Shell agrees to sell North West Shelf interest to ADNOC's XRG for $1.45 billion
Tue 06:11
Shell agrees to sell North West Shelf interest to ADNOC's XRG for $1.45 billion Nov 3 (Reuters) - Shell SHEL.L on Tuesday agreed to sell its 16.67% non-operated stake in Australia's North West Shelf project to subsidiaries of XRG, the international investment arm of ADNOC, for $1.45 billion plus additional milestone-linked payments.
(Reporting by Yadarisa Shabong in Bengaluru; Editing by Sonia Cheema)
((Yadarisa.Shabong@thomsonreuters.com; +91 9742735150;))