Scottish energy giant exits North Sea with £120m sale of gas production business

Wednesday, 23 December 2020

SSE has agreed to sell its North Sea gas business to Viaro Energy in a deal worth around £120m, reports The Herald. The article covers the financial aspects of the deal, noting that the final transaction value will depend on gas prices within the coming years and whether or not the Glendronach prospect in the Greater Laggan area is brought into production.