Theia

Article

Shell and Exxon Halt Sale of UK Gas Assets to Viaro Energy

NATURAL GAS

Shell and Exxon Mobil have stopped the planned sale of natural gas assets in the Southern North Sea to Viaro Energy due to unmet conditions. The sale, involving 11 gas fields and the Bacton Terminal, was agreed upon in July 2024 but will not proceed despite being funded. Shell will retain operation of the assets.

Shell and Exxon Halt Sale of UK Gas Assets to Viaro Energy
Jan 15, 2026, 6:12 AM

No comments yet. Be the first to share your thoughts!