Shell advises JPMorgan to sell $1bn NZ oil portfolio

Shell advises JPMorgan to sell $1bn NZ oil portfolio Aug 18th, 2016 by John Donovan.  No comments yet BRIDGET CARTER: Mergers & Acquisitions Editor, Sydney GRETCHEN FRIEMANN: Mergers & Acquisitions Editor, Sydney 19 August 2016 Shell has called on investment bank JPMorgan to offload its $1 billion-plus portfolio of oil exploration and production assets in New Zealand, with some analysts questioning whether Australian players will express interest in the offering. It comes as part of a global selldown by the oil and gas giant, which signalled a retreat from various markets, amid a $US30bn ($39bn) global asset sale plan following its $US50bn takeover of BG Group. read more Share this: Facebook Twitter Email Print Like this: Loading... Posted in: Australia, BG Group, Exxon Mobil, Gas, Oil, Royal Dutch Shell Plc, Shell. Tagged: Australia · ExxonMobil · Gas · Oil · Royal Dutch Shell Plc · Shell