Shell Expands GoM Portfolio with 38 Blocks (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 million.

“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,” said Shell in a statement.

Shell is also in the concept selection phase for the Appomattox and Vito discoveries.