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Replies to #404 on Shell Plc (SHEL)

Timothy Smith

11/19/15 11:04 AM

#405 RE: OTCdoc #404

Royal Dutch Shell (RDS.A, RDS.B) says it will decide next year whether to resume installing subsea compressors at its giant Ormen Lange field offshore Norway, after stopping the project last year to save costs.

The Ormen Lange field, which feeds the Langeled pipeline under the North Sea, is one of the U.K.'s biggest sources of natural gas; Shell's partners include Statoil, Exxon Mobil and Dong Energy.