Offshore leasing program brings new momentum for Gulf of America/Gulf of Mexico



The Nationwide Ocean Industries Affiliation issued an announcement after U.S. Secretary of the Inside Doug Burgum introduced the following steps in a brand new offshore oil and gasoline leasing program.

NOIA President Erik Milito acknowledged: 

“We applaud Secretary Burgum and the administration for taking decisive motion to launch the eleventh Nationwide Outer Continental Shelf Oil & Fuel Leasing Program—a important step towards restoring long-term certainty and stability for the Gulf of America’s offshore power sector.

“The Gulf of America—and the broader American offshore—performs an important function in powering the nation, contributing practically $33 billion to the U.S. financial system every year, supporting near 400,000 jobs, and reinforcing our power safety. A sturdy leasing program ensures continued funding, innovation, and international management in protected, accountable offshore power manufacturing.

“We stay up for working carefully with policymakers to advance this course of and safe a robust, dependable power future for all People.”





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