Shell sells Brazilian oil field stake for $1bn

Shell is to sell a 23% interest in an oil field offshore Brazil for $1 billion (£0.6bn). Qatar Petroleum International, the global arm of Qatar Petroleum, which is the world’s largest liquefied natural gas exporter, is buying the stake in the Parque das Conchas (BC-10). Shell will continue to operate it with a 50% interest. […]

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