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Chevron in talks to sell Rosebank stake

27 September 2018

US major Chevron has confirmed it is in talks to sell its 40% operating stake in the Rosebank field, offshore West of Shetland

News Release

Private equity's future in US Gulf of Mexico deepwater

19 September 2018

With many Independents and Majors chasing onshore shale and white hot Brazil and Mexico, the US Gulf of Mexico, once the coveted jewel of the oil industry, has become a lower investment priority in recent years. This has opened the space for private equity-backed companies who have stepped up to the plate, turned pennies into dollars and shown they have what it takes to compete.

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