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Chevron Acquires 40% Stake in 3 Mexico Deepwater Blocks from Shell

Source: www.gulfoilandgas.com 10/7/2019, Location: South America

Chevron signed an agreement with a unit of Royal Dutch Shell to acquire a 40% stake in three deepwater blocks in the Mexican Gulf that the Anglo-Dutch firm won in auctions under the nation’s energy reform. Shell won approval from Mexico’s oil regulator earlier this year to invest $2.4 billion in a drilling plan that can include up to 13 deepwater wells in Mexico over the next four years.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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