Skip to main content

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.

 

This article has been tagged under the following:

Downstream news Shell news Downstream contract news Downstream contract news