Investing.com -- The U.S. Bureau of Ocean Energy Management has announced plans for a sale of oil and gas drilling rights on 80 acres in the Gulf of Mexico.

The proposed sale is scheduled to take place on December 10, 2025, according to information from the federal agency.

This announcement comes from the Trump administration as part of its energy development initiatives in offshore areas.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.