chartexchange

Shell Closes Gulf of America Asset Sale With $840 Million Proceeds

Securities.io | Sep 22, 2026 4:45 PM EDT

Shell Offshore Inc., a subsidiary of Shell plc, announced on September 22, 2026, that it has completed the previously announced sale of its 50% non-operated working interest in the Na Kika platform and associated fields in the Gulf of America, together with its 100% owned Coulomb tieback. The assets were acquired by a subsidiary of Talos Energy and an affiliate of Ridgewood Energy Corporation. Shell said it received approximately $840 million in cash proceeds, reflecting adjustments between the…

Read original article