# INEOS Energy will jointly invest in oil and gas exploration and development opportunities in the Gulf of Mexico.

*business · news · 2026-05-05 · MarketScreener*

## Key points

- INEOS Energy will jointly invest in Gulf of Mexico oil and gas opportunities with Shell Offshore.
- INEOS is acquiring a 21% working interest in new Gulf assets, matching its Appomattox stake.
- The partnership's initial focus includes Shell's Fort Sumter discovery and two new exploration wells.
- New exploration targets are within tieback distance to the Appomattox production platform.

**Companies:** Shell, INEOS Energy
**Countries:** United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/ineos-shell-to-jointly-explore-new-oil-and-gas-opportunities-in-gulf-of-mexico-ce7f58dfd18dff20)

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