Picture of Harbour Energy logo

HBR — Harbour Energy News Story

0.000.00%
gb flag iconLast trade - 00:00
EnergySpeculativeLarge CapSuper Stock

Grupo Carso to buy extra 5% stake in Mexico's Zama oilfield from Harbour Energy (updated)

Adds details from filing

MEXICO CITY, May 6 (Reuters) - Mexico's Grupo Carso GCARSOA1.MX said on Wednesday that it has signed a binding agreement with Harbour Energy HBR.L to acquire, via a subsidiary, an additional 5% stake in the Zama oilfield in the Gulf of Mexico for $75.25 million.

Here are a few details:

Once the deal closes, Grupo Carso will, through its subsidiary Zamajal, hold about 17.84% stake in Zama, it said in a filing to Mexican Stock Exchange.

Harbour Energy will hold 27.26% and Talos Energy TALO.N 4.47%, while state oil firm Pemex will retain majority control with 50.43%, the company said.

The proceeds will primarily be used for oilfield development, while the deal's closure is subject to the relevant government and regulatory permits.

 (Reporting by Adriana Barrera; Writing by Sarah Morland; Editing by Daina Beth Solomon and Sherry Jacob-Phillips)

 ((sarah.morland@thomsonreuters.com;))

Recent news on Harbour Energy

See all news