The US Bureau of Ocean Energy Management has announced plans for its third offshore oil and gas lease sale in the Gulf of America under the One Big Beautiful Bill Act, scheduled for August 12, 2026, Reuters reported on Wednesday. The proposed BBG3 lease sale will offer around 15,066 blocks covering 80.4 million acres (more […]
“The Argos expansion underpins our commitment to investing in America, growing our US offshore energy production safely and efficiently,” Andy Krieger, BP’s senior vice president for the Gulf of America and Canada, said. “This project also kicks off a period of significant growth for BP in the Gulf of America, which will continue to play a critical role in delivering secure and reliable energy the world needs today and tomorrow”.