The U.S. administration last week held a region-wide Gulf of Mexico oil and gas exploration lease sale, in what was the last sale under the Trump administration, and potentially one of the last lease sales overall, as the new President-elect…
The Trump administration on Wednesday will offer all available areas in the Gulf of Mexico for auction to oil and gas companies in its final offshore sale before the January inauguration of President-elect Joe Biden, a Democrat who has pledged to ban new drilling on federal lands and waters…
Bureau of Ocean Energy Management (BOEM), a Department of Interior agency responsible for the management of offshore energy leases, has picked March 2021 for the first U.S. Gulf of Mexico lease sale next year.BOEM will offer 78.2 million acres for a region-wide Gulf of Mexico lease sale…
The U.S. offshore oil and gas regulator BOEM said Thursday it would offer longer terms for the Gulf of Mexico oil and gas exploration blocks in certain depths, in its region-wide offshore lease sale slated for November. The sale will include…
As part of its 2017-2022 offshore oil and gas leasing program, the U.S. administration plans to hold a 'region-wide' Gulf of Mexico lease sale in November 2020. The lease sale was originally expected to be held in August but due to the oil and gas market downturn…
Alaskan officials on Monday approved BP Plc's sale of its oil and gas leases in the state to closely held Hilcorp Energy Co. as part of a previously announced $5.6 billion deal.BP last year agreed to sell its Alaskan properties, including interests…
Macquarie's Green Investment Group (GIG) and Scottish offshore wind developer Renewable Infrastructure Development Group have partnered to compete in the next round of leasing for offshore wind development in Scotland, they said on Monday.ScotWind…
Crown Estate Scotland (CES) has appointed global engineering and consultancy firm Arup as specialist reviewers for ScotWind Leasing, the new leasing round for offshore wind projects.Arup will work together with CES to finalize the approach to evaluating applications from developers…
Dutch oil and gas services firm SBM Offshore on Thursday raised its full-year core profit and revenue outlook on better-than-expected performance in its turnkey division.For 2019, SBM Offshore now expects earnings before interest, tax, depreciation…
Floating offshore wind technology company Ideol and offshore wind farm developer and operator Elicio have joined forces to co-develop floating wind projects in Scottish waters and are preparing to bid for a site to develop at the upcoming ScotWind leasing round…
The Crown Estate, which acts as manager of the seabed around England, Wales and Northern Ireland, has hosted a Round 4 bidders day to give offshore wind developers further insight into how it will run the 7GW seabed rights auction.More than…
Crown Estate Scotland has delayed the launch of the ScotWind offshore wind leasing round until after the publication of Marine Scotland’s draft Sectoral Marine Plan (SMP).Aligning timescales with the SMP will help to ensure maximum transparency…
US-based ocean energy solutions company Ocean Power Technologies (OPT) said it has deployed a PB3 PowerBuoy to serve as an autonomous intelligent platform to provide communications and remote monitoring services for its customer Premier Oil…
The offshore drilling contractor to the oil and gas industry worldwide, Borr Drilling has acquired a new jack-up newbuilding. The acquisition price is nearly half of what it was originally ordered for.The offshore driller informed that the Hull No…
Oil and gas Lease Sale 252 generated $244.3 million in high bids for 227 tracts covering 1,261,133.85 acres in federal waters of the Gulf of Mexico (GoM). According to Bureau of Ocean Energy Management data, that’s still way below the $405 million…
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