Shell Offshore has completed the sale of its 50 per cent non-operated interest in the Na Kika platform and associated fields in the Gulf of America, along with its wholly owned Coulomb tieback.
Shell received approximately $840 million in cash proceeds,
including adjustments from the July 1, 2025 effective date to closing.
The assets were acquired by a subsidiary of Talos Energy and
an affiliate of Ridgewood Energy.
The transaction forms part of Shell’s strategy to reshape
its portfolio and strengthen the resilience and competitiveness of its Upstream
business. -OGN/TradeArabia News Service
