US finalises offshore oil lease sales in Gulf of Mexico and Alaska
The BOEM confirmed the sale as part of a broader plan required by the OBBA.
10 November 2025
10 November 2025
The BOEM confirmed the sale as part of a broader plan required by the OBBA.
The move represents a shift from the country’s previous practice of only procuring LNG during periods of high demand.
The well, also known as Natrudstilen, was drilled using the Deepsea Stavanger rig to a vertical depth of 4,327m below sea level.
Moscow-based Lukoil faces pressure to divest its foreign holdings by 21 November.
This announcement came just hours after a meeting between Hungarian Prime Minister Viktor Orban and US President Donald Trump.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.