TotalEnergies U.S. Offshore Wind Exit and Natural Gas Investment
Sector: LNG • Location: New York, North Carolina, Texas, Gulf States, United States
Source: ET Edge Insights
TotalEnergies has decided to exit its offshore wind projects in the United States, including leases in the New York Bight and Carolina Long Bay, and redirect nearly $1 billion into oil and natural gas projects such as LNG infrastructure in Texas and oil and gas production in the Gulf region. This move reflects a shift in U.S. energy policy and economic considerations, with the company receiving re
- Status
- Closed
- Sector
- LNG, Wind, Natural Gas, Government, Oil and Gas
- Location
- New York, North Carolina, Texas, Gulf States, United States of America
- Updated
- 22 Jul 2026
- Source
- ET Edge Insights
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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 | TotalEnergies has decided to exit its offshore wind projects in the United States, including leases in the New York Bight and Carolina Long Bay, and redirect nearly $1 billion into oil and natural gas projects such as LNG infrastructure in Texas and oil and gas production in the Gulf region. This move reflects a shift in U.S. energy policy and economic considerations, with the company receiving reimbursement for its lease investments from the U.S. government. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | New York, North Carolina, Texas, Gulf States |
Source
Source | ET Edge Insights |
URL |
More Details
Record type | Project |
Sector | LNG, Wind, Natural Gas, Government, Oil and Gas |
Article published date | 2026-03-27 |
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