Shell Finalizes Sale of Its Interest in Aera Energy to IKAV

Shell Finalizes Sale of Its Interest in Aera Energy to IKAV
Photo Credit: Photographic Services, Shell International Limited; Copyright: Kent Smith

Shell Offshore, a subsidiary of Shell, has sold its 100% interest in Onshore Ventures LLC which holds a 51.8% membership interest in Aera Energy LLC to IKAV.

This transaction came in line with Shell’s strategy to create a resilient and competitive upstream portfolio by focusing on positions with high growth potential and a strong integrated value chain.

 

 

 

 

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