Shell plc Archives - Oil & Gas 360

Shell to acquire ARC Resources in $13.6-billion deal to boost Canadian shale output

April 27, 2026

(World Oil) – Shell plc has agreed to acquire ARC Resources Ltd. in a deal valued at approximately $13.6 billion, or approximately $16.4 billion including debt. The deal significantly expands Shell’s position in Canada’s Montney shale and boosts long-term oil and gas production. The transaction will add roughly 370,000 boed of production to Shell’s portfolio and approximately 2 billion boe of proved plus probable reserves, strengthening its

Shell sanctions Kaikias waterflood to extend Ursa production in U.S. Gulf

December 16, 2025

(World Oil)– Shell plc has taken a final investment decision (FID) on a waterflood project at its Kaikias field in the U.S. Gulf of America, marking a new phase of secondary recovery aimed at extending production from the Ursa hub. Shell Offshore Inc. said the Kaikias waterflood project will involve injecting water into the reservoir to displace additional oil toward existing

Shell expands in Angola with $1 billion offshore exploration investment

November 3, 2025

(World Oil) – Shell Plc will invest about $1 billion on new oil blocks in Angola as the southern African nation seeks to boost production that’s dwindled over the years, the chairman of the oil regulator said. Shell and Angola’s National Agency for Oil, Gas and Biofuels signed an exclusive agreement for exploration rights covering offshore Blocks 19, 34 and

Shell plc

Shell to acquire ARC Resources in $13.6-billion deal to boost Canadian shale output

Shell sanctions Kaikias waterflood to extend Ursa production in U.S. Gulf

Shell expands in Angola with $1 billion offshore exploration investment

Premium Content