Home
Offshore
Shell sells Aphrodite gas field stake to MOL in deal worth up to $720 million

Shell sells Aphrodite gas field stake to MOL in deal worth up to $720 million

by Offshore Reporter | Jul 31, 2026 | Offshore

MOL Group has agreed to acquire Shell’s 35% interest in the Aphrodite gas field offshore Cyprus for up to $720 million, joining Chevron and NewMed in one of the Eastern Mediterranean’s largest deepwater gas developments.

← Previous Next →

Latest News

Cook Inlet offshore oil and gas lease sale proposed for March 2027

Oct 9, 2026

Federal officials have proposed a March 2027 offshore oil and gas lease sale covering 1.05 million...

Transocean adds $1.1 billion to offshore drilling backlog with Equinor, Shell contracts

Oct 9, 2026

Transocean has added approximately $1.1 billion to its firm drilling backlog, including final...

Equinor awards Weatherford offshore completions work in Norwegian North Sea

Oct 8, 2026

Weatherford has secured a two-year extension of several Equinor agreements and will serve as the...

Your Portal to Offshore Decommissioning Insights

Shell sells Aphrodite gas field stake to MOL in deal worth up to $720 million

Latest News

Cook Inlet offshore oil and gas lease sale proposed for March 2027

Transocean adds $1.1 billion to offshore drilling backlog with Equinor, Shell contracts

Equinor awards Weatherford offshore completions work in Norwegian North Sea

Categories

Subscribe to our Newsletter

Thank you for subscribing to us.

About GODA

Quick Links

Subscribe to our Newsletter

Thank you for subscribing to us.