregates data on it from Oregon Public Broadcasting - OPB.

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Status

Original status

awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Trump administration reached a deal with French energy company TotalEnergies to end its offshore wind projects in the U.S. TotalEnergies will recover nearly $1 billion paid for offshore wind leases off North Carolina and New York coasts and invest an equal amount in U.S. oil and gas production and a liquified natural gas plant in Texas. The company pledged not to develop new offshore wind projects in the U.S.

Original sector

Energy

Budget

Location

Country

United States of America (USA)

State

North Carolina, New York, Texas

Source

Source

Oregon Public Broadcasting - OPB

URL

More Details

Record type

Project

Sector

Wind, LNG, Natural Gas, Oil and Gas

Article published date

2026-03-29

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