After a long period of speculations, Shell is allegedly now just days away from selling off many of its assets in the North Sea. The ten-year-old British oil company Chrysaor, with financial aid from US equity fund EIG, is supposedly on the brink of taking over oil and gas assets worth USD 3 billion (EUR 2.8 billion).
The transaction is expected to be announced in relation to the release of Shell's annual report, Thursday, Feb. 2, writes Reuters, citing anonymous sources in the bank sector.
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