Shell completes $16.5 bln acquisition of ARC Resources
Shell has completed its acquisition of ARC Resources after securing required shareholder, court and regulatory approvals. The deal adds about 370,000 barrels of oil equivalent and expands upstream exposure in British Columbia and Alberta.
By Staff WriterShell has completed its acquisition of Canadian energy company ARC Resources after securing all required shareholder, court and regulatory approvals, strengthening its upstream portfolio in British Columbia and Alberta.The transaction adds approximately 370,000 barrels of oil equival…