Search results for: Lease Sale 247

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  • 28 June 2017

    The U.S. Bureau of Ocean Energy Management (BOEM) completed its required evaluation of offers received for offshore blocks in Central Gulf of Mexico Oil and Gas Lease Sale 247, held on March 22, 2017. The sale offered 9,118 unleased blocks, covering 48 million acres. During Sale 247, 28 companies participated in submitting 189 bids on 163 […]

  • 23 March 2017

    Norwegian oil major Statoil has expanded its international offshore acreage portfolio by taking part in offshore lease sales in the UK and the US. In the U.S., the company was deemed the high bidder on 13 leases in the central region Gulf of Mexico lease sale 247, which took place on Wednesday, March 22. The […]

  • 22 March 2017

    The U.S. Department of Interior and the Bureau of Ocean Energy Management (BOEM) will on Wednesday hold a lease sale offering 48 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development. BOEM said that Lease Sale 247, which includes all unleased and non-protected areas in the Central Gulf of Mexico […]

  • 23 December 2016

    The U.S. Bureau of Ocean Energy Management (BOEM) 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 Gulf of Mexico Central Planning Area.  BOEM said on Thursday that the lease sale comes […]

  • 15 September 2016

    The U.S. Bureau of Ocean Energy Management (BOEM) will offer approximately 47 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. BOEM said on Wednesday that the proposed Central Gulf of Mexico Lease Sale […]

  • 23 March 2017

    A total of 28 offshore oil and gas companies took part in the latest offshore lease sale offering acreage in the central part of the U.S. Gulf of Mexico. The Lease Sale 247, first under the Trump administration, garnered $274.8 million in high bids for 163 tracts covering 913,542 acres in the Central Planning Area […]

  • 20 June 2018

    Byron Energy has been awarded three more blocks by BOEM in the Gulf of Mexico following four blocks awarded to the company earlier this month.

  • 7 March 2017

    U.S. Secretary of the Interior Ryan Zinke said on Monday that the Department would offer 73 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development. The proposed region-wide lease sale is scheduled for August 16, 2017, and will include all available unleased areas in federal waters of the […]

  • 29 February 2016

    Polarcus, an offshore geophysical company, on Monday reported a net loss for the fourth quarter of 2015 due to impairment charges, as well as lower revenues driven by decrease in both contract and Multi-Client revenues. Polarcus’ net loss, after impairments of $247.4 million, was $287.3 million in 4Q 2015 compared to a net loss, after impairments of […]

  • 26 March 2018
    Business & Finance

    COSCO Shipping Ports ended 2017 on a high note, having more than doubled its profit.

  • 8 August 2013
    Business & Finance, Operations & Maintenance

    SBM Offshore has made good operational progress, with underlying financial results ahead of the expectations. The Company continues to be on track in resolving its legacy issues. Directional Backlog reached a record level of US$22.4 billion including contracts for FPSOs Cidade de Maricá and Cidade de Saquarema for Petrobras, the Company‟s largest orders to-date. Oil […]

  • 26 October 2012

    Noble Energy reported third quarter 2012 net income of $221 million, or $1.23 per share diluted, and net income from continuing operations(1) of $164 million, or $0.91 per share diluted. Excluding the impact of unrealized commodity derivative losses and certain other items, third quarter 2012 adjusted net income from continuing operations was $167 million, or […]

  • 26 October 2012
    Business & Finance

    Noble Energy, Inc. reported third quarter 2012 net income of $221 million, or $1.23 per share diluted, and net income from continuing operations of $164 million, or $0.91 per share diluted. Excluding the impact of unrealized commodity derivative losses and certain other items, third quarter 2012 adjusted net income from continuing operations was $167 million, […]

  • 11 May 2016
    Business & Finance, Project & Tenders

    Castex Offshore, a mid-sized, U.S. based oil company, operating the Hummer project in the U.S. Gulf of Mexico, has been re-awarded the Main Pass Block 274 lease offshore Louisiana. According to Petsec Energy, Castex’s partner in the Hummer development, the latest lease award falls within an Area of Mutual Interest (AMI) for the Hummer Project participants, and […]

  • 17 July 2014
    Business & Finance, Project & Tenders

    Aker Solutions is on track with a plan to split into two companies at the end of September, including one that will keep the current name and be comprised of the Subsea, Umbilicals, Engineering, and Maintenance, Modifications and Operations (MMO) areas. Pro forma second-quarter revenue for the new Aker Solutions rose to NOK 8.1 billion […]

  • 17 July 2014
    Business & Finance, Operations & Maintenance

    Aker Solutions is on track with a plan to split into two companies at the end of September, including one that will keep the current name and be comprised of the Subsea, Umbilicals, Engineering, and Maintenance, Modifications and Operations (MMO) areas. Pro forma second-quarter revenue for the new Aker Solutions rose to NOK 8.1 billion […]

  • 24 August 2016

    U.S. Bureau of Ocean Energy Management (BOEM) on Wednesday held a lease sale offering acreage in 4399 blocks across 23.8 million acres million in the Gulf of Mexico, offshore Texas. The Lease Sale 248, as it was officially called, attracted 24 bids from only three oil and gas exploration companies which took part in the bidding round, BHP […]

  • 24 August 2016

    US Bureau of Ocean Energy Management (BOEM) will on Wednesday host a lease sale offering 23.8 million acres in federal waters offshore Texas for oil and gas exploration and development. What makes this lease sale special is the fact the it will be broadcast live on the internet. BOEM has said that the intention behind […]

  • 7 July 2017

    The U.S. Bureau of Ocean Energy Management (BOEM) has decided to set the royalty rate at 12.5 percent for leases located in water depths less than 200 meters in the proposed Gulf of Mexico (GOM) Sale 249. BOEM said on Thursday that the new rate was lower than the 18.75 percent royalty rate for shallow […]

  • 9 December 2015
    Business & Finance

    Brazilian mining company Vale S.A. (Vale) and a consortium led by ICBC Financial Leasing, a wholly-owned subsidiary of the Industrial and Commercial Bank of China, have concluded the sale and purchase of four very large ore carriers of 400,000 tons deadweight owned and currently operated by Vale. The transaction totaled in USD 423 million. Vale […]

  • 20 September 2019

    Corallian Energy has been awarded exclusive licenses over seven blocks and part blocks in the Inner Moray Firth (IMF) part of the UK Continental Shelf.

  • 8 February 2013
    Business & Finance

    As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau yesterday announced that Central Gulf of Mexico Lease Sale 227 will offer 38.6 million acres offshore Louisiana, Mississippi, and Alabama […]