TotalEnergies signs settlement agreements to relinquish U.S. offshore wind leases

Type: Other · Technology: Offshore Wind, Oil Gas, Hydrogen, Other · Country: United States · Announced: 2026-03-23

TotalEnergies SE signed settlement agreements with the U.S. Department of the Interior to relinquish its Carolina Long Bay (OCS-A 0545) and New York Bight (OCS-A 0538) offshore wind leases and will recover the lease fees paid and reinvest an equal amount into U.S. gas and LNG production and exports.

Counterparties

• TotalEnergies SE (Seller)
• United States Department of the Interior (Partner)

Source article

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