Royal Dutch Shell Plc  .com Rotating Header Image

How a Giant Kazakh Oil Project Went Awry

Extracts from a highly informative Wall Street Journal article by , and

…the project has been plagued by budget blowouts, engineering missteps and management disputes extending from offshore roughnecks to top government and corporate leaders. Miles of leaky pipeline make up what is arguably the world’s most expensive plumbing problem. The project is years late, more than $30 billion over budget and now halted indefinitely.

“Nobody’s happy with the governance, and I don’t think anybody’s happy with the operatorship,” Shell Chief Financial Officer Simon Henry said.

FULL ARTICLE

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “How a Giant Kazakh Oil Project Went Awry”

Leave a Comment

%d bloggers like this: