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RSS FeedsShell agrees to sell Upstream Interests in Denmark to Noreco for $1.9 billion
(WorldNews Netherlands)

 
 

17 october 2018 16:52:09

 
Shell agrees to sell Upstream Interests in Denmark to Noreco for $1.9 billion
(WorldNews Netherlands)
 


The sale is subject to regulatory approval and expected to be completed in 2019. The transaction`s effective date is 1 January 2017. Andy Brown, Shell`s Upstream Director, said: ``Today`s announcement is consistent with Shell`s strategy to simplify its portfolio through a $30 billion divestment programme, and contributes to our goal of reshaping the company into a world class investment case.`` As part of the agreement, Noreco will assume all of Shell`s existing...


 
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