LONDON | BY RON BOUSSO: Thu May 5, 2016
Ten oil companies including Royal Dutch Shell (RDSa.L), Chevron (CVX.N) and BP (BP.L) are working together to develop standard production equipment, a rare cooperation among rivals to save money as low oil prices put pressure on budgets.
Bespoke valves, paints and underwater equipment are among the items that could be mass-produced at a cheaper cost, Harry Brekelmans, Shell’s Projects and Technology Director told Reuters.
The companies also want to set up institutions to find future savings after the past two years’ industry downturn led to a near standstill in new project approvals.
Mr. Justice Laddie was well aware of our views and was placed in a very difficult position, with his credibility and reputation being publicly called into question and at the highest levels of the state. The various correspondence on the subject ended on 21 April 2005. 
Robin Pagnamenta, Energy Editor: May 5 2016
BY MARK WILLIAMSON: Thursday 5 May 2016
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