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OTC 2018: Shell wants deepwater projects at below $40/barrel

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OTC 2018: Shell wants deepwater projects at below $40/barrel

OpeOluwani Akintayo 02 May 2018, Sweetcrude, Lagos – Despite oil price rising above $75 per barrel, oil major, Royal Dutch Shell wants its deepwater projects at not more than $40 per barrel or below. Deepwater projects need to break even at $40 a barrel or preferably lower, said Harry Brekelmans, Shell’s project and technology director, in …

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OTC 2018: Shell wants deepwater projects at below $40/barrel OTC 2018: Shell wants deepwater projects at below $40/barrel Reviewed by Crude Oil Facilitators on 08:52 Rating: 5

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