Shell and Esso offload North Sea fields
Greig Cameron / Thursday 6 August 2015
SHELL and Esso have agreed to sell stakes in a cluster of North Sea fields for $105 million.
Malaysian firms Ping Petroleum and Hibiscus Petroleum are each taking 50 per cent of the oil producing Anasuria assets, located around 175 kilometres east of Aberdeen.
That includes the Guillemot A field, the Teal field, the Teal South and the Anasuria Floating Production Storage and offloading unit. There is also a 38.65 per cent interest in the Cook field.
The deal is expected to formally complete in the final quarter of this year.
The TRUTH will set you FREE.
No comments:
Post a Comment