The Anglo-Dutch oil giant is selling most of its interest in Australian oil and gas company Woodside Petroleum.
June 17, 2014 at 12:34 AM
1 minute read
The original version of this story was published on Global Lawyer News
Clifford Chance is advising Royal Dutch Shell Plc. on a $5.7 billion divestment of most of its interest in Australian oil and gas company Woodside Petroleum Ltd.
Shell is reducing its stake in Woodside from 21.3 percent to 4.5 percent. In a statement, Shell said that it wanted to focus its on directly owned assets in Australia.
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