Clifford Chance leads on Shell’s $3bn disposal of North Sea assets

Clifford Chance leads on Shell’s $3bn disposal of North Sea assets

Clifford Chance, Dechert, White & Case and Watson Farley & Williams have all landed roles on Shell’s sale of $3.8bn worth of North Sea oil and gas assets.

The deal sees British investment firm Chrysaor Holdings buy out an initial consideration of $3bn plus an additional potential payment of up to $600m subject to commodity price and $180m for future oil and gas finds.

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