Global Infrastructure SherpaU.S. Bureau of Ocean Energy Management (BOEM)
The U.S. Bureau of Ocean Energy Management (BOEM) is a federal agency under the Department of the Interior responsible for managing the development of offshore energy and mineral resources in U.S. federal waters, including offshore wind, oil and gas, and marine minerals. It conducts lease sales, reviews plans, and issues permits for these activities.
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Government AgencyGovernment
Strategic Overview
- BOEM's primary strategic objective is to facilitate the responsible development of offshore energy resources, balancing economic development with environmental protection.
- The agency is a key driver of the U.S. offshore wind industry, actively conducting lease sales and permitting projects to meet national renewable energy goals.
- BOEM is also exploring new frontiers in offshore resource management, including carbon capture and storage and critical mineral extraction.
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Investment Focus
Technologies
Oil Gas1
Geography
United States1
Key People
Elizabeth Klein
Director
Track Record
14
Years Active
Notable projects: Approval of Vineyard Wind 1 (first large-scale offshore wind project in U.S.), Approval of Coastal Virginia Offshore Wind (CVOW), Record-breaking New York Bight offshore wind lease sale
Detailed Analysis
Technologies
Sectors
Geographies
Deal Stage
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