The deal includes an option for DEME to acquire the remaining 50% stake within the next five years, indicating a long-term commitment to expanding its offshore wind capabilities.
As the fight over America’s energy future continues, Alaska once again finds itself at the heart of it—caught between oil rigs and caribou herds, national policy and local tradition.
While the administration heralds these moves as steps toward energy independence and scientific integrity, critics warn of potential safety risks and political interference.
Future development in the Mowry Composite system would depend on a mix of federal leasing decisions, permitting processes, market demand, and state-level regulations.
The United States and Saudi Arabia have signed two high-profile agreements on energy cooperation and critical minerals, coinciding with President Trump’s announcement of a $600 billion Saudi investment pledge.
This decision permits the Navajo Transitional Energy Company (NTEC) to extract an additional 39.9 million tons of federal coal and supports 280 full-time jobs.