Marine Link
Tuesday, January 23, 2018

NOIA Optimism on Gulf of Mexico Oilfield Sales

Maritime Activity Reports, Inc.

June 18, 2012

Trade Association NOIA, representing America's Offshore Energy Industry, sees a postive trend in the Gulf of Mexico offshore industry

NOIA President Randall Luthi issued the following statement in advance of the forthcoming Central Gulf of Mexico Consolidated Lease Sale 216-222:

Overall, compared to the last two years, we are seeing a positive trend for the offshore industry in the Gulf of Mexico, and we are looking forward to Wednesday’s lease sale with cautious optimism.

“Not only is this the first Central Gulf of Mexico sale in two years and the last lease sale in the current five year OCS leasing plan, but the 2012-2017 plan is not yet out, so it is unclear when the next Central Gulf sale will occur.

These factors likely point to pent-up demand and interest in leases.  If you consider a few big discoveries in the Central Gulf over the past few years, such as Chevron’s Hadrian discovery and BP’s Tibor and Kaskida discoveries in deepwater and McMoran’s Davey Jones discovery in shallow water, there may be heavy interest in both deepwater and shallow water blocks.


Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News