How many acquisitions has Shell made so far?

Shell has completed 35 acquisitions so far, with an average acquisition amount of $9.93B.

Which countries does Shell usually acquire in?

Shell has made acquisitions in 14 countries with the most activity in United States and United Kingdom.

Which is Shell's latest acquisition?

Shell's most recent acquisition is ARC Resources, a Oil & natural gas production company, acquired in April 2026 for $13.6B.

In which year did Shell make the most acquisitions?

Shell was most active in 2022, with 9 acquisitions completed in that year.

List of 35 Acquisitions by Shell (Apr 2026)

Shell has completed a total of 35 acquisitions. Acquisition activity peaked in 2022 with 9 acquisitions, followed by 8 in 2021 and 6 in 2019. The activity spans 20 sectors, notably Energy Storage Tech (6 acquisitions), Oil & Gas Upstream (5), and Oil & Gas Downstream (5). Acquisitions have been made across 14 countries, with the highest concentration in the United States (7 acquisitions), the United Kingdom (6), and Germany (4). Over the last five years (2020–2025), it averaged 4.2 acquisitions per year, and 1 acquisition has been completed in the current calendar year. The most recent acquisition was ARC Resources, an oil & natural gas production company founded in 1996 and located in Calgary, completed in April 2026 for $13.6B.

Here's the year on year acquisition history of Shell:

Number of Total Acquisitions

Year	# Acquisitions
2026	1
2025	1
2024	1
2023	2
2022	9
2021	8
2020	1
2019	6
2018	1
2017	2
2015	1
2010	1
2008	1

View all Acquisitions by Shell

Recent acquisitions by Shell

Shell's most recent acquisition - ARC Resources is a Oil & natural gas production company, founded in 1996 and located in Calgary. Shell acquired a 100% stake in it in April 2026 for a price of $13.6B.

Here is the list of all acquisitions by Shell sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Apr 27, 2026	ARC Resources	$13.6B	Goldman Sachs, RBC Capital Markets ... Read more	50	200
Jul 01, 2025	Raj Petro Specialities	Undisclosed	Dua Associates, KPMG and 2 more	83	446
Jun 18, 2024	Pavilion Energy	Undisclosed	-	89	606
Oct 10, 2023	MIDEL	Undisclosed	-	94	268
Oct 10, 2023	MIVOLT	Undisclosed	-	71	855