Moratorium Off Florida Coast

Monday, April 30, 2001
In addition to the annual Central Gulf lease sales, the Minerals Management Service, part of the U.S. Interior Department, also holds an annual lease sale in the Western Gulf.

Lease sales in the Central Gulf typically attract more bids than those in the Western Gulf because the region is richer in oil and gas and more discoveries have been made there.

Shallow water drew most attention in the latest Central Gulf lease sale, with bids received on 338 blocks in depths up to 656 ft.. High bids totaled $167.5 million.

Bids were received on 157 blocks in depths of over 2,624 ft., with high bids totaling $274.2 million.

Companies also bid on 52 blocks in intermediate depths, with high bids amounting to $63.7. million. — (Reuters)


Contracts

Banks Halt Support for Hanjin

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Austal Dives into Loss

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Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

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Offshore

Esvagt Makes Vestdavit MissionEase First Choice for Mission Bay

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DNV GL Backs John Laing on First Offshore Wind Investment

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GoM Operators Evacuating Ahead of Storm

Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Tropical Depression No. 9.   The Bureau of Safety and Environmental

 
 
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