Shell selling stake in controversial Cambo oil field
The project – west of Shetland – is the second-largest undeveloped discovery in the UK’s North Sea. …
Shell’s senior vice president of UK Upstream, Simon Roddy, said: “Following an internal review, we have decided to sell our 30% working interest in Cambo and have agreed a process with Ithaca Energy for the sale of Shell’s stake in the field this year.
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