5 May 2024
Shell to sell Gulf of Mexico assets for USD 425 million
Publication date: 31 August 2016
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Shell has divested interests in four blocks in the US Gulf of Mexico to Houston-based EnVen Energy Ventures for USD 425 million in a deal expected to close in October.
Green Canyon blocks 114, 158, 202 and 248 – referred to as the Brutus and Gilder assets –produce around 25,000 boe/day and include related platforms and pipelines, Shell said this week.