Here is the configuration of Shell's North Sea sale

Shell's historic divestment of oil assets in the UK North Sea is not a simple mathematical equation. EnergyWatch sums up the details of the transaction here.
Photo: Alastair Grant/AP/Polfoto
Photo: Alastair Grant/AP/Polfoto

Accountants and lawyers kept busy during this year's very first month – at least if they were hired by either oil major Shell or oil company Chrysaor. The transaction between the two concerns Shell's divestment of oil assets in the UK part of the North Sea, and it is a highly complex deal. EnergyWatch outlines the central elements of the transaction below:

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