Talos Energy

Talos Energy founder Tim Duncan has been named executive chairman of newly formed 1947 Oil&Gas, which will focus on acquiring and developing mature, shallow-water assets through its buyout of Renaissance Offshore. The deal is expected to close in Q2 2026.

Updates about global exploration and production activities and developments.

Updates about global exploration and production activities and developments.

Updates about global exploration and production activities and developments.

Updates about global exploration and production activities and developments.

The shallow-water find will be developed using two new platforms, export pipeline with a first-oil target in late 2025.

The contractor will install the flowline and related subsea equipment later this year for the Talos Energy-led development.

The Mexican state oil company turns to the bit in a bid to add meaningful reserves from the deep Mexican Gulf.

After becoming one of the first US independents to go big on CCS less than 3 years ago, Houston-based Talos Energy is making its exit.

The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D.