Equinor completes acquisition of Shell's stake in Caesar Tonga field in the US Gulf of Mexico

Published by Nicholas Woodroof, Editor
Oilfield Technology, Monday, 19 August 2019 09:30

The Bureau of Ocean Energy Management has approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oilfield from Shell Offshore Inc for a total consideration of US$965 million in cash.

Equinor’s interest in the field is now 46%.?Anadarko Petroleum Corp. is the operator with a 33.75% interest, and Chevron holds 20.25% interest.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/19082019/equinor-and-shell-complete-acquisition-of-stake-in-caesar-tonga-field-in-the-us-gulf-of-mexico/

EnerMech wins major subsea pre-commissioning contract for Subsea7 on Trion development

Wednesday 06 May 2026 12:15

This latest award reinforces EnerMech’s strong capability in the Americas and its commitment to supporting clients with technical expertise, operational reliability and integrated solutions that improve certainty across complex offshore developments.

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Upstream news Shell news Gulf of Mexico upstream news Offshore news US upstream news Oil & gas news

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