Skip to main content

Shell announces sale completion of New Zealand entities

Published by , Editorial Assistant
Hydrocarbon Engineering,


Royal Dutch Shell plc (Shell) has completed the sale of its shares in Shell entities in New Zealand to OMV for US$578 million.

This includes the Maui, Pohokura, and Tank Farm assets, and the sale of Shell’s interest in (and operatorship of) the Great South Basin venture, which was subject to a separate agreement.

Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/02012019/shell-announces-sale-completion-of-new-zealand-entities/

You might also like

The Hydrocarbon Engineering Podcast - Overcoming downstream challenges with new technology

In this episode of the Hydrocarbon Engineering Podcast, Omar Sayeed, Centre of Excellence Leader for Reliability, and Rahul Negi, Director of AI and Industrial Autonomous, Honeywell Process Solutions, consider how new, innovative technology can help to overcome some of the challenges facing the downstream oil and gas sector.

Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.

Apple Podcasts  Spotify Podcasts  YouTube

 
 

Embed article link: (copy the HTML code below):