- Hess : Llano-6 Well, Gulf of Mexico, euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.
W&T Offshore Inc. s shares traded 17% higher after the oil and gas producer reported Q2/22 financial results featuring a 106% YoY increase in revenue. The company noted it has been successful in increasing its proven reserves, reducing net debt levels, and is continuing to focus on generating free cash flow for shareholders.
Shell is looking to sell its interest in two operating oil and gas projects in the U.S. Gulf of Mexico, which the supermajor hopes could fetch a total of $1.5 billion
Equinor has agreed to sell to supermajor Shell 51 percent of its interest in the North Platte deepwater development project in the U.S. Gulf of Mexico.