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2023 Media releases

News and Media Releases for 2023.

Shell Invests in the Sparta Development in the Gulf of Mexico

Houston, Texas - Shell Offshore Inc. announced Final Investment Decision (FID) for Sparta, a deep-water development in the U.S. Gulf of Mexico.

Shell assumes 100% working interest in US Gulf of Mexico Kaikias field

Houston, Texas − Shell Offshore Inc., a subsidiary of Shell plc (Shell), has acquired the 20% Working Interest (WI) of MOEX North America LLC (MOEX), a 100% subsidiary of Mitsui & Co., Ltd., in the Kaikias field in the US Gulf of Mexico. Shell now has 100% WI and remains the operator.

Shell takes investment decision for phased wells campaign at Perdido in US Gulf of Mexico

Houston, Texas − Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced the Final Investment Decision (FID) for a phased campaign to deliver three wells in the Great White unit designed to boost production at the Shell-operated Perdido spar in the US Gulf of Mexico (GoM).

Shell agrees to sell partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners

Houston - Shell Wind Energy Inc. and Savion Equity, LLC, subsidiaries of Shell plc (Shell), have agreed to sell partial ownership stake in two U.S.-based renewable energy projects to InfraRed Capital Partners (InfraRed).

Shell Launches New and Improved V-Power® NiTRO+ Premium Gasoline at New York City Event

Houston − Today, Equilon Enterprises LLC, dba Shell Oil Products US (“Shell”) announced the official launch of its new and improved formulation of their Shell V-Power® NiTRO+ Premium Gasoline.

New Orleans Jazz & Heritage Festival Earns Gold Certification for Commitment to Sustainability and Community Impact

New Orleans, Louisiana - The Council for Responsible Sport certified Jazz Fest recognizing performance across environmental, social and economic impact – Largest cultural event to receive certification.

Meet the local businesses selected for Shell and LiftFund accelerator program

New Orleans, LA – 25 small businesses from 13 South Louisiana parishes are part of first group in customized business accelerator and entrepreneurial support program.

Shell USA, Inc. finalizes acquisition of Volta Inc., scaling up its U.S. public electric vehicle charging network

Houston − Shell USA, Inc., a subsidiary of Shell plc, has completed the previously announced acquisition of Volta Inc. (Volta) in an all-cash transaction valued at approximately USD $169 million. With this acquisition, Shell now owns and operates one of the largest public electric vehicle (EV) charging networks in the U.S. The closing of the transaction occurred after receiving various regulatory clearances and approval from Volta’s stockholders.

Shell takes investment decision at Dover in US Gulf of Mexico

Houston, Texas, − Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced the Final Investment Decision (FID) for Dover, a planned subsea tieback to the Shell-operated Appomattox production hub in the US Gulf of Mexico (GoM). Dover is expected to start production in late 2024-early 2025 and produce up to 21,000 barrels of oil equivalent per day (boe/d) at peak rates.

Shell completes sale of interest in Aera Energy to IKAV

Houston − Shell Offshore Inc., a subsidiary of Shell plc, has completed the previously announced sale of its 100% interest in Shell Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV.

Shell USA, Inc. and Volta Inc. sign a definitive merger agreement

Houston − Shell USA, Inc., a subsidiary of Shell plc, has signed a definitive agreement to acquire 100% of the outstanding shares of Class A common stock of Volta Inc. (NYSE: VLTA) (Volta) in an all-cash transaction valued at approximately USD $169 million.

Houston Dynamo Football Club and Shell Energy announce stadium naming rights agreement

The first major league soccer-specific stadium in a downtown district will re-open its doors as Shell Energy Stadium in 2023.