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
The Hydrocarbon Engineering Podcast - Overcoming downstream challenges with new technology
In this episode of the Hydrocarbon Engineering Podcast, Omar Sayeed, Centre of Excellence Leader for Reliability, and Rahul Negi, Director of AI and Industrial Autonomous, Honeywell Process Solutions, consider how new, innovative technology can help to overcome some of the challenges facing the downstream oil and gas sector.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
