We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Shell Plc | LSE:RDSA | London | Ordinary Share | GB00B03MLX29 | 'A' 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% | 1,895.20 | 1,900.20 | 1,900.80 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
By Ian Walker
Royal Dutch Shell PLC (RDSB.LN) said Monday that it has approved construction of a floating production, storage and offloading vessel at the Penguins oil-and-gas field in the U.K. North Sea.
The FPSO, the company's first in the northern North Sea in almost 30 years, is expected to have a peak production of around 45,000 barrels of oil equivalent a day, Shell said.
"Penguins demonstrates the importance of Shell's North Sea assets to the company's upstream portfolio," Upstream Director Andy Brown said.
Steve Phimister, Vice President for Upstream in the U.K. and Ireland said: "Having reshaped our portfolio over the last twelve months, we now plan to grow our North Sea production through our core production assets."
Discovered in 1974, the Penguin field was first developed in 2002 and is a 50:50 joint venture between Shell, who is also the operator, and Exxon Mobil Corp. (XOM).
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
January 15, 2018 06:32 ET (11:32 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Shell Chart |
1 Month Shell Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions