Federal Waters

Exploration & Production , Health, Safety & Environment

BSEE Awards Contracts for Decommissioning

The decommissioned wells are located in the Matagorda Island Area.

August 10, 2023

Exploration & Production , Pipelines

Amplify Approved to Restart Beta Field Operations

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.

April 10, 2023

Energy Transition , Acquisitions & Divestitures

Ørsted to Acquire Full Ownership of Ocean Wind 1 Project

Public Service Enterprise Group has agreed to sell its 25% stake in the development offshore New Jersey to Ørsted for an undisclosed price.

January 18, 2023

Shelf , Acquisitions & Divestitures , Lease Sales

Arena Energy Announces Strategic Gulf of Mexico Acquisition

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.

December 13, 2022

Energy Transition , Lease Sales

Bidding Continues in Historic U.S. Floating Wind Auction Offshore California

The highest bid, so far, is for more than $100 million for a wind lease area offshore central California.

December 6, 2022

Exploration & Production , Legislation

BOEM Reinstates Gulf of Mexico Lease Sale 257

After a roller coaster of events related to the sale, Chevron, Lease Sale 257’s apparent high bidder, is ‘pleased’ with the latest development.

September 14, 2022

Deepwater

Top 12 Recent Gulf of Mexico Discoveries

November 2021: Shell Hits More than 600 ft of Net Oil Pay at Leopard Prospect

November 16, 2021

Exploration & Production , Policy & Regulations , Technology

Trump Administration Encourages Offshore Drilling in Final Energy Push

Agency is considering lower royalties; most GoM facilities are producing at less than 25% capacity.

December 4, 2020

Deepwater

BP and Ithaca Start Production at Vorlich Field in North Sea

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.

November 26, 2020

Exploration & Production , Legislation

Trump Administration Considers Policy Change for Remote Offshore Wells

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.

August 18, 2020