The transaction represents Shell’s focus on strategically positioning the deepwater business for growth and is consistent with its strategy to pursue competitive projects that deliver value in the 2020s and beyond. The sale contributes to Shell’s ongoing divestment programme.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/31072019/shell-completes-sale-of-gulf-of-mexico-caesar-tonga-asset-to-equinor/
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