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BHP offloads stake in Neptune field to EnVen Energy Ventures

BHP offloads stake in Neptune field to EnVen Energy Ventures
offshore-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-technology.com Daily Mail and Mail on Sunday newspapers.

BHP divests oilfield stake in Gulf of Mexico for undisclosed sum

BHP divests oilfield stake in Gulf of Mexico for undisclosed sum
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BHP divests oilfield stake in Gulf of Mexico for undisclosed sum

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.

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