Shell has completed the $1.7 billion Na Kika and Coulomb asset sale in the U.S. Gulf, receiving about $840 million in cash proceeds at closing on 22 September 2026.
Norway’s 2026 APA licensing round has drawn applications from 21 oil and gas companies, including Shell, for exploration acreage across three offshore regions.
TOFCO has completed the Manatee Jacket loadout in Trinidad and Tobago, with the largest jacket fabricated at its yard now undergoing final sea-fastening ahead of sailaway.
Shell and Chevron have struck a deal linked to exploration and production rights over Ghana’s offshore South Deepwater Tano Block.
bp has agreed terms for Shell to acquire stakes in the Tupinambá block offshore Brazil and the Conifer prospect in the deepwater US Gulf of Mexico, with bp remaining operator.
Northern Ocean expects Deepsea Mira to remain idle into Q1 2027 after several 2026 opportunities did not materialise and other drilling programmes were delayed.
Shell has lost the latest stage of its South Africa offshore exploration dispute after the Constitutional Court ruled that the Wild Coast exploration right should be set aside.
The Tupi asset in Brazil’s pre-salt Santos Basin has reached cumulative production of 4 billion boe, the first Petrobras asset to reach that volume in its 73-year history.
Shell has approved Malikai Phase 3 offshore Malaysia. Four new wells are expected to lift production from 25,000 to around 40,000 barrels per day from the third quarter of 2028.
