Sen. Bill Cassidy

Bill introduced to amend offshore OCS revenue sharing

In January 2017, BP started up the Thunder Horse South Expansion in the deepwater Gulf of Mexico, a major project that added a new subsea production system roughly two miles to the south of the existing Thunder Horse platform. BP photo.

U.S. Senators Bill Cassidy, R-La., and Lisa Murkowski, R-Alaska, introduced a bill (S. 2418) last week to amend the Gulf of Mexico Energy Security Act of 2006 (GOMESA).

The Conservation of America’s Shoreline Terrain and Aquatic Life (COASTAL) Act legislation would modify the current offshore energy revenue sharing program in the Gulf and create a new revenue sharing program for future offshore energy production in Alaska.

Cassidy and Murkowski were joined in introducing the legislation by U.S....

https://www.workboat.com/news/offshore/bill-introduced-to-amend-offshore-ocs/

Legislation introduced to strengthen small shipyard grant standards

Legislation as been introduced to keep equipment not made in te U.S. from being a part of any small shipyard grant. Ken Hocke photo

U.S. Sen. Tammy Baldwin, D-Wis., recently introduced the bipartisan Strengthening Buy America for Small Shipyard Grants Act to strengthen Buy America requirements for federal Small Shipyard Grant funding to support U.S. businesses, manufacturers and workers. The bill is co-sponsored by Sen. Bill Cassidy, R-La.

While Buy American requirements already apply to the Small Shipyard Grant Program, there is a loophole in the Maritime Administration’s rules for commercially available, off-the-shelf...

https://www.workboat.com/news/shipbuilding/legislation-introduced-to-strengthen-small-shipyard-grant-standards/