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North Sea sale move after Shell profit warning

Screen Shot 2014-02-15 at 09.44.10Royal Dutch Shell plans to put three oil and gas assets in the North Sea up for sale as it seeks to ramp up disposals and focus on improving shareholder returns after a shock profit warning.

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by PERRY GOURLEY: Saturday 15 February 2014

Royal Dutch Shell plans to put three oil and gas assets in the North Sea up for sale as it seeks to ramp up disposals and focus on improving shareholder returns after a shock profit warning.

Shell, attempting to win round investors after a major profit warning earlier this year, is targeting $15 billion (£9bn) of disposals over the next two years.

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