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| Name | Symbol | Market | Type |
|---|---|---|---|
| Mitsui and Company Ltd (PK) | USOTC:MITSY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.00 | -0.20% | 1,010.00 | 1,000.00 | 1,010.00 | 1,046.86 | 994.01 | 994.01 | 1,678 | 21:35:12 |
From Nov 2023 to May 2024
By Ben Glickman
Shell Offshore, a subsidiary of Shell, acquired the remaining 20% working interest in a Gulf-of-Mexico field it doesn't currently own.
The oil-and-gas giant now has 100% working interest in the Kaikias field in the U.S. Gulf of Mexico and remains the operator.
The field is owned by MOEX North America, a full subsidiary of Mitsui & Co.
"By increasing Shell's working interest in the field, we are creating options for our future as the leading producer in the U.S. Gulf of Mexico," said Rich Howe, executive vice president for deep water.
The company said Shell and MOEX would submit for federal regulatory approval.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
December 13, 2023 17:11 ET (22:11 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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