New OCS Leasing Program Brings Certainty And Momentum To Gulf Of America
National Ocean Industries Association President Erik Milito issued the following statement after Secretary of the Interior Doug Burgum announced the next steps in a new offshore oil and gas leasing program:
"We applaud Secretary Burgum and the administration for taking decisive action to launch the 11th National Outer Continental Shelf Oil & Gas Leasing Program—a critical step toward restoring long-term certainty and stability for the Gulf of America’s offshore energy sector.
"The Gulf of America—and the broader American offshore—plays an essential role in powering the nation, contributing nearly $33B to the U.S. economy each year, supporting close to 400,000 jobs, and reinforcing our energy security. A robust leasing program ensures continued investment, innovation, and global leadership in safe, responsible offshore energy production.
"We look forward to working closely with policymakers to advance this process and secure a strong, reliable energy future for all Americans.”
About NOIA
The National Ocean Industries Association (NOIA) represents and advances a dynamic and growing offshore energy industry, providing solutions that support communities and protect our workers, the public and our environment.
Source: National Ocean Industries Association (NOIA)