Shell Completes Acquisition of ARC Resources

Shell plc has completed its acquisition of ARC Resources Ltd., a Canadian energy company operating in British Columbia and Alberta, following receipt of all required shareholder, court, and regulatory approvals. The acquisition immediately adds approximately 370,000 barrels of oil equivalent per day across liquids and gas, supporting a production compound annual growth rate of around 4% through 2030 compared with 2025. "We welcome ARC colleagues to Shell and look forward to building on their high-performance culture, operational excellence, and technical expertise in Canada's Montney basin," said Shell's Chief Executive Officer, Wael Sawan. "The acquisition increases Shell's exposure to long-duration, low-cost liquids production. Through disciplined integration, we will build on the strengths of both organizations to unlock the value that underpins this transaction."

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