New Companies
Tuesday, 6/30, 10:43 PM
Shell Sells $1.7 Billion of Gulf of Mexico Oil Assets to Talos
- Shell is selling stakes in its Gulf of Mexico oil operations — the Na Kika platform and the Coulomb field — to Talos Energy and Ridgewood Energy for $1.7 billion.
- It's the latest move by the oil major to shed smaller assets and steer cash toward its best projects and shareholder payouts.