Talos Energy Announces Strategic Offshore Mexico Development Farm-In
Talos will pay up to $50 million tied to the deal and next well, while the block holds more than 200 million barrels of oil equivalent, the company said.
8 Articles
8 Articles
Spain’s Repsol is selling half its Gulf oil project to Talos Energy, a US company
Spanish oil company Repsol has agreed to sell half of its Block 29 oil and gas development project in the Gulf of Mexico to Talos Energy. Repsol will bring the U.S. company into its project by selling it a 50% stake in exchange for two payments totaling more than US $50 million. The Block 29 oil exploration area is located in orange on a map by the former owner of the adjacent blocks in yellow. (Wintershall Dea) The transaction is subject to app…
Talos Energy Announces Strategic Offshore Mexico Development Farm-In
HOUSTON, July 27, 2026 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced the execution of a definitive agreement to farm into the Block 29 development offshore Mexico, operated by Repsol, S.A. ("Repsol"). Talos will acquire…
Talos Energy reached an agreement with Repsol to obtain a 50% share in the development of Block 29, an oil company located in the Gulf of Mexico, with which it intends to advance its strategy of expansion in the exploration and exploitation of oil. Through a statement, the company detailed that it allocated 30 million dollars to obtain the participation of the oil facilities. In addition, it indicated that it will contribute a share in cash of u…
El Economista
elperiodicodelaenergia.comRepsol reached an agreement with Talos Energy to introduce U.S. energy into the development of Block 29 (B29) on the Mexican coast.
Repsol has just approved the investment in two wind farms in Illinois that total 816 megawatts (MW), the first of the company in the United States. The decision, communicated in the results of the first half of 2026, adds a new layer to the renewable offensive of the Spanish oil company, which already exceeds 6 GW of operating power and is headed towards 9 GW in 2028. The two projects are located in the state of Illinois. The first, Pike Creek, …
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