US East Coast Offshore Wind Projects
Sector: Wind • Location: United States
Source: USA Herald
The Trump administration agreed to pay French energy giant TotalEnergies $1 billion to halt offshore wind projects along the US East Coast. TotalEnergies will relinquish two offshore leases off New York and North Carolina, which it had purchased for $928 million. Instead, the company will invest nearly $1 billion domestically in conventional energy projects including LNG plant trains, upstream oil
- Status
- Closed
- Sector
- Wind, Natural Gas, LNG, Oil and Gas
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- USA Herald
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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 | The Trump administration agreed to pay French energy giant TotalEnergies $1 billion to halt offshore wind projects along the US East Coast. TotalEnergies will relinquish two offshore leases off New York and North Carolina, which it had purchased for $928 million. Instead, the company will invest nearly $1 billion domestically in conventional energy projects including LNG plant trains, upstream oil development, and shale gas production. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
Source
Source | USA Herald |
URL |
More Details
Record type | Project |
Sector | Wind, Natural Gas, LNG, Oil and Gas |
Article published date | 2026-03-26 |
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