A total of $2.9b in high bids were opened recently at a sale of federal offshore oil and gas leases in the central Gulf of Mexico. Officials say it was the second largest such sale for central Gulf tracts. Seventy-three companies are competing for the tracts. In all there were 1,428 bids on 723 tracts. The bids were opened by the US Minerals Management Service, which manages the leases. Many of the tracts receiving bids were in ultra-deep water, or in depths of 800 meters or greater. Development of such leases can take hundreds of millions of dollars in investments and take years to bring into production. Also drawing continued interest were tracts of 200 meters or less on the shallow Gulf shelf. They are considered prime ground for the development of natural gas deposits deep in the earth. The central Gulf sale has been generally held in March. This year's sale was delayed by a dispute between Louisiana Gov. Kathleen Blanco and the federal Interior Department over the state's share of offshore royalties. In December 2006, Congress agreed to send Louisiana about $13b expected over the first 30 years for storm protection, flood control and coastal restoration projects. [Source: http://www.kwtx.com]
Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that BOEM will offer 38 million acres in the Central Gulf of Mexico for oil and gas exploration and development. Thesale will build on two major Gulf of Mexico lease sales in the last year – a 21 million acre sale held last December and a 39 million acre sale held in June. Proposed Lease Sale 227, scheduled to take place in New Orleans on March 20, 2013
Tropical Storm Barry, the second of the 2001 Atlantic hurricane season, formed in the eastern Gulf of Mexico on Thursday, the U.S. National Hurricane Center said. Barry had maximum sustained winds of 40 mph, barely strong enough to be classified as a tropical storm. Tropical weather systems are given names when top winds reach 39 mph. At 3 p.m., EST, the center of the storm was about 320 miles southeast of the mouth of the Mississippi River at latitude 26.3 north, longitude 84.8 west.
A sale of federal oil and natural gas leases for the Western Gulf of Mexico attracted $115,466,321 million in high bids, Secretary of the Interior Ken Salazar announced. To date this year, the department has offered 55 million acres of U.S. public land – onshore and offshore – for oil and gas development, generating more than $875m in revenues. “The responsible development of oil and gas resources on U.S
BOEM Will Hold Public Hearing in New Orleans on Proposed Oil and Gas Leasing Program. The Bureau of Ocean Energy Management (BOEM) will hold a public hearing in New Orleans on Jan. 11, 2012, to provide an opportunity for the public to comment on the Draft Environmental Impact Statement (DEIS) for the Proposed Outer Continental Shelf (OCS) oil and gas lease sales offshore Texas, Louisiana, Mississippi and Alabama
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the Bureau of Ocean Energy Management (BOEM) today announced that it will hold Gulf of Mexico Central Planning Area (CPA) oil and gas lease sale 231 in New Orleans on March 19, 2014. The sale is the second CPA lease sale and the fourth overall sale under the 2012 – 2017 Outer Continental Shelf Oil and Natural Gas Leasing Program
Tropical Storm Barry veered away from oil and natural gas fields in the Gulf of Mexico on Sunday, but by that point the erratic tempest had already knocked a big dent in U.S. offshore energy production, at least temporarily. Two of the biggest players in the Gulf of Mexico energy industry said that as a precaution against the storm they had suspended large volumes of oil and gas production, which taken together, represent a big slice of total output from the Gulf.
