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Monday, 04 July 2016 - 10:17
Shell Boss Taking 'A Good Look' At North Sea Assets
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Royal Dutch Shell's chief executive has said that he is taking "a good look" at the company's North Sea assets, in the light of weak oil prices.

Ben van Beurden said that some older fields might be sold and others decommissioned.

He also said the company's dividend payout was "safe and secure", despite tough conditions for oil companies.

With an annual payout of $15bn, Shell is the biggest payer of dividends among UK companies.

But some have questioned whether Shell can maintain that payout if oil prices remain low.

In January, North Sea Brent Crude fell below $28 per barrel, the lowest level since 2003.

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