Shell has completed the sale of its oil and gas assets in Gabon to Assala Energy Holdings for $628 million as part of its $30 billion divestment strategy.
The sale was announced in March and is expected to close by 31 December, Shell said in a release. The sale includes Shell’s onshore oil and gas operations and related infrastructure in Gabon.
Assala has purchased operatorship of five fields and participation in four non-operated fields, as well as associated infrastructure for the onshore pipeline system from Rabi...
Log in or register for a free trial to continue reading this article
Not a subscriber?
To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.Sign up