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INEOS Energy will jointly invest in oil and gas exploration and development opportunities in the Gulf of Mexico.
INEOS Energy will jointly invest in Gulf of Mexico oil and gas opportunities with Shell Offshore.
KEY POINTS
- 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
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