Missy + 43 MM January 15, 2018 Lots of Shell news today. Shell's finished in Iraq... officially. https://www.reuters.com/article/us-iraq-energy-shell/shell-agrees-to-sell-its-stake-in-iraqs-west-qurna-1-oilfield-to-japans-itochu-idUSKBN1F41TO Quote Share this post Link to post Share on other sites
Kate Turlington + 44 KT January 16, 2018 Trading Iraq for UK North Sea? I see Shell just make a final investment decision on the Penguins offshore field. That would be the first big project here in the North Sea since 2012 (per media reports). Quote Share this post Link to post Share on other sites
Marina Schwarz + 1,576 January 16, 2018 That was surprising, yes. But Shell has proved to be smarter than given credit for, especially around the acquisition of BG Group. Interesting to watch. There must be something left in the North Sea or Shell knows something we don't about Iraq. Quote Share this post Link to post Share on other sites
Marina Schwarz + 1,576 January 16, 2018 Just in: The Penguin field still has 80 million barrels in it. Not too shabby. Quote Share this post Link to post Share on other sites
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