Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

bp flags up to $5 billion in energy transition writedowns in Q4 update – Oil & Gas 360

January 15, 2026

TotalEnergies partners with BluEnergies on deepwater prospect offshore Liberia

January 15, 2026

TotalEnergies partners with BluEnergies on deepwater prospect offshore Liberia

January 15, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » NOIA maps path for U.S. offshore energy growth
North America

NOIA maps path for U.S. offshore energy growth

omc_adminBy omc_adminOctober 24, 2025No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


The National Ocean Industries Association (NOIA) has released Gulf of America Forward, a new report and digital platform that underscores the Gulf of America/Gulf of Mexico’s critical role as a global leader in offshore energy production, innovation, and national security. The initiative includes a dedicated website and a full report outlining how the U.S. Gulf supports low-carbon energy, job creation, and long-term economic growth across the United States. 


Erik Milito, President of NOIA

“The Gulf of America is not a legacy asset; it’s a strategic platform for America’s energy leadership,” said Erik Milito, president of NOIA. “It gives our nation a crucial edge in a rapidly evolving global energy landscape. With world-class reserves, advanced technology, and a highly skilled workforce, it delivers secure, affordable, and lower-emission energy to Americans and our allies.”

The report highlights that the Gulf currently produces over 15% of U.S. oil, supports more than 400,000 jobs, and contributes $36 billion annually to the nation’s GDP. Offshore revenues also fund critical federal and state programs, including the Land and Water Conservation Fund, while providing some of the world’s lowest-carbon barrels through decades of technological innovation.

Beyond hydrocarbons, Gulf of America Forward spotlights the region’s emerging role in carbon capture and storage (CCS), offshore wind, and hydrogen development, positioning it as a hub for next-generation offshore energy solutions. The report also emphasizes the Gulf’s national security value, citing its infrastructure and shipyards as essential to U.S. maritime strength and energy independence.

NOIA calls for consistent lease sales, streamlined permitting, and forward-looking regulation to ensure the Gulf continues to power U.S. prosperity while advancing global energy innovation.

Top image credited to bp. 



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

Oilfield services jobs edge lower to close 2025, EWTC data shows

January 14, 2026

Kolibri reports improved well performance in Oklahoma’s Tishomingo field

January 13, 2026

Venezuela hurdles show why U.S. supply anchors global markets

January 12, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Citigroup must face $1 billion lawsuit claiming it aided Mexican oil company fraud

July 1, 20077 Views

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20255 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20075 Views
Don't Miss

TotalEnergies partners with BluEnergies on deepwater prospect offshore Liberia

By omc_adminJanuary 15, 2026

TotalEnergies has entered a joint study and application agreement with BluEnergies to advance exploration of…

TotalEnergies partners with BluEnergies on deepwater prospect offshore Liberia

January 15, 2026

Canopy Launches $2 Billion Platform to Scale Circular Textiles as Wood Supply Risks Rise

January 15, 2026

eBay Targets Net Zero by 2045 and Expands SBTi Validated Climate Plan

January 15, 2026
Top Trending

Rolls-Royce Appoints Former bp CSO Ivanka Mamic as New Chief Sustainability Officer

By omc_adminJanuary 15, 2026

Canaccord Acquires Energy Transition-Focused Investment Bank CRC-IB

By omc_adminJanuary 15, 2026

Spain’s climate scientists subjected to ‘alarming’ rise in hate speech, minister warns | Spain

By omc_adminJanuary 15, 2026
Most Popular

The 5 Best 65-Inch TVs of 2025

July 3, 202510 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views

‘Looksmaxxing’ on ChatGPT Rated Me a ‘Mid-Tier Becky.’ Be Careful.

June 3, 20257 Views
Our Picks

Chapo Sees Total LNG Project Restart Within Weeks

January 15, 2026

Chapo Sees Total LNG Project Restart Within Weeks

January 15, 2026

Analyst Explains Why Feb NatGas Contract Collapsed Wednesday

January 15, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.