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Shell Expands Stake in Ursa Platform

Sector: Oil and Gas • Location: Louisiana, United States

Source: Crude Oil Prices Today | OilPrice.com

Project
Planned

Shell Offshore Inc. and Shell Pipeline Company have signed an agreement to increase their stake in the Ursa platform in the Gulf of Mexico, raising their working interest from 45.39% to a maximum of 61.35%. This acquisition includes interests in the Shell-operated Europa prospect and the Ursa Oil Pipeline Company, aligning with Shell's strategy to invest in profitable oil and gas projects.

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Project Information

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The project “Shell Expands Stake in Ursa Platform” is an infrastructure initiative in the Oil and Gas sector, located in Louisiana, United States. Taiyo aggregates data on it from Crude Oil Prices Today | OilPrice.com.

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planned

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Description

Description

Shell Offshore Inc. and Shell Pipeline Company have signed an agreement to increase their stake in the Ursa platform in the Gulf of Mexico, raising their working interest from 45.39% to a maximum of 61.35%. This acquisition includes interests in the Shell-operated Europa prospect and the Ursa Oil Pipeline Company, aligning with Shell's strategy to invest in profitable oil and gas projects.

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High

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