Shell to Sell Stake in Australia Browse Project
'The Browse asset is no longer a strategic fit in the context of Shell's global portfolio'.
Source: rigzone.com
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'The Browse asset is no longer a strategic fit in the context of Shell's global portfolio'.
Shell Salym Development – a subsidiary of Shell – has completed the withdrawal from its 50 per cent interest in the Salym project, which had been jointly developed with Gazprom Neft, a subsidiary of Gazprom.
OOO GPN-Salym projects and Shell Salym Development B.V. can become participants OOO Salym Development, while maintaining parity shares of 50% of the previous owners