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.

Jan 15, 2026, 6:12 AM