14/02/2014

Shell To Sell North Sea Assets

Shell has announced that it will sell three of its North Sea assets in an effort to focus on other assets that have an opportunity for growth.

The company will sell its interests in the Anasuria floating production, storage and offloading installation along with its Nelson and Sean platforms.

The vice president of Upstream Shell UK and Ireland said that the company remained committed to its UK operations, adding that it would continue to invest in its operations that have a growth potential.

Shell staff where informed of the sales earlier this week.

(MH/CD)

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