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BHP offloads stake in Neptune field to EnVen Energy Ventures
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BHP Sells GOM Field Stake
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BHP divests oilfield stake in Gulf of Mexico for undisclosed sum
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EnergyBHP divests oilfield stake in Gulf of Mexico for undisclosed sum
Reuters
2 minute read
Miner BHP Group (BHP.AX) sold its 35% stake in Neptune field in Gulf of Mexico to EnVen Energy Corp (ENVN.N) for an undisclosed sum, making the independent oil and gas company one of the largest operators of a major offshore platform.
EnVen already owned a 30% stake in Neptune field, located in the deepwater, central Gulf of Mexico and operated by BHP. The field is also co-owned by energy companies W&T Energy VI and 31 Offshore.
Houston-based EnVen did not respond to Reuters request for comment.
BHP divests oilfield stake in Gulf of Mexico for undisclosed sum
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