Norske Shell divests USD526m of stakes in Norwegian offshore fields

MOSCOW (MRC) -- Norske Shell, a subsidiary of Royal Dutch Shell, has divested its interests in the Draugen and Gjoa offshore fields on the Norwegian continental shelf (NCS) to oil and gas firm OKEA for Nkr4.52bn (USD526m), according to Offshore Technology.The firm signed an agreement with OKEA in June for the sale of its stakes in the fields.OKEA acquired Norske Shell's 44.56% operated in

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