Oil & Gas Journal: Shell aims to expand activity in Malaysia: "Shell Malaysia's Chairman, Datuk Jon Chadwick, says the company is looking for more upstream E&P, reported the Malaysia Star." Posted Tuesday 6 December 2005
(Asia-Pacific) - Shell Malaysia's Chairman, Datuk Jon Chadwick, says the company is looking for more upstream E&P, reported the Malaysia Star.
"That is what will be driving us in the years to come."
"The E&P business is growing and investment levels remain very
robust. We are not sitting on our laurels; we have been here for 114
years and we are investing at record levels," the Star quotes
He said the group planned to grow the E&P business by continuing
an aggressive exploration campaign, developing discoveries in a timely
and efficient manner.
"Together with partner, Petronas Carigali Sdn Bhd, we signed two blocks in February this year -- ND6 and ND7 (ultra deepwater blocks off the east coast of Sabah) -- and we are on the lookout for more exploration acreage," he adds.
Blocks ND6 and ND7 are located in waters of up to 4,000 m depth in the South China Sea.
Click here for ShellNews.net HOME PAGE