Talos Energy Inc. (NYSE: TALO) has revealed a major oil discovery with its Ewing Bank 953 well, located in the prolific U.S. Gulf of Mexico. The well, which has been a key focus of the company’s exploration strategy, encountered approximately 127 feet of net pay in the target sand at a true vertical depth (TVD) […]
Talos Energy Inc. (NYSE: TALO) has announced a significant discovery of commercial quantities of oil and natural gas at its Ewing Bank 953 well, located in the U.S. Gulf of Mexico. In a separate development, Talos Energy is also participating in the drilling of the Sebastian prospect in the Mississippi Canyon Block 387 of the […]
The Zama Unit partners, consisting of Wintershall Dea, Pemex (operator), Talos Energy, and Harbour Energy, have awarded a pivotal Front-End Engineering and Design (FEED) contract to the French engineering firm DORIS. This significant contract involves the design and planning of offshore platforms, extensive pipeline networks, and a new onshore facility at the Dos Bocas Maritime […]
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) has been awarded a substantial contract by Talos Energy for the Sunspear development in Green Canyon Block 78, located in the Gulf of Mexico. The contract, valued between $50 million and $150 million, involves the subsea tie-back of a production well at Sunspear to the Prince platform, […]
In a significant move within the energy sector, Talos Energy Inc. (“Talos”) (NYSE: TALO) announced the execution of definitive agreements to acquire QuarterNorth Energy Inc. (“QuarterNorth”) for $1.29 billion, a transaction expected to reshape the dynamics of deepwater exploration in the Gulf of Mexico. The deal, which involves a mix of stock and cash, is […]
US oil and gas company Talos Energy has agreed to acquire 16 assets from affiliates of Castex Energy 2005 in the US Gulf of Mexico (GOM) Shelf core area for $65 million in a stock cum cash deal. Castex Energy 2005 had come out of bankruptcy in 2018 and is presently controlled by prior first […]
Energy acquisition news : US oil companies Talos Energy and Stone Energy have reached a deal to combine into an offshore-focused exploration and production company with an enterprise value of $2.5 billion. Texas-based Talos Energy will acquire Stone Energy which is based in Louisiana in what will be an all-stock transaction, as per the latest […]