Shell to exit up to 10 countries following BG Group acquisition

By Trisha Harris And Claire Hibbit 

Royal Dutch Shell has announced it will exit oil and gas operations in as many as 10 countries as part of a shift in strategy following its acquisition of BG Group.

In a company update released on Tuesday, Royal Dutch Shell CEO, Ben van Beurden, said Shell’s strategy “should lead to a simpler company, with fundamentally advantaged positions, and fundamentally lower capital intensity”.

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This story first appeared in C&I Week.