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SHEL Shell Plc

2,909.00
2.00 (0.07%)
Last Updated: 11:52:57
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 0.07% 2,909.00 2,908.50 2,909.00 2,919.00 2,902.00 2,907.00 1,378,855 11:52:57
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9802 9.76 188.9B

Petronas, Shell, ConocoPhillips JV Starts Gas Production Off Malaysia

12/11/2014 12:26pm

Dow Jones News


Shell (LSE:SHEL)
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   By Jason Ng 
 

KUALA LUMPUR--Kebabangan Petroleum Operating Company Sdn Bhd., a joint venture backed by Petronas, ConocoPhillips and Royal Dutch Shell PLC, said Wednesday it started gas production from the Kebabangan gas field off Malaysia.

Production is expected to reach 500 million standard cubic feet per day by April 2015, the company said in a statement. Kebabangan installed a platform that could process up to 825 million standard cubic feet of natural gas, 80,000 barrels of crude oil and 22,000 barrels of condensate daily, it added.

The joint venture is 40% owned by Malaysia's state oil and gas company Petronas while ConocoPhillips and Shell each held 30% in the operating company.

Write to Jason Ng in Kuala Lumpur at jason.ng@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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