By Dow Jones Newswires
Royal Dutch Shell PLC said on Tuesday it has suspended production on two offshore oil and gas platforms following the shutdown of a major European oil transport node. The British-Dutch oil giant confirmed that it has halted the flow of oil and gas from its Shearwater and Nelson platforms in the central North Sea as a result of the shutdown of the Forties Pipeline System owned by Ineos, a refining and chemicals company. Ineos closed down the Forties Pipeline after a hairline crack worsened following its discovery Wednesday, south of Aberdeen, Scotland. The company said pipeline repairs could take a “matter of weeks,” during which Forties would remain out of commission. FULL ARTICLE
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