AUSTRALASIA

Shell exits NZ after a century

SHELL will sell all its remaining New Zealand assets to Austrian OMV for US$578 million, including its stake in Maui, NZ’s largest field, as part of the $30 billion divestment plan it announced after the merger with BG Group.

 Shell sells out of New Zealand

Shell sells out of New Zealand

      Shell, which has been in NZ for more than 100 years, sold its interest Kapuni last year to Todd Energy, and will now transfer its remaining assets to OMV, including  Maui, Pohokura and associated...

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