Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

Shell looks to sell off its stake in controversial Cambo oilfield

protesters hold a sign saying Stop Cambo
Fierce opposition greeted Shell’s plan to drill at the Cambo oilfield. Photograph: Andy Buchanan/AFP/Getty Images

Shell is hoping to find a buyer for its stake in a controversial oilfield off the Shetland islands that became a key focus for the UK’s anti-fossil fuel campaigners.

The oil company still holds a 30% stake in the Cambo oilfield more than a year after it cast the project’s future in doubt by pulling the plug on its investment, blaming a weak economic case and the risk of delay.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.