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Shell completes sale of interest in Gulf of America platform

 

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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.

 

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