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Upstream engine

Shell’s upstream engine focuses on cash generation from some of our mature basins. Focused exploration, license renewals and the application of Shell’s advanced technology all will contribute to extending the life of these assets in a safe and responsible manner. Through new field developments and commercial options, selective growth will occur in these assets to contribute to offsetting natural field decline.

Our positions in Europe, South East Asia and some of the Middle East are included in the upstream engine and should underpin the financial performance of the upstream business up to the end of the decade and beyond.