A high-profile BP plan to drill for oil deep underwater in the Gulf of Mexico moved a step closer to approval on Monday as federal regulators began to process proposed revisions.
The Bureau of Ocean Energy Management, which is part of the Interior Department, posted online Monday that it received a revised proposal from BP for the Kaskida project.
BOEM asked for revisions from the company in late August, and London-based BP responded with changes on Sept. 12, according to a BOEM website. Although much of the federal government has been shut down since Oct. 1 after Congress failed to agree on legislation to keep it operating, BOEM marked the proposal as “deemed” received Monday.
If approved, BP aims to begin drilling in the Kaskida project in 2029 using high-pressure technology that could harvest up to 80,000 barrels of oil per day from the Gulf, which President Donald Trump has renamed the Gulf of America. BP owns 100 percent of the Kaskida project.
