TotalEnergies Offshore Wind Lease Termination and Investment in Oil & Gas Projects
Sector: Wind • Location: New York, North Carolina, Texas, United States
Source: offshoreWIND.biz
The US Department of the Interior and TotalEnergies signed settlement agreements to terminate TotalEnergies' two offshore wind leases in the US. TotalEnergies will be reimbursed USD 928 million paid in lease fees and will invest this amount in the construction of the 29 Mt Rio Grande LNG plant and development of oil and gas activities in the US.
- Status
- Prospective
- Sector
- Wind, LNG, Oil and Gas
- Location
- New York, North Carolina, Texas, United States of America
- Updated
- 22 Jul 2026
- Source
- offshoreWIND.biz
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Project Information
Participants
| Not available for this record. |
Status
Original status | settlement agreement signed |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The US Department of the Interior and TotalEnergies signed settlement agreements to terminate TotalEnergies' two offshore wind leases in the US. TotalEnergies will be reimbursed USD 928 million paid in lease fees and will invest this amount in the construction of the 29 Mt Rio Grande LNG plant and development of oil and gas activities in the US. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | New York, North Carolina, Texas |
Source
Source | offshoreWIND.biz |
URL |
More Details
Record type | Project |
Sector | Wind, LNG, Oil and Gas |
Article published date | 2026-03-26 |
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