Post Tagged with: "$6 billion"

Source: World Oil

QatarEnergy to increase production from Qatar’s largest oil field with $6 billion contract packages

World Oil


(WO) – QatarEnergy has announced the award of the four main Engineering, Procurement, Construction, and Installation (EPCI) contract packages related to the next development phase of the offshore Al-Shaheen field (Qatar’s largest oil field) to increase production by …

Shell Nearing Arctic Development – Under Watchful Eyes

Shell Nearing Arctic Development – Under Watchful Eyes

Huge Expectations, Huge Investment

“If you talk about 500 million barrels, I don’t think that will cut it. It must be a multi-multi-billion barrel discovery that we have there.”

After investing six years and $6 billion of its development capital, …