OPERATIONS

Shell takes output hit from Prelude and QGC

THE shutdown of the Prelude FLNG facility in Western Australia will hit output, though earnings will be higher, Shell told investors on Friday ahead of its fourth quarter results.

paul hunt

Shell takes output hit from Prelude and QGC

Shell will publish its actual fourth quarter results for 2022 on February 2. It said production would likely be 940,000 barrels of oil equivalent per day, reflecting "longer than expected outage of...

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