Shell exits from Abu Dhabi's Bab sour gas project

Source: Shell

Shell has decided to exit the joint development of the Bab sour gas reservoirs with ADNOC.

Following a careful and thorough evaluation of technical challenges and costs, Shell has decided to exit the joint development of the Bab sour gas reservoirs with ADNOC in the emirate of Abu Dhabi, and to stop further joint work on the project. The evaluation concluded that for Shell, the development of the sour gas project does not fit with the company’s strategy, particularly in the economic climate prevailing in the energy industry.

The decision comes after Brent Crude traded at a 12-year low, falling to below $28 per barrel.

Bab field is located just south-west of Abu Dhabi, and is the largest onshore field in the area.

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