Shell Completes $840 Million Sale of Gulf Assets to Talos Energy, Ridgewood Energy

05:09 PM EDT, 09/22/2026 (MT Newswires) -- Shell's (SHEL) offshore unit said Tuesday it completed the sale of deepwater Gulf Coast assets to Talos Energy (TALO) and an affiliate of Ridgewood Energy for $840 million. Talos said Tuesday it paid $420 million, and the assets will contribute to Q3 results from closing through quarter-end and be fully consolidated beginning in Q4. Updated 2026 guidance will be provided with Q3 results, the company said.