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RDSB Shell Plc

1,894.60
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:RDSB London Ordinary Share GB00B03MM408 'B' ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1,894.60 1,900.40 1,901.40 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Eni Sees Kashagan Producing 370,000 Barrels of Oil a Day by Mid-2017

29/07/2016 2:56pm

Dow Jones News


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By Eric Sylvers

 

Eni SpA (ENI.MI) Friday said it sees the long-troubled Kashagan oil field in Kazakhstan producing 230,000 barrels of oil a day by the end of this year.

The field, which is slated to begin production in October, will then ramp up to 370,000 barrels of oil a day by the middle of 2017, said Antonio Vella, Eni's chief of upstream operations.

Kashagan, which has been developed by Eni in partnership with Royal Dutch Shell PLC (RDSA) and other oil companies, had been slated to start production in 2005. The first oil flowed in 2013, but the field had to be shut down almost immediately due to gas leaks.

 

Write to Eric Sylvers at eric.sylvers@wsj.com

 

(END) Dow Jones Newswires

July 29, 2016 09:41 ET (13:41 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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