Shell to sell huge part of North Sea assets to Chrysaor in $3billion deal

Royal Dutch Shell is nearing the sale of a large part of its North Sea oil and gas assets to private equity-backed Chrysaor for $3 billion, banking sources said, marking a milestone in its drive to reduce debt after buying BG Group. Chrysaor, a North Sea-focused oil company backed by private equity fund EIG Partners,… Read More Shell to sell huge part of North Sea assets to Chrysaor in $3billion deal