about 1 year ago
Shell has decided to pause its involvement in the Atlantic Shores offshore wind project in the US, which received federal approval in October 2024, the company’s CFO said during a press call after Shell posted its Q4 2024 financial results on 30 January. In its report for the fourth quarter, Shell i
The northern part of the block was given a new lease number, OCS-A 0549, and named Atlantic Shores North by the lease owners. The US Bureau of Ocean Energy Management initiated the environmental review of the Atlantic Shores North project at the beginning of last year.
The Shell-EDF joint venture also holds rights for lease area OCS-A 0541, which it won in the New York Bight auction in 2022. This lease area is currently referred to by the developer as Atlantic Shores Bight.
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