Royal Dutch Shell plc has completed the sale of a package of UK North Sea assets to Chrysaor for a total consideration of $3.8bn.
The package of assets consists of Shell’s interests in Buzzard, Beryl, Bressay, Elgin-Franklin, J-Area, the Greater Armada cluster, Everest, Lomond and Erskine, plus a 10 percent stake in Schiehallion. Shell retains a significant, more focused and strengthened presence in the UK North Sea, to which it remains committed.
Royal Dutch Shell plc has completed the sale of a package of UK North Sea assets to Chrysaor for a total consideration of $3.8bn.
The package of assets consists of Shell’s interests in Buzzard, Beryl, Bressay, Elgin-Franklin, J-Area, the Greater Armada cluster, Everest, Lomond and Erskine, plus a 10 percent stake in Schiehallion. Shell retains a significant, more focused and strengthened presence in the UK North Sea, to which it remains committed.
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