- Shell and Hess Corporation signed an agreement on May 29, 2012 to acquire Hess's 15.67% interest in the BP operated Schiehallion field. The sale which completed on 28 September 2012 brings Shell's equity in Schiehallion to 49%"
- In 2010 we increased our interest in the Clair field from 18% to 28%. Clair lies west of Shetland and is operated by BP.
- Shell is a leading operator in the UK sector of the North Sea and intends to maintain this position. Offshore, Shell has interests in more than 50 fields, operates more than 30 platform installations, 30 subsea installations and one production (FPSO) vessel. Onshore, we operate three gas plants; the St. Fergus Gas Terminal and Fife NGL Plant (with Braefoot Bay marine terminal) in Scotland, and Bacton in the east of England. Shell operates a significant number of its interests in the UK Continental Shelf (UKCS) on behalf of a 50:50 joint venture with ExxonMobil. The Shell share of UK oil and gas production is about 8% (140 kboe/d in 2011). Almost half of this is gas. This is almost 4% of total Shell Group production.
- The increase in Shell share of fields is as follows: Beryl, Nevis Central, Nevis North, Nevis Far North, Nevis South Cormorant, Loirston, Ness and Ness South from 23% to 45%. Nevis South from 14.8% to 52.2%. On Nevis West Beryl from 0% to 65.5%. On Buckland from 14.4% to 28.5%, and from 15.9% to 25% on Skene.
Shell To Increase Participation In The Beryl Area Fields In The North Sea
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