Angola’s offshore revival is gaining momentum. ExxonMobil’s Block 15 has delivered its 20th discovery after producing more than 2.7B barrels, as Luanda uses new fiscal terms and exploration incentives to attract drilling. #Angola#Oil#Offshore#Energy
Trump is putting 81M Gulf acres up for oil and gas auction, offering 15,100 offshore blocks. But interest is limited: 12 companies submitted 69 bids covering just 330,000 acres, or 0.4% of the acreage offered. #Oil#GulfOfMexico#Offshore
