
Talos Energy to Acquire 50% Stake in Mexico’s Block 29
Talos Energy has agreed to acquire a 50% working interest in Block 29 offshore Mexico from Repsol, adding a pre-FID project with more than 200 million barrels of oil equivalent.

Talos Energy has agreed to acquire a 50% working interest in Block 29 offshore Mexico from Repsol, adding a pre-FID project with more than 200 million barrels of oil equivalent.

Repsol is assessing options for its upstream unit ahead of a planned 2026 liquidity event, including a possible reverse merger with APA and other US-listed partners, following preliminary discussions reported by Bloomberg.

Dolphin Drilling has signed a USD 60 million offshore drilling contract with Repsol to deploy its semi-submersible rig Borgland Dolphin for a multi-well campaign starting in late 2026.
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