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Shell, Exxon Near Deal to Sell North Sea Assets to Viaro

30/05/2024

Reuters report that Shell and Exxon Mobil are nearing an agreement to sell their jointly-owned gas fields in the southern North Sea to independent British producer Viaro Energy, according to industry and banking sources.

Viaro operations in the UK Southern Gas Basin

In the Southern Gas Basin of the UK North Sea, Viaro Energy has interests in the Tors, Grove, and Seven Seas fields; several assets in the Easington Catchment Area and the Bacton Catchment Area, which includes the Sean field; as well as the developing Anning and Somerville fields.

KeyFacts Energy: Viaro Energy UK country profile   l   KeyFacts Energy: Acquisitions & Mergers news

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