Shell completes sale of interest in Gulf of America platform

September 30, 2026

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.

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