Players shore up US Gulf presence in lease sale

33 companies take part, placing 159 bids for latest exercise held by BOEM, with regulator citing increased interest in region

Neighbour: the highest bid in the latest lease sale was from Total, which offered $7 million for MC 697, immediately east of the Chevron-operated Blind Faith platform (pictured)
Neighbour: the highest bid in the latest lease sale was from Total, which offered $7 million for MC 697, immediately east of the Chevron-operated Blind Faith platform (pictured)
Published 23 March 2018, 00:00Updated 21 March 2018, 18:37