Shell exits Cyprus Aphrodite gas field in $720m deal

Energy company Shell said on Friday it had ‌agreed to sell its BG Cyprus unit to Hungarian oil and gas firm MOL Group for up to $720 million, as the British oil major sharpens its focus on LNG ​operations. BG Cyprus’ 35 per cent non-operated interest in a Cyprus Offshore block, home ​to the Aphrodite […]