Shell forks out $735 million for ConocoPhillips’ stakes in its US deepwater oil assets

Shell has made a play for interests ConocoPhillips, a U.S. oil major, holds in its assets in the Gulf of America (GoA), formerly named Gulf of Mexico (GoM). The post Shell forks out $735 million for ConocoPhillips’ stakes in its US deepwater oil assets appeared first on Offshore Energy.

Feb 22, 2025 - 10:30
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Shell forks out $735 million for ConocoPhillips’ stakes in its US deepwater oil assets

Shell has made a play for interests ConocoPhillips, a U.S. oil major, holds in its assets in the Gulf of America (GoA), formerly named Gulf of Mexico (GoM).

The post Shell forks out $735 million for ConocoPhillips’ stakes in its US deepwater oil assets appeared first on Offshore Energy.

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