Local Business Shell gives North Sea FID number 11 this year, six more to go, Woodmac says By Mark Lammey October 11 2018, 9:28 am October 11 2018, 9:28 am Share Shell gives North Sea FID number 11 this year, six more to go, Woodmac says Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/1583374/shell-gives-north-sea-fid-number-11-this-year-six-more-to-go-woodmac-says/ Copy Link The Shearwater helipad. EV interviewed Shell on board the platform, as the operator today celebrates 50 years of North Sea production. Shell’s decision to go after gas from the Arran field gave the UK North Sea its 11th project sanction of 2018. And another six final investment decisions (FIDs) could follow before December 31, an analyst said yesterday. Lucy King, of energy consultancy Wood Mackenzie (Woodmac), said operators had committed about £3 billion in development capex so far this year. >> Read more on Energy Voice here <<
