BHP to Acquire Additional 28% Stake in Shenzi Oil Field

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Shenzi Deepwater Oil and Gas Field,Gulf of Mexico

BHP Billiton is the operator of the field,with a 44% stake,while Repsol and Hess each have 28% stakes.Shenzi holds an estimated recoverable reserves of between 350 million and 400 million barrels of oil equivalent,although additional potential reserves will be targeted for follow-up development.Previous123456NextBHP Group to Bump Up Stake in Shenzi Oil and Gas FieldOct 07,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;BHP Group BHP recently announced the signing of an agreement with Hess Corporation to acquire the latters 28% interest in Shenzi oil and gas field located in the Gulf of Mexico for $505 million.This move is in sync with the companys plans to augment its petroleum portfolio through targeted acquisitions in high-quality deepwater assets and the continued de-risking of growth options.NewsNow Bhp headlines Every Source,Every Five Minutes Hess to sell stake in Gulf of Mexico field to BHP Billiton for $505m Offshore Technology 16:41 6-Oct-20.BHP to Acquire Additional 28% Stake in Shenzi Oil Field for $505 Million; Target Price GBX 1855 FX Empire 16:29 6-Oct-20.All roads lead to BHP boardroom Australian Financial Review 13:10 6-Oct-20.

News Highlights Top Energy News of the Day Morningstar

Oct 06,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;BHP to Acquire Bigger Stake in Gulf of Mexico Oil and Gas Development BHP Group will acquire an additional 28% interest in the Shenzi oilHess to sell stake in Gulf of Mexico field to BHP Billiton Oil and gas company Hess Corporation has signed an agreement to sell its 28% working interest (WI) in the Shenzi field in the deepwater Gulf of Mexico for a total consideration of $505m.BHP has signed a Membership Interest Purchase and Sale Agreement with Hess to acquire an additional 28% working interest in Shenzi field.Hess to sell stake in Gulf of Mexico field to BHP Billiton Oct 06,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;Oil and gas company Hess Corporation has signed an agreement to sell its 28% working interest (WI) in the Shenzi field in the deepwater Gulf of Mexico for a total consideration of $505m.BHP has signed a Membership Interest Purchase and Sale Agreement with Hess to acquire an additional 28% working interest in Shenzi field.

Hess sells Shenzi stake to BHP in US$505m deal Wood

US-based independent Hess is selling its 28% working interest in the Shenzi field in US Gulf of Mexico to operator BHP.Principal analyst Justin Rostant said The deal price of US$505 million reflects an asset value of US$1.8 billion,right in line with Wood Mackenzies asset value found in our Lens Upstream platform.This indicates both parties received a fair deal.BHP to acquire additional interest in Shenzi Oil Gas BHP has signed a Membership Interest Purchase and Sale Agreement with Hess Corporation to acquire an additional 28% working interest in Shenzi,a six-lease development in the deepwater Gulf of Mexi Shenzi is structured as a joint ownership BHP (Operator,44% interest); Hess (28%) and Repsol S.A.(28%).BHP to acquire additional interest in Shenzi Oil Gas BHP has signed a Membership Interest Purchase and Sale Agreement with Hess Corporation to acquire an additional 28% working interest in Shenzi,a six-lease development in the deepwater Gulf of Mexi Shenzi is structured as a joint ownership BHP (Operator,44% interest); Hess (28%) and Repsol S.A.(28%).

BHP to acquire Hess' stake in Shenzi oil field for $505 mln

Oct 6 (Reuters) - BHP Group Ltd (BHP) said on Tuesday it had signed an agreement to acquire Hess Corp's (HES) entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million..BHP said the deal would take its ownership in the oil platform to 72%,with Spain's Repsol SA owning the rest..With the acquisition,BHP said it would be able to add about 11,000 barrels of oil BHP to acquire Hess' stake in Shenzi oil field for $505 mlnOct 6 (Reuters) - BHP Group Ltd (BHP) said on Tuesday it had signed an agreement to acquire Hess Corp's (HES) entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million..BHP said the deal would take its ownership in the oil platform to 72%,with Spain's Repsol SA owning the rest..With the acquisition,BHP said it would be able to add about 11,000 barrels of oil BHP to acquire Hess' stake in Shenzi oil field for $505 Oct 06,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;Oct 6 (Reuters) BHP Group Ltd BHP.AX,BHP.L said on Tuesday it had signed an agreement to acquire Hess Corps HES.N entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million.BHP said the deal would take its ownership in the oil platform to 72%,with Spains Repsol SA REP.MC owning the rest..With the acquisition,BHP said it would be able to add about

