Royal Dutch Shell's divestment plans top them both
To boost investor morale, Shell management points to a number of key start-ups in 2014 that it hopes will get cash flow going in the right direction. These include the recently announced positive well test results in onshore Albania, where Shell owns a 75% interest. Shell also added significant acreage during the fourth quarter of 2013 in Australia and Greenland. The hope is that these new positions will compensate some of the lost production once its huge asset sales get under way.