Shell Gives Green Light to Investment at Shearwater Gas Hub
10 December 2018 - 9:54PM
Dow Jones News
By Oliver Griffin
Royal Dutch Shell PLC (RDSB.LN) said Monday said its U.K.
business and partners will invest further in the Shearwater gas
infrastructure hub in the North Sea.
The Anglo-Dutch oil-and-gas company said that at its peak, the
hub is expected to produce 400 million standard cubic feet of gas a
day, or 70,000 barrels of oil equivalent.
The company said this is the seventh final investment decision
it has made in the U.K. North Sea in 2018.
Write to Oliver Griffin at oliver.griffin@dowjones.com;
@OliGGriffin
(END) Dow Jones Newswires
December 10, 2018 05:39 ET (10:39 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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