RockRose Energy reposted this
Viaro Energy is pleased to announce that we have reached an agreement with Shell and ExxonMobil to acquire a full ownership interest in the Shell-operated UK Southern North Sea assets, one of the largest producing gas portfolios in the UKCS. The transaction also includes ownership of the Bacton Gas Terminal, which is currently used to generate about 40% of Britain’s electricity. This acquisition marks Viaro’s transition to an operatorship role in the North Sea and enables the company to play an increasingly important role in the energy transition. Read the full announcement through the link below. 🔗 https://lnkd.in/ewR7BjMR #NorthSea #OilandGas #Energy