Shell Completes $840 Million Sale of Gulf Assets to Talos Energy, Ridgewood Energy

MT newswire2026/09/22 21:09

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05:09 PM EDT, 09/22/2026 (MT Newswires) -- Shell's (SHEL) offshore unit said Tuesday it completed the sale of deepwater Gulf Coast assets to Talos Energy (TALO) and an affiliate of Ridgewood Energy for $840 million. Talos said Tuesday it paid $420 million, and the assets will contribute to Q3 results from closing through quarter-end and be fully consolidated beginning in Q4. Updated 2026 guidance will be provided with Q3 results, the company said.

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