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Shell exits development of Bab sour gas reservoirs

18-Jan-2016 -- Following a careful and thorough evaluation of technical challenges and costs, Shell has decided to exit the joint development of the Bab sour gas reservoirs with ADNOC in the emirate of Abu Dhabi, and to stop further joint work on the project. The evaluation concluded that for Shell, the development of the project does not fit with the company’s strategy, particularly in the economic climate prevailing in the energy industry.

 

Source: http://www.shell.com/media/news-and-media-releases/2016/shell-exits-development-of-bab-sour-gas-reservoirs.html

 

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