Spain’s Repsol is selling half its Gulf oil project to Talos Energy, a US company

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Spain's Repsol is selling half of its Gulf oil project, including the promising Block 29 offshore oil fields, to US-based Talos Energy. These fields contain more than 200 million barrels of recoverable oil-equivalent resources.

The Block 29 offshore oil fields in question are especially promising, as they include the Polok and Chinwol oil discoveries estimated to contain more than 200 million barrels of oil-equivalent recoverable resources, as well as other exploration prospects. The post Spain’s Repsol is selling half its Gulf oil project to Talos Energy, a US company appeared first on Mexico News Daily