Amplify Energy’s approval to restart operations comes a month after the company reached a settlement with shipping companies over damage claims that lead to the San Pedro Bay Pipeline oil spill in October 2021.
Public Service Enterprise Group has agreed to sell its 25% stake in the development offshore New Jersey to Ørsted for an undisclosed price.
Arena Energy said its acquisition includes a majority interest in two of the largest fields in the shallow water Gulf of Mexico in Eugene Island 330 and South Marsh 128.
The highest bid, so far, is for more than $100 million for a wind lease area offshore central California.
Agency is considering lower royalties; most GoM facilities are producing at less than 25% capacity.
BP and Delek Group-owned Ithaca Energy have started oil and gas production at the Vorlich field in Britain's central North Sea, the companies said on Thursday.
The U.S. government is considering changes to policies for oil companies operating in the offshore Gulf of Mexico that might allow existing platforms to lengthen extensions to remote wells.