London (AFP) – Anglo-Dutch energy giant Royal Dutch Shell has agreed to sell a chunk of its North Sea assets to oil firm Chrysaor for up to $3.8 billion (3.6 billion euros), it said Tuesday.
Shell said in a statement that it will sell its entire holdings in nine oil fields plus a smaller stake in a tenth field to explorer Chrysaor, adding that the deal would streamline its portfolio after the 2016 takeover of BG Group.
COMMENTS
Please let us know if you're having issues with commenting.