Shell has begun the contracting process for its Dragon offshore gas project, with a four-well drilling program targeted to begin in the second quarter of 2027 following a final investment decision. The project, together with Shell’s pending acquisition of ARC Resources, reflects the company’s continued strategy of expanding its global natural gas and LNG supply portfolio.
Shell is divesting mature U.S. Gulf deepwater assets to Talos Energy and Ridgewood Energy for $1.7 billion as part of its strategy to focus on higher-value offshore developments. The acquisition significantly strengthens Talos Energy’s Gulf of Mexico portfolio while extending the productive life of established offshore infrastructure.
Shell Offshore Inc., a subsidiary of Shell plc, announced the Final Investment Decision (FID) for a phased campaign to deliver three wells in the Great White unit designed to boost oil production at the Shell-operated Perdido spar in the U.S. Gulf of Mexico (GoM).
Shell Plc has recently launched Shell Renewable Diesel at 75 of its stations in Los Angeles
