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Oil & Gas

Beryl sale completed

US oil and gas operator Hess said yesterday it completed the sale to Shell of its stakes in the North Sea Beryl area fields earlier this month.
By Energy Reporter
31/01/2013, 10:03 am Updated: 31/01/2013, 8:06 pm
Beryl sale completed
US oil and gas operator Hess said yesterday it completed the sale to Shell of its stakes in the North Sea Beryl area fields earlier this month.

US oil and gas operator Hess said yesterday it completed the sale to Shell of its stakes in the North Sea Beryl area fields earlier this month.

It also announced annual results, with revenue and non-operating income for 2012 of £24.3billion up slightly on the year before. Net profits last year totalled £1.4billion, up from £633million in 2011.

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