Shell plots $2b North West Shelf exit

Shell will sell its 16.67 stake in the Woodside Energy-run North West Shelf joint venture for $2 billion to Abu Dhabi's state-owned national oil company, but the Perth-based operator retains...

Shell will sell its 16.67 stake in the Woodside Energy-run North West Shelf joint venture for $2 billion to Abu Dhabi’s state-owned national oil company, but the Perth-based operator retains a right to pre-empt the deal.

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