Shell, Petronas to begin work on Burullus phase 9B gas field in 4Q2017

petronas-shellRoyal Dutch Shell and Malaysia’s Petronas will begin work on phase 9B of the Burullus gas field in 4Q2017, after having suspended work last year over pricing disagreements with the government, Oil Minister Tarek El Molla said, according to Al Shorouk.

The two sides eventually reached an agreement, but work on the field later stalled again as the state fell behind on payments to Shell and BG. The USD 950 million project will produce between 350 and 400 mmcf/d once operational.

(Source: Enterprise.press)

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s