Shell spins off more, selling Norway and Malaysia blocks  

SHELL is most of the way through its US$30 billion asset spin off after selling a further $1.3 billion worth of assets, this time in Norway and Malaysia. 

Shell spins off more, selling Norway and Malaysia blocks   Shell spins off more, selling Norway and Malaysia blocks   Shell spins off more, selling Norway and Malaysia blocks   Shell spins off more, selling Norway and Malaysia blocks   Shell spins off more, selling Norway and Malaysia blocks  

Shell spins off further

The supermajor will sell its 45% share of the Draugen offshore field and a 12% interest in its Gjoa block to Norwegian firm OKEA for $566 million, and has already completed the sale of its 15% share