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Shell to decide on Ormen Lange subsea compression in 2016

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Screen Shot 2015-09-17 at 07.55.40STAVANGER, NORWAY: Business News | Thu Nov 19, 2015

Shell plans to decide next year whether to resume installing subsea compressors at its giant Ormen Lange field offshore Norway, a company’s senior executive said on Thursday, after stopping the project last year to save costs.

“We still expect in the course of 2016 that we will get to a point where we can see whether we can sanction a good development there or not,” Mark Wildon, a vice-president at Shell Norway, told Reuters on the sidelines of an energy conference. read more

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Shell gives up on big subsea project in Norway

Screen Shot 2014-02-10 at 16.29.29Extract from a Reuters article by Balazs Koranyi published 11 April 2014

(Reuters) – Royal Dutch Shell has postponed an innovative project to provide subsea gas compression on Norway’s Ormen Lange field, one of the biggest gas fields in Europe, it said on Friday. “The oil and gas industry has a cost challenge,” Shell said in a statement. “This, in combination with the maturity and complexity of the concepts and the production volume uncertainty, makes the project no longer economically feasible.” read more

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.
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