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Shell announces sale completion of New Zealand entities

Published by
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/

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