Citing environmental concerns, Florida senators sought to scale back oil and gas drilling plans for a part of the Gulf of Mexico, hoping to push development farther from the state's coast, the Washington Post reported. But the Republican chairman and top Democrat on the Senate Energy and Natural Resources Committee indicated they would press ahead with legislation that would open more of the area to gas development at least 50 miles closer to Florida
Imtech Marine is pleased to announce the addition of two Area Sales Managers to the Radio Holland USA team. Mike Pizer of Houston, and John Schwiering of Ft. Lauderdale recently joined the Radio Holland sales team, adding more than 40 years of navigation and communication experience to the RHUSA sales organization. Radio Holland is a member of the global company Imtech Marine. Recently Imtech Marine announced the expansion of its service network in the USA to a total of 15
Western Gulf of Mexico Lease Sale Yields $133.8 Million in High Bids on Over 652,520 Acres, Only Latest in a Series of Recent Major Offshore Oil and Gas Sales. As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the Department of the Interior’s Bureau of Ocean Energy Management today held Western Gulf of Mexico Lease Sale 229, which offered over 20 millions acres and attracted $133,767
Evolving with the tech since 1945 Beier Radio was established in 1945 as a family business in a garage workshop. In 1945, two-way radios were the most technologically advanced electronics on the market, hence the name Beier Radio. As the technology has evolved, so has the company
Satellite imagery indicates that the center of KAREN is no longer well defined and as a result it is no longer a tropical cyclone. In New Orleans cargo operations continued at Port docks Saturday as Tropical Storm Karen weakened in the central Gulf of Mexico
Area includes approximately 658,000 acres The Bureau of Ocean Energy Management (BOEM) completed the Final Environmental Impact Statement (FEIS) for two proposed oil and gas lease sales in the Gulf of Mexico's Eastern Planning Area. "This analysis evaluates baseline conditions and
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the Bureau of Ocean Energy Management (BOEM) today announced that it will hold Gulf of Mexico Eastern Planning Area oil and gas lease sale 225 in New Orleans
August Auction to offer all Unleased Acreage in Western Gulf of Mexico As part of President Obama’s all-of-the-above energy strategy to continue to expand domestic energy production, Secretary of the Interior Sally Jewell and Acting Assistant Secretary for Land and Minerals
Kirby Corporation ("Kirby") (NYSE:KEX) will announce its 2013 second quarter results at 5:00 p.m. central time on Wednesday, July 24, 2013. A conference call to discuss the results will be held at 10:00 a.m. central time on Thursday, July 25, 2013.
The Edison Chouest Offshore (ECO) global family of companies announced plans to enlarge its fleet and expand its terminal facilities in support of its customer base. New Vessels The Chouest newbuild order book contains more than 40 vessels, a vast majority to be constructed at its four U.S
The Edison Chouest Offshore (ECO) global family of companies, plans to enlarge its fleet and expand its terminal facilities in support of its customer base. The Chouest newbuild order book contains over 40 vessels, a vast majority to be constructed at its four U.S
The Bureau of Ocean Energy Management (BOEM) completed its required evaluation to ensure that the public receives fair market value for tracts leased as part of Central Gulf of Mexico Oil and Gas Lease Sale 227, which was held on March 20, 2013.
The Bureau of Ocean Energy Management (BOEM) announced final details for the Western Gulf of Mexico Lease Sale 233. The sale will take place on August 28 and will cover roughly 20.7 million acres million acres offshore Texas for oil and gas exploration and development.
Equatorial Guinea 's President, Obiang Nguema Mbasogo, called on the Gulf of Guinea heads of state to maintain stronger vigilance and create a maritime security body in order to overcome security and stability issues affecting the zone. President Obiang
The United Nations Security Council called for a comprehensive regional approach to combat the threat of piracy and armed robbery at sea in the Gulf of Guinea, and reiterated its call on Member States to prosecute perpetrators in accordance with international laws.
The Bureau of Ocean Energy Management (BOEM) is preparing a supplemental Environmental Impact Statement (EIS) for proposed Central Planning Area (CPA) lease sales beginning with Lease Sale 235 in the Gulf of Mexico off the states of Alabama, Mississippi and Louisiana
Secretary-General Ban Ki-moon called on Central African leaders to collectively focus on conflict prevention in the subregion and to fight the threats of piracy and armed robbery at sea, as well as other security challenges. “This meeting offers a unique opportunity to find concerted and
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the Department of the Interior’s Bureau of Ocean Energy Management today held Western Gulf of Mexico Lease Sale 233, which offered 20