Fossil Energy – Ursa Platform
Shell has completed the previously announced agreement to increase their stake in the Ursa platform in the Gulf of Mexico from 45.3884% to 61.3484%.
This acquisition is part of Shell’s strategy to invest in profitable and carbon-competitive oil and gas projects with a strong integrated value chain.
Deepening Shell’s interest in existing assets also contributes to maintaining stable liquids production from its advantaged Upstream business.
