Gulf of Mexico oil and gas auction ends with $279.4 million in high bids

Dec 10 (Reuters) - The Trump administration's sale of oil and gas leases in the Gulf of Mexico ended with $279.4 million in high bids, Interior Department officials said at the conclusion of a livestreamed auction held on Wednesday.

BP BP.L, Chevron CVX.N and Shell SHEL.L were among the top bidders at the U.S. government's first sale of oil and gas drilling rights in the Gulf since 2023.