Introduction

The North Sea has a rich history and one which was never expected to last so long or to be so fruitful. Beginning with nothing, over the last 35 years, this industry has invested over 200 billion pounds and produced around 27 billion barrels of oil for UK plc. Shell has grown up with the North Sea, investing as operator, one quarter of the 200 billion pounds and producing a quarter of the total production.

• Shell U.K. Limited is a leading operator in the UK sector of the North Sea, operating on behalf of Shell, Esso and other co-venturers.
• Shell is also a co-venturer with BP in the Atlantic Margin fields West of Shetland and off the Faroes.
• In Scotland we provide direct and indirect employment for around 5,000 people offshore and onshore and in the UK around 8,000.

• We produce some 20% of Britain’s oil and 20% of its gas, enough to supply over one third of UK domestic gas customers.
• We have interests in 57 fields, operating 15 offshore production platforms and produce from twoFloating Production, Storage and Offtake vessels (FPSOs) and 23 gas fields.

• We also operate two Gas Plants and one Natural Gas Liquid (NGL) Fractionation Plant with a Marine Loading Terminal. The Gas Plants are located at St Fergus near Peterhead and at Bacton in Norfolk. The Mossmorran NGL Plant is at Cowdenbeath in Fife with the Marine Terminal about four miles south of the Firth of Forth.