BHP to acquire Hess' stake in Shenzi oil field for $505

Oct 06,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;Oct 6 (Reuters) BHP Group Ltd BHP.AX,BHP.L said on Tuesday it had signed an agreement to acquire Hess Corps HES.N entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million.BHP said the deal would take its ownership in the oil platform to 72%,with Spains Repsol SA REP.MC owning the rest..With the acquisition,BHP said it would be able to add aboutBHP to acquire Hess' stake in Shenzi oil field for $505 Oct 05,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;Oct 6 (Reuters) - BHP Group Ltd BHP.AX,BHP.L said on Tuesday it had signed an agreement to acquire Hess Corp's HES.N entire stake in Shenzi oil and gas field inBHP to acquire Hess' stake in Shenzi oil field for $505 Oct 05,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;BHP to acquire Hess' stake in Shenzi oil field for $505 million BHP said the deal would take its ownership in the oil platform to 72%,with Spain's Repsol SA REP.MC owning the rest.With the acquisition,BHP said it would be able to add about 11,000 barrels of oil equivalent per day of production to its portfolio and also grow high-margin barrels.

BHP to acquire Hess' stake in Shenzi oil field for $505

Oct 05,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;(Reuters) - BHP Group Ltd BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.AX BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.L BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; said on Tuesday it had signed an agreement to acquire Hess Corp's BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;HES.N BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million.BHP said the deal would take its ownership in the oil platform to 72%,with Spain's Repsol SA BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;REP.MC BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; owning the rest.BHP to acquire Hess' stake in Shenzi oil field for $505 Oct 05,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;(Reuters) - BHP Group Ltd BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.AX BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.L BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; said on Tuesday it had signed an agreement to acquire Hess Corp's BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;HES.N BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million.BHP said the deal would take its ownership in the oil platform to 72%,with Spain's Repsol SA BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;REP.MC BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; owning the rest.BHP to acquire Hess' stake in Shenzi oil field for $505 Oct 05,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;(Reuters) - BHP Group Ltd BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.AX BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.L BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; said on Tuesday it had signed an agreement to acquire Hess Corp's BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;HES.N BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million.BHP said the deal would take its ownership in the oil platform to 72%,with Spain's Repsol SA BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;REP.MC BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; owning the rest.

BHP to acquire Hess' stake in Shenzi oil field for $505

BHP Group Ltd BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.AX BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.L BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; said on Tuesday it had signed an agreement to acquire Hess Corp's BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;HES.N BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million.BHP to acquire Hess' stake in Shenzi oil field for $505 BHP Group Ltd BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.AX BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.L BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; said on Tuesday it had signed an agreement to acquire Hess Corp's BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;HES.N BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million.BHP to acquire Hess' stake in Shenzi oil field for $505 BHP Group Ltd BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.AX BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;BHP.L BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; said on Tuesday it had signed an agreement to acquire Hess Corp's BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldlt;HES.N BHP to Acquire Additional 28% Stake in Shenzi Oil Fieldgt; entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million.

BHP to acquire Hess' stake in Shenzi oil field for $505

(Reuters) - BHP Group Ltd said on Tuesday it had signed an agreement to acquire Hess Corp's entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million.BHP said the deal would take its ownership in the oil platform to 72%,with Spain's Repsol SA owning the rest.BHP to acquire Hess' stake in Shenzi oil field for $505 (Reuters) - BHP Group Ltd said on Tuesday it had signed an agreement to acquire Hess Corp's entire stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million.BHP said the deal would take its ownership in the oil platform to 72%,with Spain's Repsol SA owning the rest.BHP to acquire 28% stake in Shenzi oil field for $505mn FTSE 100 listed oil and gas extraction company,BHP (LON:BHP),announced on Tuesday that it had agreed to acquire an additional 28% stake in the Shenzi oil field,in the Gulf of Mexi.The company stated that it had signed a Membership Interest Purchase and Sale Agreement with Hess Corporation (NYSE:HESS),to acquire the firms six-lease,deep-water development.

