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News and Media Releases
Shell Expands Gulf of Mexico Portfolio
Shell bid on a total of 43 blocks and exposed approximately $166 million. Shell was the apparent high bidder on 38 blocks, with those bids totaling approximately $ 140.
Today’s results strengthen Shell’s existing portfolio, which includes significant progress on the Mars-B development project with the arrival of the Olympus Tension Leg Platform.
Shell is also in the concept selection phase for the Appomattox and Vito discoveries.