Shell bags $840mn with divestment of interest in Gulf of America platform

HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 22.Sep.2026, Words: 139) — Shell plc subsidiary Shell Offshore Inc. 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 America as well as its 100% owned Coulomb tieback.

The transaction supports Shell’s efforts to actively shape its portfolio to ensure a resilient and increasingly competitive Upstream business, Shell announced on 22 Sep. 2026 in an official statement.

In the deal, Shell received $840mn in cash proceeds, reflecting adjustments between the effective date of 1 Jul. 2025, and closing.

The assets were acquired by a subsidiary of Talos Energy and an affiliate of Ridgewood Energy.

____________________

FROM THE EAI ARCHIVES: RELATED POSTS

Lectron Unveils New Retail Partnership with AutoZone

(Lectron, 29.Mar.2022) — Lectron, an electric vehicle charging brand, has entered a retail partnership with auto parts giant, AutoZone (NYSE: AZO), in a bid to make electric vehicle charging more accessible to consumers. AutoZone now carries a wide selection of Lectron products on its website, including chargers, charging stations, and adapters. […]

Talos Reveals Commencement of Underwritten Public Offering

(Talos, 17.Jan.2024) — Talos Energy Inc. (NYSE: TALO) commenced an underwritten public offering of $300mn of shares of its common stock, par value $0.01 per share. The company expects to grant the underwriters a 30-day option to purchase $45mn of additional shares of its common stock. The company intends to use the net proceeds from this […]

Fission vs. Fusion – What’s the Difference?

(Duke Energy, 1.Oct.2024) — Look up during the day to see one of the most powerful examples of a nuclear reactor: the sun. Inside the sun, fusion reactions take place at very high temperatures and enormous gravitational pressures. The foundation of nuclear energy is harnessing the power of atoms by […]