Shell completes sale of interest in Gulf of America platform
Published by Elizabeth Corner,
Senior Editor
Oilfield Technology,
Shell Offshore Inc., a subsidiary of Shell plc, has completed the previously announced agreement to sell its 50% non-operated working interest in the Na Kika platform and associated fields in the Gulf of Mexico as well as its 100% owned Coulomb tieback.
Shell received approximately US$840 million in cash proceeds, reflecting adjustments between the effective date of 1 July 2025, and/p>
The transaction supports Shell’s efforts to actively shape its portfolio to ensure a resilient and increasingly competitive Upstream business.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/23092026/shell-completes-sale-of-interest-in-gulf-of-america-platform/