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 drops Cambo North Sea plans Shell drops Cambo North Sea plans Shell drops Cambo North Sea plans Shell drops Cambo North Sea plans Shell drops Cambo North Sea plans

Shell's headquarters in Perth, Western Australia

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.