Shell drops Cambo North Sea plans

SHELL has pulled out of the UK North Sea Cambo oilfield project, leaving the UK's Siccar Point Energy with 100% of interest in the controversial project targeting oil production.

Shell's headquarters in Perth, Western Australia

03 December 2021
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The Cambo development has been seen as a direct contrast to the UK's net zero 2050 goals and scrutiny became particularly intense during COP26.

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