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TotalEnergies Expands Suriname Presence With 25% Stake in Block 53
ZACKS· 2025-07-01 13:41
Key Takeaways TotalEnergies acquired a 25% interest in Block 53 offshore Suriname from Moeve, joining APA and Petronas. The deal adds to TTE's GranMorgu project, a $10.5B low-emission venture with 750M barrels of resources. TTE will utilize the GranMorgu infrastructure for production increase and the development of new resources.TotalEnergies SE (TTE) announced that it has signed an agreement to acquire the 25% interest held by Moeve (formerly CEPSA) in Block 53, offshore Suriname. Together with Petronas, ...
Talos Energy Announces Enhanced Corporate Strategy
Prnewswire· 2025-06-17 20:15
HOUSTON, June 17, 2025 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company.Mr. Paul Goodfellow, the Company's President and Chief Executive Officer, will provide additional details about the Company's strategy during a conference call scheduled today, Tuesday, June 17, 2025 at 5:30 PM Eastern Time (4:30 PM Central Time). Further details are ...
TotalEnergies Expands U.S. Offshore Footprint by Acquiring New Stake
ZACKS· 2025-06-17 13:10
Key Takeaways TotalEnergies acquired a 25% stake in 40 U.S. offshore leases from Chevron to expand exploration acreage. The deal adds East Breaks, Mississippi Canyon, and Walker Ridge blocks to TTE's U.S. offshore portfolio. It is in sync with TTE's strategy of filling Exploration portfolio with low-cost and low-emission options. TotalEnergies SE (TTE) announced the acquisition of a 25% working interest in a portfolio of exploration leases Offshore U.S. from Chevron Corporation (CVX) . This deal would inc ...