Shell pledges long-term commitment to North Sea oil

摘要

His comments came as new research showed that 40 per cent of companies in the North Sea produce no oil. Ed Daniels said in an interview with the Daily Telegraph that the UK arm of Royal Dutch Shell will continue to have a major presence in North Sea production. This is despite suggestions by commentators that the Larger companies will wind down their activities, leaving the area's mature oil and gas fields to niche specialist players and sovereign wealth funds. Mr Daniels said: "There's a misperception that oil majors, Shell included, are not particularly interested in the North Sea.