GoM Offshore Platforms Evacuated Ahead of Hurricane
Energy companies on Monday halted nearly a fifth of Gulf of Mexico oil production and evacuated staff from 10 platforms as Hurricane Michael intensified and headed for a path up the eastern U.S. part of the Gulf.BHP Billiton, BP, Equinor and Exxon Mobil Corp were evacuating personnel…
Record-size US Offshore Oil Lease Sale Draws Modest Bidding
Oil and gas drillers bid modestly on Gulf of Mexico acreage in the largest lease sale in American history on Wednesday, dealing a setback to the Trump administration's efforts to rapidly pump up investment in the region. The Interior Department had offered up a record 77 million acres…
Record U.S. Oil Offshore Lease Sale to Test Trump Energy Push
The U.S. Interior Department will hold the largest lease sale in American history in the offshore Gulf of Mexico on Wednesday, in a major test of the oil industry’s appetite for federal acreage being offered by the Trump administration. The auction of more than 77 million acres (31.2…
ConocoPhillips Withdraws Workers From GoM Ahead of Nate
ConocoPhillips said on Friday it is evacuating non-essential personnel from its Magnolia oil platform in the central Gulf of Mexico ahead of Tropical Storm Nate. It joined other oil companies that have reduced staff or curtailed production on offshore platforms over the past day.
Energy Industry Says 'No Thanks' to Trump Offer of Marine Sanctuaries
In a bid to boost energy development, U.S. President Donald Trump’s administration is considering shrinking or eliminating 11 marine sanctuaries designed to protect 425 million acres of coral reefs, marine mammal habitats and pristine beaches. The review is part of a broader strategy…
US to Offer 48 Mln Acres in Next Gulf Lease Sale
The U.S. Department of Interior and the Bureau of Ocean Energy Management will conduct a lease sale on Wednesday, March 22, 2017, offering 48 million acres in federal waters offshore Louisiana, Mississippi and Alabama for oil and gas exploration and development. Lease Sale 247, which…
BOEM Oil and Gas Lease Sale: 48m Acres
The Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced the bureau will offer more than 48 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development, in a lease sale that will include all available unleased areas in the Central Planning Area (CPA).
Central Gulf of Mexico Acreage up for Grabs - BOEM
As part of the Obama Administration's continued commitment to safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper today announced the bureau will offer approximately 47 million acres offshore Louisiana, Mississippi…
BOEM Proposes O&G Lease Sale in Gulf of Mexico
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank today announced that the bureau will offer 40 million acres offshore Louisiana…
EnerMech Acquisitions Extend its Presence in US, Africa
Oil and gas engineering specialist, EnerMech, has extended its international presence in the cranes and lifting and valves sectors with two acquisitions in the USA and Africa. The combined value of the deals is said to be approximately £4 million and are forecast to add an extra £25 million to group revenues over the next three years.
