Statoil the Winner of US Federal Lease Auction for Wind Area Offshore of New York

Statoil said Dec. 16 that it has been declared the provisional winner of the U.S. government’s wind lease sale of 79,350 acres offshore New York. Statoil will now have the opportunity to explore the potential development of an offshore wind farm to provide New York City and Long Island with a significant, long-term source of renewable electricity.