NOIA Statement on Trump’s SOTU Address

Wednesday, February 6, 2019

Increase Access to All Offshore Energy Sources for American Energy Greatness.

National Ocean Industries Association (NOIA) President Randall Luthi issued this statement following President Trump’s State of the Union address:

“In his second State of the Union address, President Trump reiterated his bold vision for American energy dominance in conjunction with facilitating new energy infrastructure.  NOIA applauds the Administration’s efforts to date toward achieving American Energy Dominance and supports the hard work that remains to be done to continue our American energy revolution.  

“The Administration initiated regulatory and tax reforms that are allowing more U.S. companies, including those in the offshore energy industry, to create American jobs, safely produce affordable American energy and compete globally.

“Recognizing that American energy dominance can only be achieved with a comprehensive all-of-the above energy policy, the Administration also initiated a Draft National Offshore Oil and Gas Leasing Program to maximize access to federal offshore areas. NOIA and our member companies look forward to providing meaningful feedback upon the release of the Proposed Program. The eventual Final Program, if fully realized, could create hundreds of thousands of new jobs, generate billions in new federal, state and local revenue and deliver affordable and reliable energy produced here in the U.S. under the toughest safety and environmental standards in the world.

“Finally, NOIA calls on the Administration to continue its record-breaking work towards building a robust U.S. offshore wind industry. Offshore wind is proving to be a bipartisan policy solution that is creating new jobs, stimulating economic development and generating revenue to the federal government while working synergistically with America’s strong offshore oil and gas industry. In order to secure America’s energy and economic future, we need an all-of-the-above energy policy that supports the development of geographically diverse offshore energy resources, both traditional and renewable.”

Categories: Energy People Offshore Energy Drilling Activity

Related Stories

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

Lamprell Secures ONGC Deal for Subsea Pipeline Replacement Project

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Dolphin Drilling, Vantris Ink Marketing Deal for Blackford Dolphin Semi-Sub

Saipem Agrees $272M Deal to Acquire Deep Value Driller Drillship

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

Current News

CNOOC Names New CEO

Qatar LNG Exports Cut 17% After Missile Strikes, $20B Revenue Loss Expected

China’s Sinopec Plans to Skip Iranian Oil, Tap Strategic State Reserves

IEA Weighs Further Oil Stock Releases as War on Iran Continues

ADNOC Gas Adjusts LNG Output Amid Hormuz Disruptions

US Oil Shield Starts Showing Cracks as Iran War Drives Prices Higher

US to Deploy Amphibious Assault Ship, Marines to Middle East

Indian Gas Tankers Prepare to Sail Through Strait of Hormuz

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com