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Shell Expands Gulf of Mexico Portfolio

Shell continues to build upon a strong position in the Central Gulf of Mexico and is the apparent high bidder on 38 blocks during today’s US Bureau of Ocean Energy Management (BOEM) Lease Sale 227.



Perdido deep-water project, Gulf of Mexico, USA

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.

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