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Shell divests Danish assets

SHELL has sold its entire upstream oil and gas assets in Denmark to Noreco for US$1.9 billion (A$2.68 billion) in what is the latest move by the company to strategically divest from ageing and mature fields worldwide.

Paul Hunt
Shell divests Danish assets

  Noreco will acquire Shell's 37% interest in the Danish Underground Consortium, the country's largest and most productive oil and gas venture with an output of more than 180,000 barrels of oil equivalent...

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