Energy & Petrochemicals #shell#offshore wind
Shell Weighs $1bn Offshore Wind Sell-Off as It Shifts Focus Back to Oil and Gas
Shell is reportedly preparing to launch a sale of its offshore wind farms worth over $1bn, advised by Rothschild & Co and PJT Partners. The move is part of CEO Wael Sawan's strategy to cut costs and focus on higher-returning oil and gas assets, following the divestment of European onshore renewables and Indian renewable firm Sprng Energy.
Jun 15, 2026 1 source