The Shell oil company is selling its businesses in Fiji and other South Pacific Island countries, including, Tonga, Solomon Islands,Cooks Islands and New Caledonia.
Fiji TV reports that Shell will use the assets to increase its investments in larger countries like India and China.
Shell's Fiji manager, Peter Walsh, says the move is a strategic decision similar to major changes taking place in businesses worldwide.
The company has informed governments, and its customers and staff about the move which is expected to take place in 12 to 18 months.