Shell Oil has, since last year, announcing divestments in order to overcome the oil crisis and to pay their debts, as already reported by Panorama Offshore (http://migre.me/wdeK6). The newest divestment of the Dutch company was the sale of production assets of oil sands in Canada.
In an agreement made with the Canadian Natural Resources, the largest energy companies in Canada, Shell will take $ 7.25 billion from the sale. Dutch oil company's goal is, by 2018, raising $ 30 billion in asset sales.
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