Shell reportedly poised to sell three North Sea oil assets

|By:, SA News Editor

Royal Dutch Shell (RDS.A, RDS.B) is expected to announce the sale of three of its North Sea assets as the company speeds up its plan to sell $15B in assets, the Telegraph reports.

Shell staff reportedly were briefed about the sale of the Anasuria, Nelson and Sean assets in recent days and an announcement by the company is expected shortly.

Despite the sale, Shell says it remains committed to the North Sea, where production has been falling steadily.