⛽Notice on Bidding Restrictions for Outer Continental Shelf Oil and Gas
Notice on Outer Continental Shelf Oil and Gas Lease Sales
Summary
Pursuant to the Energy Policy and Conservation Act of 1975 and the Bureau of Ocean Energy Management's (BOEM) regulatory restrictions on joint bidding, BOEM is publishing this list of restricted joint bidders. Each entity within one of the following groups is restricted from bidding with any entity in any of the other groups listed below at Outer Continental Shelf oil and gas lease sales held during the bidding period of May 1, 2025, through October 31, 2025.
Agencies
- Interior Department
- Ocean Energy Management Bureau
Business Impact
$$$ - High
The notice outlines restrictions on joint bidding for offshore oil and gas lease sales, directly affecting companies involved in such operations. Persistent compliance with BOEM regulations is crucial, given that entities are restricted from forming joint bids with specified other groups. This regulatory environment may lead to financial ramifications for bidding strategies and partnerships.