BBC News
watch One-Minute World News
Last Updated: Friday, 15 June 2007, 14:12 GMT 15:12 UK
Shell rejects asset sale claim
Tern Alpha
Shell announced it was to sell assets in some North Sea oilfields
Shell has rejected an MP's claims that uncertainty over the new SNP government could have been behind its decision to sell some of its North Sea assets.

On Thursday the company announced it was selling its assets in six mature North Sea oilfields and scrapping plans for a £25m headquarters expansion.

Aberdeen South Labour MP Ann Begg met Shell executives on Friday morning.

A spokesman for First Minister Alex Salmond said her remarks bore no relationship to reality.

Unions and politicians have raised concerns over the future of the 400 Shell staff affected.

There is also anger that the company has pulled the plug on the planned subsea centre of excellence at the existing base at Tullos.

Diversionary tactic

Labour MP Ms Begg said uncertainty over the future direction of the SNP government could have been behind the decision.

She said the administration had been constantly picking fights with the Westminster government since coming to power last month.

A Shell spokesman said the decision had nothing to do with politics.

Mr Salmond's spokeman said the comments were an absurd diversionary tactic which would be greeted with ridicule by the industry and the people.


SEE ALSO
Shell to sell North Sea interests
14 Jun 07 |  North East/N Isles
Shell investment 'to secure jobs'
10 Apr 07 |  North East/N Isles
Shell cuts 350 North Sea jobs
17 Mar 03 |  Scotland
Gas deal secures 500 jobs
03 Oct 03 |  Scotland
UK signs Norway gas deal
03 Oct 03 |  Business
Jobs inflated by new gas module
11 Apr 02 |  Scotland

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites



FEATURES, VIEWS, ANALYSIS
Living with insecurity in Mumbai
Sahara reality TV show to highlight climate change
Muslim pilgrims undertake the Hajj amid heavy rainfall

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific