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XRG to Buy Shell’s North West Shelf Stake for $1.45 Billion

Abu Dhabi’s XRG will acquire Shell’s stake in the Woodside Energy-operated North West Shelf project for $1.45 billion, giving the ADNOC subsidiary its first Australian asset.

SHEL

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:** Abu Dhabi's XRG will buy Shell's LSE:SHEL stake in the Woodside Energy-operated North West Shelf project for $1.45 billion, giving the ADNOC subsidiary its first Australian asset.** Four shareholders in…

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