Shell to spend on new projects
Published by Francesca Brindle,
Editorial Assistant
Hydrocarbon Engineering,
Royal Dutch Shell plc has announced its plans to invest approximately US$25 billion this year (2017) in new oil and gas projects, following a rally in commodity prices in the first quarter (1Q17).
With a major acquisition now wrapped up, the oil and gas behemoth is aiming to boost production in the Gulf of Mexico, Malaysia, Europe and other areas. Industrial Info is tracking more than US$97 billion in active projects involving Shell.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/05052017/shell-to-spend-on-new-projects/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Watlow expands facility in Malaysia
Watlow accelerates growth in Malaysia with expanded facility and long-term commitment to southeast Asia’s industrial development.
