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Future opportunities
This strategic theme covers countries and plays where Shell has access to very large resources positions – typically in oil – but where there are surface issues that can slow down the development pace, such as community and government relations, security of our staff and evolving local fiscal and environmental regulations.
In Canada oil sands, we are investing in debottlenecking opportunities and carbon capture and storage to improve the efficiency and environmental footprint of this asset. We are permitting for further larger expansions but there are no immediate plans for an final investment decision – this is for the longer term.
We also have growth projects underway in Kazakhstan, Iraq and Nigeria all of which have significant resource positions but each has its unique challenges which require a measured investment pace.
Shell is a leader in an industry expansion into offshore arctic regions. In 2012 we drilled top holes off the north coast of Alaska, resuming activity there after a 10 year industry absence. This is a high potential exploration province, however any potential development is at least a decade away from fruition.
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Strategic themes
Read more about each of our strategic themes: