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TotalEnergies US Offshore Wind Lease Exit

Sector: LNG • Location: United States

Source: ChemAnalyst

Project
Exited

TotalEnergies has entered into formal settlement agreements with the United States Department of the Interior to relinquish its offshore wind lease holdings in the US, including the Carolina Long Bay lease and the New York Bight lease, originally awarded in 2022. The company will exit offshore wind development activities in the US and reinvest equivalent capital into US gas and power operations, f

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The project “TotalEnergies US Offshore Wind Lease Exit” is an infrastructure initiative in the LNG sector, located in United States. Taiyo aggregates data on it from ChemAnalyst.

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Participants

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Status

Original status

exited

Taiyo status

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Taiyo last update

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Email

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Description

Description

TotalEnergies has entered into formal settlement agreements with the United States Department of the Interior to relinquish its offshore wind lease holdings in the US, including the Carolina Long Bay lease and the New York Bight lease, originally awarded in 2022. The company will exit offshore wind development activities in the US and reinvest equivalent capital into US gas and power operations, focusing on LNG and gas projects.

Original sub-sector

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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