Thu, 19th Jun 2014 10:24
OSLO, June 19 (Reuters) - German energy firm VNG has agreed to buy U.S. oil firm Chevron's 7.56-percentstake in the Draugen field off Norway, it said on Thursday.
VNG did not say how much the deal was worth.
Royal Dutch Shell is the field's operator with astake of 44.56 percent. Norwegian state-owned Petoro has theremaining 47.88 percent it he field situated in the NorwegianSea. (Reporting by Gwladys Fouche)
(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.
(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.
(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, par...
(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating th...
TOP NEWS SUMMARY: Shell and BHP share unifications go into effect
