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Shell (RDS.A, RDS.B) agrees to acquire Hess' (HES) interests in the Beryl area fields and the...

Shell (RDS.A, RDS.B) agrees to acquire Hess' (HES) interests in the Beryl area fields and the Scottish Area Gas Evacuation System for $525M. The deal is a “mild positive” for HES in its efforts to raise cash, Tudor Pickering says, and the deal is in line with its strategy to divest non-core, mature assets.
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