Gulf of Mexico, lease, sale, BOEM, western, oil, gas, Exxon Mobil, BHP Billiton, BP, bid

The lease sale generated just more than $18 million in bids.

The acquisition strengthens Blackeagle's existing Texas operations and puts the company at 'the epicenter of the nation's largest oil producing region.'

Sembcorp Marine agreed to buy the 15% of PPL Shipyard that it did not already own for about $115 million from PPL Holdings and E-Interface Holdings, Reuters reported.

The deal was automatically terminated after the Angolan government did not give the approvals within one year, Cobalt said on Aug. 23.

On Aug. 23, Australian explorer, FAR Ltd., ConocoPhillips' partner in the Senegal offshore field, said Conoco failed to comply with the terms of their joint operating agreement as it relates to the proposed sale of its stake.

The Oman 44 Project is an onshore natural gas and condensate field with an average output of 19 million cubic feet per day of natural gas and 904 barrels per day of condensate in the second quarter of 2016.

The U.S. oil major—the country's largest oil and gas producer, supplying more than one-third of its natural gas demand—operates several E&P blocks in the Gulf of Thailand.

Energean will buy Texas-based Noble Energy's 47.06% stake in the Tanin and Karish fields and the rest from Delek subsidiaries Avner Oil Exploration and Delek Drilling, Avner said in a statement on Aug. 17.

The newly acquired permits are all immediately adjacent to the Potash Restriction Zone.

Siccar Point also announced on Aug. 16 the appointment of former BG Group CEO Chris Finlayson as chairman, Reuters reported.

Analysts have said a 25% stake in the Zohr Field, the Mediterranean’s biggest, could fetch up to 2 billion euros (US$2.24 billion).

Egypt’s government has approved five oil and gas drilling and exploration agreements with foreign companies ahead of parliament’s final approval, Petroleum Minister Tarek El Molla said Aug. 10.

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