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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 6 sources · 8 days · First seen · Last updated
Shell acquisition of ARC Resources
Overview
Shell moved to acquire Canadian firm ARC Resources Ltd. for approximately 22 billion CAD, a process that required regulatory clearance from the Government of Canada, Canadian competition authorities, and U.S. regulators under the Hart-Scott-Rodino Act.
On September 2, 2026, Shell finalized the acquisition. The deal, which includes an equity value of approximately US$13.9 billion, provides Shell with increased exposure to low-cost liquids production, adding roughly 370 kboe/d in liquids and gas. The acquisition is intended to leverage technical expertise in Canada’s Montney basin and support a projected production compound annual growth rate of about 4% through 2030.
Entities
ARC Resources Ltd. · Shell · Montney basin · Wael Sawan · Government of Canada
Timeline
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10 days ago
[BUSINESS] 3 sourcesShell completes acquisition of ARC ResourcesShell plc has completed its acquisition of Canada-based ARC Resources Ltd. for an equity value of approximately US$13.9 billion, expanding its presence in the Montney basin.
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18 days ago
[BUSINESS] 3 sourcesShell to acquire ARC Resources for 22 billion CADShell is set to finalize its 22 billion CAD acquisition of ARC Resources after receiving key regulatory approvals in Canada and the United States.
Sources
ad-hoc-news.de · aijourn.com · boereport.com · furnishing.com · lesaffaires.com · vir.com.vn