Shell to acquire ARC Resources in $16.4 billion deal
April 27, 2026
Transaction strengthens Shell’s Canadian gas and liquids portfolio while deepening LNG-linked resource base
Shell plc has agreed to acquire Canadian producer ARC Resources Ltd. in a transaction valued at approximately $16.4 billion, including debt, expanding its position in Canada’s Montney shale and adding roughly 370,000 barrels of oil equivalent per day of production. The deal gives Shell greater exposure to liquids-rich shale production…
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