Shell to sell North Sea assets to Chrysaor for $3.8 billion

By Ron Bousso LONDON (Reuters) - Royal Dutch Shell has agreed to sell a package of oil and gas fields to private equity-backed Chrysaor for $3.8 billion (3.04 billion pounds), giving the Anglo-Dutch group a major boost in its drive to reduce debt following the acquisition of BG Group. The deal, which accounts for more than half of Shell's production in the North Sea, will breathe new life into the ageing North Sea where production has steadily declined since the late 1990s and where oil majors s