Gulf Of Mexico News

 

GoM Lease Fetches $159mln in High Bids

Aug 23, 2019

Gulf of Mexico (GoM) Lease Sale 253 in New Orleans generated over $159 million in high bids for 151 tracts covering 835,000 acres in federal waters.Twenty-seven companies participated in the lease sale, submitting approximately $175 million in bids, said Bureau of Ocean Energy Management (BOEM).“We are excited about the results from today’s lease sale, which show a continued upward trend for the year…

NOIA Weighs in on The COASTAL Act

Aug 02, 2019

National Ocean Industries Association (NOIA) Vice President for Government and Political Affairs Tim Charters issued the following statement after the introduction of the Conservation of America’s Shoreline Terrain and Aquatic Life (COASTAL)…

Repsol, LLOG to Partner on Deepwater US Gulf Developments

May 01, 2019

The U.S.-based exploration and production company LLOG Exploration Offshore and  Spanish oil company Repsol announced the signing of an Asset Exchange and Joint Participation Agreement in the deepwater Gulf of Mexico.The agreement provides for…

Current News

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Reliance Reaps Record Profit

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Schlumberger Profit Beats Estimates

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China Crude Runs Hit Record High

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Total Says Geopolitics Hurting Crude Supply

Eni CEO: No Future for Firms Working in Just O&G

Eni CEO: No Future for Firms Working in Just O&G

BP Raises Asian Profile

BP Raises Asian Profile

Partners Plan Floating Wind Farm in South Korea

Partners Plan Floating Wind Farm in South Korea

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