Shell to sell certain Gulf of Mexico assets to EnVen Energy
Aug 29 (Reuters) - Royal Dutch Shell Plc said it has agreed to sell certain assets in the Gulf of Mexico to independent oil and gas company EnVen Energy Corp for $425 million, plus royalty interests.
Houston-based EnVen plans to buy the Brutus/Glider assets, which include a subsea production system, and the deal is expected to close in October. (Reporting by Vishaka George in Bengaluru; Editing by Shounak Dasgupta)
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