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ADNOC selects Shell to develop Bab Sour Gas project in Abu Dhabi

Shell has been chosen by the Abu Dhabi National Oil Company (ADNOC) to participate in a 30-year joint venture (JV) to develop the major Bab sour gas reservoirs in the Emirate of Abu Dhabi. Shell will hold a 40% equity stake in the JV, with ADNOC holding 60%.

The two companies will now enter a period of commercial and technical work leading to the development of the Bab sour gas reservoirs, which are 150 kilometres south-west of the city of Abu Dhabi.

It is intended that the JV will be the operator, and that the gas will supply the local market in the United Arab Emirates.

Peter Voser, Shell’s Chief Executive Officer, said: “Shell is honoured to have been selected by ADNOC to develop the Bab sour gas reservoirs. We have more than 60 years’ experience of safe and successful sour gas field development globally and we will apply this experience, along with our leading research and development, and technology expertise, to the development of the Bab resource. We will also work closely with ADNOC to enhance the technical expertise of its workforce through effective knowledge transfer.

“We value our long and successful partnership with ADNOC, and look forward to continuing to play a role in helping the United Arab Emirates meet its energy needs.”

Notes to editors:

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

Shell's presence in Abu Dhabi dates back to 1939 as a shareholder of Petroleum Development (Trucial Cost) Ltd. Today, Shell is a joint venture partner in the Abu Dhabi Company for Onshore Oil Operations (ADCO) and in Abu Dhabi Gas Industries Ltd. (GASCO).

Enquiries:

Shell Media Relations:

International +44 207 934 5550

Middle East & North Africa +971 4 7055347

Shell Investor Relations:

International +31 70 377 4540

North America +1 713 241 1042

Cautionary note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this release refer to companies in which Royal Dutch Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control are referred to as “associated companies” or “associates” and companies in which Shell has joint control are referred to as “jointly controlled entities”. In this release, associates and jointly controlled entities are also referred to as “equity-accounted investments”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect (for example, through our 23% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest. 

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