Shell and Anadarko consider split in Texas
The joint venture between Shell and Anadarko in Texas could soon be a thing of the past. The two companies are considering going their separate ways in order to speed up development of oil fields.
Over the past decade, Shell and Anadarko Petroleum Corporation have worked together in a joint venture in the Permian Basin in Texas, USA. But that could soon be over, as the two companies are considering allowing the venture to expire and divvying up the properties in the hope that development will go faster, reports Reuters.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Shell to divest of oil fields in major deal
For subscribers
North Sea government deal is a double win for Maersk
For subscribers
New Danish North Sea deal settled
For subscribers
