Royal Dutch Shell reportedly testing the waters for its $30 billion divestiture plan.
Most of the assets are located in the North Sea.
What will potential buyers be looking at?
Weak selling environment could result in company retaining some assets.
Gary Bourgeault: May 19, 2016 5:35 PM ET
After its $54 billion acquisition of BG Group, Royal Dutch Shell Plc (NYSE:RDS.A) (NYSE:RDS.B) had its credit rating cut after the huge increase in debt. Now it has reportedly entered into talks with interested parties in order to raise about $30 billion from the sale of assets, according to Bloomberg, citing sources not wanting to be identified.
The report said the bulk of the assets in question are from the BG acquisition, with the majority of the assets located in the high-cost North Sea region. In March, other unidentified people said Shell was also shopping assets in India and Trinidad and Tobago, along with the U.S. pipelines.