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Shell buys a stake in the Gulf of Mexico's Ursa platform from ConocoPhillips for $735 million.
Shell is acquiring a 15.96% stake in the Ursa platform in the Gulf of Mexico from ConocoPhillips for $735 million, boosting its interest in the platform to 61.35%.
The deal highlights Shell's focus on secure domestic energy supplies and growth opportunities.
Subject to regulatory clearance, it is expected to close by the end of Q2 2025.
The Ursa platform, which has been in operation since 1999, is part of the prolific Mars Basin.
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Shell compra una participación en la plataforma Ursa del Golfo de México de ConocoPhillips por $735 millones.