Shell and INEOS Expand Collaboration with New Gulf of Mexico Exploration Deal
Shell Offshore Inc., a subsidiary of Royal Dutch Shell (SHEL), has partnered with INEOS Energy to explore new opportunities in the U.S. Gulf of Mexico, focusing on areas near existing infrastructure like the Appomattox hub. The deal includes INEOS acquiring a 21% working interest in these assets and plans for three exploration projects.
Tickers: $SHEL
Topics: Energy Gulf of Mexico Oil & Gas Exploration Partnership