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BOEM reinstates US Gulf of Mexico Lease Sale 257 according to recent agreement

September 15, 2022 Comments Off

In keeping with the US’ recently approved Inflation Reduction Act, the federal Bureau of Ocean Energy Management has accepted 307 highest valid bids from that agency’s Lease Sale 257 in the Gulf of Mexico totaling $190 million, BOEM said Sept. 14. BOEM held the sale in November 2021 although a federal judge had invalidated the results last February – the…