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Shell announces that it will sell New Zealand assets OMV for USUSD 578m category
March 17, 2018

Shell announces that it will sell New Zealand assets OMV for USUSD 578m

Royal Dutch Shell, the Anglo-Dutch energy giant, is all set to sell assets in New Zealand to the Austrian oil and gas syndicate OMV for US$578mn. Shell aspires to become a world class investment and this sale is one step forward in the direction of reshaping and simplification of the company. The head of OMV believes that the purchase would help in developing Australasia as a core region.

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