New infrastructure players to help UK North Sea in twilight years

Screen Shot 2014-06-23 at 11.37.41Extract from a Reuters article by CLAIRE MILHENCH published 1 July 2014

(Reuters) – The ageing oil and gas network of the UK North Sea is seeing a welcome rise in interest from infrastructure specialists and pension funds, giving oil majors a chance to offload unwanted assets and ultimately improve recovery from mature fields. Talisman, Shell and Marathon all have North Sea assets on the block, but buyers are getting picky. In June, Marathon failed to sell its Brae facilities, saying it had received no “acceptable offer”.

FULL ARTICLE

*This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, and shellwikipedia.com, are owned by John Donovan - more information here. There is also a Wikipedia segment, the Shell DPA Files, "Shell and the Spies", the Shell Leaks files, as well as books written and published by John Donovan - Kindle eBooks. Timeline of the Donovan Shell Feud. Toxic History of Royal Dutch Shell Group. Shell and the Donovans: The Full Media Record — 550+ Articles, 110 Books, 40 Years. *All created and supported by internet wizz, Nick Gill.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.