TITLE

Shell delays project to boost gas output from Ormen Lange field offshore Norway on costs

PUB. DATE
April 2014
SOURCE
World Energy News;4/14/2014, p15
SOURCE TYPE
Newswire
DOC. TYPE
Article
ABSTRACT
The article reports on oil firm Royal Dutch Shell PLC's (RDSA) postponement of a project for recovering natural gas from its Ormen Lange offshore field in Norway. It mentions that the delay was made due to high cost and uncertainty on reserves. Furthermore, its chairman Odin Estensen notes the complexity of the project and its economic infeasibility.
ACCESSION #
95644614

 

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