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Petroleum News: Shell eyes bigger quarters in Anchorage

Week of April 01, 2007: Vol. 12, No. 13 
Oil Patch Insider

Shell is said to be scouting commercial office space in Alaska on the lookout for at least 35,000 square feet to house a substantially expanded in-state exploration team.

The Houston, Texas-based company currently maintains a small office in Anchorage, but has become increasingly busy with Alaska projects offshore the North Slope and in the Bristol Bay area.

Shell officials are eyeing the Anchorage market and hoping to negotiate a lease for one of at least three suitable locations, according to one knowledgeable Petroleum News source.

If the company is unable to find a good fit for its needs, Shell officials have said they will consider building their own offices, said the source, who asked not to be identified.

“The important thing is that they have committed to bring enough people to Alaska to fill 35,000 square feet. This will be quite a boost to the area,” he said.

—Rose Ragsdale

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