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 America as well as its 100% owned Coulomb tieback.
Shell received approximately $840 million in cash proceeds, reflecting adjustments between the effective date of July 1, 2025, and closing. The assets were acquired by a subsidiary of Talos Energy and an affiliate of Ridgewood Energy.
The transaction supports Shell’s efforts to actively shape its portfolio to ensure a resilient and increasingly competitive Upstream business.
Ongoing investments in Offshore Digitization & Automation continue to reshape working practices and protocols, with manual,…
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