Shell sells Norwegian field for US$225mil

AMSTERDAM: Royal Dutch Shell PLC says it has agreed to sell its stake in the Statfjord oil field in the Norwegian North Sea and several related assets to Centrica Resources AS for US$225 million.

Shell said Friday its share in the mature field, 9.4 percent, produced 13,300 barrels of oil a day last year. Other major owners include Statoil, ExxonMobil and ConocoPhilips.

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