Shell looking to sell Permian assets: report

Sale of 260,000 net acres could bring in more than $10 billion for debt-ridden supermajor

Permian sale?: Shell may be looking to offload its assets in the US Permian basin, a move that could bring a price tag in excess of $10 billion — Permian sale?: Shell may be looking to offload its assets in the US Permian basin, a move that could bring a price tag in excess of $10 billionPhoto: AFP/SCANPIX

Mark Passwaters

Houston

Shell Gulf of Mexico Permian Basin US Americas

Published 14 June 2021, 14:29Updated 15 June 2021, 12:05