The National Ocean Industries Association issued a statement after U.S. Secretary of the Interior Doug Burgum announced the next steps in a new offshore oil and gas leasing program.
NOIA President Erik Milito stated:
“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 $33 billion 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.”
This article was originally posted at www.worldoil.com
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