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Wednesday, 19 July 2017

Shell, Petronas to begin work on Borollos gas field 9B in 4Q2017 after delays

Royal Dutch Shell and Malaysia’s Petronas will begin work on phase 9B of the Borollos 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 mn project will produce between 350 and 400 mcf/d once operational.

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