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LLOG Exploration and Eni Sign an Infrastructure Agreement for the Taggart Development in the ...
LLOG Exploration Company, L.L.C.February 10, 2021 GMT
COVINGTON, La., Feb. 10, 2021 (GLOBE NEWSWIRE) -- LLOG Exploration Offshore, L.L.C. (“LLOG” or the “Company”) and Eni S.p.A. (“Eni”) today announced the signing of an Infrastructure Agreement in the deepwater Gulf of Mexico. The agreement provides LLOG access to Eni S.p.A. (“Eni”) and Marubeni Oil & Gas (USA) LLC’s (“Marubeni” and with Eni, the “Owners”) existing subsea infrastructure connected to the Williams-owned Devils Tower Spar in Mississippi Canyon 773 (the “Spar”) to optimize its development of the Taggart discovery. The agreement provides LLOG a more streamlined, efficient, and cost-effective solution for development while also providing the Owners an opportunity to maximize the value of their existing infrastructure.