Noble Energy To Sell $600M In North Sea Interests

Law360, New York (September 14, 2009, 3:53 PM EDT) -- Noble Energy Inc. may soon be sailing out of the North Sea, having put its European subsidiary on the market in an effort to divest assets some analysts have valued at $600 million.

Noble Energy Ltd. holds non-operated interests in four U.K. Central North Sea producing oil fields, four U.K. Southern Gas Basin fields and an oil/gas field offshore of the Netherlands, as well as significant interests in a number of North Sea developments, exploration assets and a small U.K. onshore position, according to the Web...
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