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Shell completes $840 million Gulf of Mexico asset sale to Talos, Ridgewood

Verifying
  • Shell completed the sale of its Na Kika and Coulomb interests to Talos Energy and Ridgewood Energy.
  • $840 million in cash was collected at closing, while Talos paid $420 million for its share.
  • Shell expects neither asset to contribute meaningfully to production by 2030.
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