Oil major Premier Oil has announced a further well test success at its Zama discovery off the coast of Mexico.
Talos Energy and partner Premier Oil have announced a successful appraisal well at the huge Zama discovery offshore Mexico.
Talos Energy has struck a deal to buy Whistler Energy II, a company with current production of 1,900 barrels of oil equivalent per day, for £40 million.
Talos Energy last night announced oil production from the Mt. Providence well, approximately 60 days ahead of the originally scheduled completion date in early September.
The US government is investigating the death of an offshore oil and gas worker on a Gulf of Mexico platform operated by Houston's Talos Energy.
Houston offshore oil and gas company Talos Energy will acquire Louisiana-based Stone Energy in a near-$2 billion merger.
Mexico will delay its next offshore oilfield auctions by a month, giving international bidders more time to evaluate recent major crude discoveries that highlight the potential value of the assets.
The discovery of a new 1billion barrel field in the Gulf of Mexico caused a ripple in the oil sector yesterday.