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Graves, Scalise announce Louisiana to receive nearly $110 million in offshore energy revenues

BIC Magazine
April 1, 2021
U.S. Congressmen Garret Graves and Steve Scalise announced that Louisiana will receive aÂ
$109,948,761 shareÂ of nearly $249 million in the FY 2020 Gulf of Mexico Energy Security Act (GOMESA) energy revenues that the four Gulf oil and gas producing states will receive. Of the revenues, the State of Louisiana will receiveÂ
$87,959,009.28Â while the coastal parishes receiveÂ
$21,989,752.31.
âEvery single penny of this funding will be invested in our flood control, coastal restoration, and hurricane protection. But at the end of the day, as great of news as this is, the focus needs to remain on the current trajectory of President Bidenâs policies that stop future domestic energy production and pose a threat to our communities â whether that be the increased risk of flooding, the accelerated erosion of our coast, or the displacement of our local jobs,âÂ ....

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Keppel says goodbye to rig business, pivots to clean energy

Keppel says goodbye to rig business, pivots to clean energy
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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Hot stock: Keppel slides 7% after rigbuilding exit, pivot to clean energy

SHARES of Keppel Corporation sank to a two-month low on Friday after the conglomerate on Thursday unveiled a radical reboot to exit the rig business and pivot to clean energy. Read more at The Business Times. ....

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Keppel O&M, Borr Drilling defer delivery of five jackup rigs for the second time

KEPPEL Corp announced on Thursday that its wholly-owned subsidiary Keppel Offshore & Marine (Keppel O&M) had entered into a second framework deed with Borr Drilling to defer delivery of five jackup rigs to 2023. Read more at The Business Times. ....

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Broker's take: Look out for privatisations in small-cap space, says CGS-CIMB

Broker's take: Look out for privatisations in small-cap space, says CGS-CIMB
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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