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Shell will postpone final investment decisions for two oil and gas projects


Sinopec News May 15,2020 Shell is considering postponing a final investment decision for the U.S. Gulf Whale project. The company found a large deep water field in the United States Gulf of Mexico in January 2018, and said it was "one of the largest exploration discoveries in the United States in the Gulf of Mexico in the past decade ". Shell is the operator of the Whale project, with 60% equity and Chevron with the remaining 40% equity.

 

Also, Shell plans to postpone final investment decisions for the UK's North Sea Jackdaw gas fields. initial development plan of the company was to connect the gas field to the existing Shearwater platform in 2024.

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