DutchNews.nl,
Monday 07 October 2013
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Nos (ANP) |
Outgoing
Shell chief executive Peter Voser says in an interview with the Financial Times
his biggest regret during his time at the company is the failure of the
company’s huge bet on US shale gas.
The FT says
Shell has invested at least $24bn in so-called unconventional oil and gas in
North America. But the investment has yet to pay off and in August Shell said
it would carry out a ‘strategic review’ of its US shale activities.
‘Unconventionals
did not exactly play out as planned,’ Voser is quoted as saying.
He also
admitted exploration results in US shale beds had been disappointing. ‘We
expected higher flow rates and therefore more scalability for a company like
Shell,’ he said.
Speaking to
the paper three months before he is due to step down, Voser also described the
technical setbacks Shell has suffered in its exploration campaign off the coast
of Alaska as one of his greatest disappointments in the job.
Voser said
he did not know if Shell would go back into Alaska in 2014 or 2015.
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