SQUAWK/NEWS
Menu
Live News EQUITY L impact

Shell To Sell Gulf Of America Assets To Talos Energy And Ridgewood Energy For $1.7B - Sources

To Sell 50% Interest In Na Kika Platform And 100% Of Coulomb Tieback Shell Trading US To Retain Offtake Rights From Na Kika And Coulomb To Receive Upside-Linked Payments Through 2027 And Overriding Royalty Interests Closing Subject To BP s Preferential Right To Purchase Within 30 Days

To Sell 50% Interest In Na Kika Platform And 100% Of Coulomb Tieback Shell Trading US To Retain Offtake Rights From Na Kika And Coulomb To Receive Upside-Linked Payments Through 2027 And Overriding Royalty Interests Closing Subject To BP s Preferential Right To Purchase Within 30 Days