Source: iNVEZZ

BG Group: Shell share price: Group inks deal to offload assets in Norway

iNVEZZ.com:Royal Dutch Shell (LON:RDSA) has agreed to sell its interests in the Draugen Norwegian offshore field and the Gjøa block for a total of $556 million, the Anglo-Dutch group has said. The move comes as the company continues with its $30-billion disposal programme in the wake of the acquisition of BG Group.Shell's share price has been little changed in today's session, having added 0.02 percent to 2,562.00p as of 14:41 BST. The stock is underperforming the broader UK market, with the benchmark FTSE 100 index currently standing 0.80 percent higher at 7,664.54 points. The group's shares have added more than a quarter to their value over the past year, as compared with about a 2.8-percent gain in the Footsie....

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Est. Annual Revenue
$10-50B
Est. Employees
5.0-10K
Helge Lund's photo - CEO of BG Group

CEO

Helge Lund

CEO Approval Rating

74/100

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