British oil major Shell, through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco), to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for a consideration amount of $1.9 billion.
SOGU is a wholly-owned Shell subsidiary that holds a 36.8% non-operating interest in the Danish Underground Consortium (DUC). The sale is subject to regulatory approval and expected to be completed in 2019. The...
https://safety4sea.com/shell-leaves-from-denmarks-offshore-oil-and-gas/