Page 1 - EurOil Week 50 2021
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Issue 621 16•December•2021 Week 50
NEO closes $1bn Exxon deal
Private equity-backed NEO has closed the $1bn takeover of UK North Sea
assets that belonged to ExxonMobil.
Norwegian power deficit looms
South Norway could be struggling with a power deficit in the next five years
because of the increased electrification of oil and gas platforms.
Denmark awards CCS funds
Denmark is providing grants to two projects that aim to store CO2 in the country’s
North Sea zone.
Shell investors back London move
Shell shareholders have voted overwhelmingly in favour of relocating the
company’s headquarters and tax residency to London.
