Exclusive: Oil giants show early interest in US Gulf deepwater field stake, sources say - reuters.com
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Major oil companies are showing early interest in acquiring stakes in a U.S. Gulf of Mexico deepwater field.
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Major oil companies are expressing early interest in acquiring stakes in a U.S. Gulf of Mexico deepwater field, according to sources familiar with the matter. The move reflects ongoing appetite among global energy firms for deepwater production assets despite energy transition pressures and regulatory scrutiny. Deepwater Gulf operations have long been a cornerstone of U.S. oil production, though development timelines and costs are substantial. The specific field and participating companies remain unclear from available details, but any major stake sale would signal confidence in Gulf crude economics. The Trump administration has moved to expand offshore leasing opportunities as part of its broader energy policy agenda.
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