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Shell selling stake in controversial Cambo oil field

Summary by Ground News
Shell is looking for a buyer for its 30% stake in the Cambo oil field. Cambo is the second-largest undeveloped oil and gas discovery in the UK's North Sea. Shell has been rumoured for months to be looking for someone to take over its part.

7 Articles

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BBC NewsBBC News
Center

Shell selling stake in controversial Cambo oil field

The project - west of Shetland - is the second-largest undeveloped discovery in the UK's North Sea.

·United Kingdom
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The GuardianThe Guardian
Lean Left

Shell looks to sell off its stake in controversial Cambo oilfield

Energy firm’s 30% stake in field off Shetlands up for sale amid fierce opposition to new North Sea drilling

·London, United Kingdom
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Press & JournalPress & Journal
Lean Left

North Sea firms agree terms for sale of stake in controversial Cambo oilfield

Shell will seek to sell its 30% stake in the Cambo oilfield after striking a deal on a six-month marketing process with Ithaca Energy.

·United Kingdom
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businessinsiderbusinessinsider
Center

Shell looks to sell stake in Cambo oil field

The oil major is looking for a buyer for its 30% holding in the controversial project

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Evening StandardEvening Standard
Center

Shell looks for buyer for stake in controversial Cambo oil field

The oil major holds a 30% stake in the project, while Ithaca Energy owns the rest

·London, United Kingdom
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StvStv

Oil giant Shell looking to sell stake in controversial Cambo field

The firm's 30% share in the North Sea project is up for sale after several waves of protest against the site.

·Scotland, United Kingdom
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Evening Standard broke the news in London, United Kingdom on Friday, May 5, 2023.
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