Talos Energy Inc. strikes oil and gas in Gulf of Mexico; Participates in Sebastian prospect drilling

Talos Energy Inc. strikes oil and gas in Gulf of Mexico; Participates in Sebastian prospect drilling

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 […]

Zama oil field development takes a major step forward with new FEED contract

Zama oil field development takes a major step forward with new FEED contract

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 […]

Talos Energy to acquire QuarterNorth Energy for $1.3bn in major energy sector move

Talos Energy to acquire QuarterNorth Energy for $1.3bn in major energy sector move

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 […]