Shell looks to sell off its stake in controversial Cambo oilfield stake

Energy giant’s 30% stake in field off the Shetlands up for sale amid fierce opposition to new North Sea drilling

Shell is hoping to find a buyer for its stake in a controversial oilfield off the Shetland islands which became a key focus for the UK’s anti-fossil fuel campaigners.

The oil giant still holds a 30% stake in the Cambo oilfield more than a year after it cast the project’s future in doubt by pulling the plug on its investment, blaming a weak economic case and the risk of delay.