BOEM to Sell 78.2 MM Acres in Latest Lease Sale
The Bureau of Ocean Energy Management (BOEM) is offering around 78.2 million acres of oil and gas exploration land for a region-wide Gulf of Mexico lease sale scheduled for March 2021.
The Bureau of Ocean Energy Management (BOEM) is offering around 78.2 million acres of oil and gas exploration land for a region-wide Gulf of Mexico lease sale scheduled for March 2021.
Nada Boustani, Lebanon’s Energy Minister, announced on January 13 that the deadline for submitting the applications in the second licensing round for oil and gas exploration has been extended.
Apache Corporation ‘s President and CEO, John J. Christmann, said that the firm has plans to increase investments in Egypt through using cutting-edge oil and gas exploration technologies, citing Ahram Online.
The tender is expected to include from eight to 12 concession blocks, including areas in the Western Desert, the Gulf of Suez, and the Eastern Desert, where crude oil is expected be found.