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Shell Overseas Holdings Limited, an affiliate of Royal Dutch Shell, has completed its sale of shares in Shell E&P Ireland Limited to Nephin Energy Holdings Limited. It holds 45% interest in the Corrib gas venture, worth up to $1.30 billion. This sale is in line with Shell’s target of divestment for 2016-2018. Shell will retain its presence in Ireland through its JV with Topaz Aviation Ireland Limited.
