ConocoPhillips Australia has initiated the environmental plan as part of the regulatory approval process for the exploration projects, according to 3D Oil's announcement to the Australian Securities Exchange.
UK-headquartered energy giant BP has awarded a long-term, multi-region deal, covering its offshore portfolio, to Wood Plc, a compatriot oilfield services provider. This contract will enable the UK player to support BP’s “efficient and safe” energy production.
Thanks to the provisions stipulated within a new energy bill, which Biden signed into law last month, the Bureau of Ocean Energy Management (BOEM), a U.S. government agency, has reinstated the first oil and gas lease sale, held under the Biden administration, for acreage in federal waters in the Gulf of Mexico.
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