Marketing lead Samuel Bateman says it's "just us playing games."
The companies' Summer showcases will also reportedly take place separately.
Xbox Series X enhancements seem a given for these titles.
To celebrate, players will receive a free cape and pet later this month.
Ancient Hunts also coming in a free update.
Seasons will last for three months with seasonal content being free for all players.
The pirate adventure has seen numerous updates since 2018.
Footage of the Xbox Series X version has been revealed.
Joanna Dark is making her long-awaited return on Xbox.
Explore a new region with three new story missions and new loot.
However, there won't be any loot boxes or randomness in rewards.
An update on graphical improvements and the first multiplayer screenshots also revealed.
The Season Pass provides access to the next four DLC, including The Howling Peaks.
343 sends off The Master Chief Collection in style.
Cloud save support for cross-platform progression is also coming.
Season 4 will launch alongside it with new skins to earn.
It seems Microsoft has partnered with an external studio to work on a new open world title.
Phil Spencer doesn't have "any specific concern" about 343 Industries.
"We’re still out there looking for other teams," says Xbox boss Phil Spencer.
The Xbox Game Studios portfolio could be expanding again in the future.
