Shell, Exxon launch sale of UK, Dutch North Sea assets -sources [Financial Post (Toronto, Ontario, Canada)]
Exxon Mobil Corporation (XOM)
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Source: Financial Post
Best baking tools, according to “The Icing Artist,” Canada's YouTube cake decorating star Advertisement Investment bank Jefferies was hired to run the sale, which could raise over $2 billion, the sources said. Launched earlier this month, the sale comes after Shell and Exxon ran initial sales processes for their British and Dutch assets. Shell, Exxon and Jefferies declined to comment. In July, Shell and Exxon launched the sale of their 50-50% NAM joint venture in the Netherlands, operator of the Groningen gas field and one of Europe's largest and oldest natural gas production companies. Reuters reported that Shell was preparing to launch the sale in February. Shell and Exxon are also trying to sell their stakes in their British southern North Sea gas hub, which include the Clipper Leman Alpha hubs as well as the Bacton terminal in eastern England, the sources said. NAM has launched the sale of the NAM offshore assets independently, one of the people said. The sale of
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