BHP to acquire 28% stake in Shenzi oil field for $505mn

FTSE 100 listed oil and gas extraction company,BHP (LON:BHP),announced on Tuesday that it had agreed to acquire an additional 28% stake in the Shenzi oil field,in the Gulf of Mexi.The company stated that it had signed a Membership Interest Purchase and Sale Agreement with Hess Corporation (NYSE:HESS),to acquire the firms six-lease,deep-water development.BHP to Acquire Additional 28% Stake in Shenzi Oil Field Oct 06,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;BHP Group,one of the largest diversified natural resource companies in the world,said on Tuesday that it has signed a sale agreement with Hess Corp to acquire an additional 28% stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million..The deal would bring BHPs ownership to 72% and immediately add approximately 11,000 barrels of oil equivalent per day of production.BHP to Acquire Additional 28% Stake in Shenzi Oil Field Oct 06,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;BHP Group,one of the largest diversified natural resource companies in the world,said on Tuesday that it has signed a sale agreement with Hess Corp to acquire an additional 28% stake in Shenzi oil and gas field in the Gulf of Mexico for $505 million..The deal would bring BHPs ownership to 72% and immediately add approximately 11,000 barrels of oil equivalent per day of production.

BHP to Acquire Additional 28% Stake in Shenzi Oil Field

BHP Group,one of the largest diversified natural resource companies in the world,said on Tuesday that it has signed a sale agreement with Hess Corp to acquire an additional 28% stake in Shenzi BHP buys Hess' Shenzi oil field stake in $505M deal (NYSE BHP agrees to acquire Hess' (NYSE:HES) 28% stake in the Shenzi oil and gas field in the Gulf of Mexico for $505M..The acquisition will take BHP's interest in the development to 72% and adds ~11K BHP acquires Hess stake in Shenzi field in Gulf of MexicoNov 09,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;Melbourne-headquartered BHP Billiton has acquired the entire stake of Hess in the Shenzi field in the deepwater Gulf of Mexi The transaction includes acquisition of US-based energy companys 28% stake in the field for $505m.With the acquisition,BHP Billiton increases its stake in the field to 72%.The remaining 28% stake in the field is

BHP acquires Hess stake in Shenzi field in Gulf of Mexico

Nov 09,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;Melbourne-headquartered BHP Billiton has acquired the entire stake of Hess in the Shenzi field in the deepwater Gulf of Mexi The transaction includes acquisition of US-based energy companys 28% stake in the field for $505m.With the acquisition,BHP Billiton increases its stake in the field to 72%.The remaining 28% stake in the field is BHP Snaps Up 28% Stake In Shenzi Oil Field For $505MBHP Group announced that it has signed an agreement with Hess Corp.to buy an additional 28% stake in the Shenzi oil and gas field located in the Gulf of Mexico for $505 million.As a result of the BHP Group to Bump Up Stake in Shenzi Oil and Gas FieldOct 07,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;BHP Group BHP recently announced the signing of an agreement with Hess Corporation to acquire the latters 28% interest in Shenzi oil and gas field located in the Gulf of Mexico for $505 million.This move is in sync with the companys plans to augment its petroleum portfolio through targeted acquisitions in high-quality deepwater assets and the continued de-risking of growth options.

BHP Group to Bump Up Stake in Shenzi Oil and Gas Field to

Oct 07,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;BHP Group BHP recently announced the signing of an agreement with Hess Corporation to acquire the latters 28% interest in Shenzi oil and gas field located in the Gulf of Mexico for $505 million.This move is in sync with the companys plans to augment its petroleum portfolio through targeted acquisitions in high-quality deepwater assets and the continued de-risking of growth options.BHP Group PLC snaps up oilfield stake as it sees potential Paying US$505mln to acquire Hess Corporations 28% working interest in the Shenzi deepwater development,the FTSE 100 group will take its working interest to 72% of the six-lease field.BHP Billiton News (BHP) - InvestingBHP Group,one of the largest diversified natural resource companies in the world,said on Tuesday that it has signed a sale agreement with Hess Corp to acquire an additional 28% stake in Shenzi

Author Vivek KumarBHP Snaps Up 28% Stake In Shenzi Oil Field For $505M

Oct 06,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;BHP Group announced that it has signed an agreement with Hess Corp.to buy an additional 28% stake in the Shenzi oil and gas field located in the Gulf of Mexico for $505 million.As a result of the deal,BHPs working interest in Shenzi will increase to 72% from 44%.The remaining 28% interest in Shenzi is owned by Spains Repsol S.A.12345NextBHP to Acquire Additional 28% Stake in Shenzi Oil Field Oct 06,2020 BHP to Acquire Additional 28% Stake in Shenzi Oil Field#0183;BHP Group,one of the largest diversified natural resource companies in the world,said on Tuesday that it has signed a sale agreement with Hess Corp to acquire an additional 28% stake in Shenzi

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