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Thursday, December 11, 2025

BP, Chevron Top List of Oil Companies to Win New Drilling Leases in Gulf of America

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An oil and gas drilling platform stands offshore near Dauphin Island, Ala., in the Gulf of America on Oct. 5, 2013. Steve Nesius/ReutersBP, Chevron, and the Australian oil and gas company Woodside Energy were the top bidders for the Trump administration’s first sale of offshore oil and gas drilling rights in the Gulf of American on Wednesday.The Bureau of Ocean Energy Management, part of the Interior Department, offered about 15,000 unleased blocks across the western, central, and eastern gulf in the first offshore federal lease sale since 2023.

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