For Immediate Release: Thursday, June 27, 2013
Contact: Nicolette Nye, (202) 465-8463, firstname.lastname@example.org
NOIA Hails Passage of OCS Transboundary Hydrocarbon Agreements Authorization Act
Washington, D.C. – NOIA President Randall Luthi today issued the following statement hailing passage of the Outer Continental Shelf Transboundary Hydrocarbon Agreements Authorization Act:
“NOIA congratulates the House of Representatives for passing the Outer Continental Shelf Transboundary Hydrocarbon Agreements Authorization Act. This bill demonstrates the vision of many leaders, including Chairman Hastings and Congressman Duncan, toward working with our great energy partner, Mexico, in providing a path forward for cooperative and safe development of oil and natural gas in the deepwater Gulf of Mexico, as endorsed by the Obama administration. Working with Mexico, much like working with our Canadian neighbors to the north, establishes economic stability and growth, further strengthening ties with two of our largest trading partners. In the end, it means more energy security, more jobs and more economic benefit for both countries. We strongly urge the Senate to follow suit.”
NOIA is the only national trade association representing all segments of the offshore industry with an interest in the exploration and production of both traditional and renewable energy resources on the nation’s outer continental shelf. NOIA’s mission is to secure reliable access and a fair regulatory and economic environment for the companies that develop the nation’s valuable offshore energy resources in an environmentally responsible manner. The NOIA membership comprises about 300 companies engaged in business activities ranging from producing to drilling, engineering to marine and air transport, offshore construction to equipment manufacture and supply, telecommunications to finance and insurance, and renewable energy.