Shell to acquire Montney producer ARC Resources in $16.4bn deal
The transaction will unite ARC’s more than 1.5 million net acres with Shell’s 440,000 net acres in the Montney formation.
28 April 2026
28 April 2026
The transaction will unite ARC’s more than 1.5 million net acres with Shell’s 440,000 net acres in the Montney formation.
Brent crude increased by $3 to $108.36/bbl, while US WTI rose by $2.45 to $96.85/bbl.
The LNG del Plata project is being developed at the Port of La Plata in Buenos Aires Province.
The IPCC estimates that the total global greenhouse gas emissions must fall by nearly 45% by 2030 to indicate that efforts are on the right track to achieving net zero by 2050.
The contract extension follows an initial integrated wireline agreement from 2021, with Archer delivering services across Equinor assets.
To maintain the accelerated timeline, Finder Energy has secured agreements with oilfield services provider SLB and JV partner TIMOR GAP.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.