Vast Offshore Acres Available at BOEM GofM Sale

Press Release
Tuesday, March 19, 2013

The bids are in for the Bureau of Ocean Energy Management’s (BOEM) oil and gas lease sale, New Orleans, Louisiana, March 20, 2013.

Lease Sale 227 offered nearly 39 million unleased offshore acres in the Central Gulf of Mexico Planning Area. BOEM received 407 bids submitted by 47 companies on 320 offshore blocks.
 
This sale encompasses 7,299 blocks and covers roughly 38.6 million acres, located from three to about 230 nautical miles offshore, in water depths ranging from nine to more than 11,115 feet (three to 3,400 meters). BOEM estimates the lease sale could result in the production of 0.46 billion to 0.89 billion barrels of oil, and 1.9 trillion cubic feet to 3.9 trillion cubic feet of natural gas.
 
The Final Notice of Sale details the lease terms and conditions, as well as all the environmental stipulations for this sale and is available here.

Secretary of the Interior Ken Salazar, Acting Assistant Secretary for Land and Minerals Management and BOEM Director Tommy Beaudreau, with
BOEM Gulf of Mexico Regional Director John Rodi, will be present at the sale Wednesday, March 20, 2013
, 9:00 a.m. CDT / 10:00 a.m. EDT at the Mercedes-Benz Superdome 
St. Charles Club Room, 2nd floor
1500 Sugarbowl Drive,
(park Garage 6, enter Gate A)  
New Orleans, Louisiana
 


 

Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

United Heavy Lift Gears up for the Asian Boom

All set to expand its footprint in the South Asian market significantly, Hamburg based, United Heavy Lift (UHL) appointed strategically placed Lexicon Overseas Pvt Ltd.

China Passes New Pollution Law, Will Cap Coal Consumption

Legislators have approved amendments to China's 15-year-old air pollution law that grant the state new powers to punish offenders and create a legal framework to cap coal consumption,

Gazprom, OMV Meet on Establishing Nord Stream JV

At a Meeting held at the Gazprom headquarters between Alexey Miller, Chairman of the Company's Management Committee and Rainer Seele, Chairman of the Executive Board of OMV,

Finance

Optimistic on VLCC Market

Shipbroker Charles R. Weber is quite optimistic on the future prospects of the VLCC market for 2016 onwards.   The demand is expected to remain elevated with

Goldenport Bleeds in Red

Goldenport Holdings Inc reported a net loss of USD14.7 million in the first six months of 2015, significantly wider than the USD1.4 million net loss a year earlier

Strong Returns for Sovcomflot

Russia’s biggest shipping company PAO Sovcomflot (SCF Group) surpassed its own expectations and went forward on both revenue and net profit in the first six months.

Offshore Energy

Obama Defends Arctic Oil Drilling

United States' President Barack Obama defends his decision to allow Royal Dutch Shell to drill for oil in the Arctic Ocean.   He insisted that there was no contradiction

Keppel Acquires Cameron's Rig Business

Singapore's Keppel Offshore & Marine (KOM), via subsidiary, Keppel Offshore & Marine USA  has inked a deal with Cameron International Corporation, a US-based oil and gas solutions provider,

Eni Finds Giant Egyptian Offshore Gas Field

The Italian energy major Eni SpA discovered a “super giant” natural gas field offshore Egypt in what the Italian oil company said is the largest find in the Mediterranean Sea.

 
 
Maritime Contracts Maritime Security Naval Architecture Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.4053 sec (2 req/sec)