OGJ Newsletter

07/14/2014
GENERAL INTEREST — Quick Takes Shell bows out of Kidan gas project in Saudi Arabia Royal Dutch Shell PLC confirmed it will bow out of the Kidan natural gas development project in Saudi Arabia's Empty Quarter. Citing that it has been in "regular dialogue" with officials at the Ministry of Petroleum and Mineral Resources as well as Saudi Aramco—its joint venture partner in the South Rub Al Khali Co. Ltd. (SRAK) gas exploration project—Shell said it "has decided to end further investment in the Kidan development." In an e-mailed statement to OGJ, Shell added, "This was a difficult decision, but Shell remains committed to the Kingdom and we are keen to grow our inve...
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