Market Chatter: TotalEnergies, Shell, Others Show Early Interest in US Gulf Deepwater Field Stake

MT Newswires Live

04/06

TotalEnergies (TTE), Shell (SHEL), BP (BP) and Chevron (CVX) are among the companies interested in acquiring a stake in the Shenandoah offshore field in the US Gulf region, Reuters reported Thursday, citing unnamed sources.

Two of the project's owners recently launched a sale process for their stakes, offering potential suitors 51% of the project, three unnamed sources told the news agency. Initial bids are likely to be filed in coming weeks, Reuters reported.

The selling duo are Blackstone-backed (BX) Beacon Offshore Energy and HEQ Deepwater, according to the report.

TotalEnergies, Shell, BP, CVX, Blackstone, and Beacon Offshore didn't immediately respond to MT Newswires' requests for comment, while attempts to reach HEQ were unsuccessful.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Accuracy is not guaranteed.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2237443549.SGD","symbol_name":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2625673346","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2625673346","pubTimestamp":1775468116,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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