Shell continues stride with deepwater projects


This is on badly edited article. Libreoffice spellchecker offline?

Dateline 2015-09-26, Borneo Online:

The oil and gas (O&G) sector, as covered in last week’s feature ‘Volatilty in the O&G Market’, has experienced much instability of late with oil prices impacted by various ongoing factors.

This has not slowed oil and gas giant Shell plc (Shell) from continueing its stride in the local markets as it had

Any Sarawakian will know the Shell brand – it has been in Malaysia for 120 years, first making its mark in Miri. It was also in this country where Shell’s upstream industry actually first began, with the country’s first oil well discovered by Shell on Canada Hillm Miri back in 1910.

Since then, Shell’s upstream business has grown from strength to strength: from Sarawak to Sabah and back down to Bintulu, where a natural gas liquefaction venture was formed,

The abundance of gas also prompted the establishment of the world’s first commercial middle distillate synthesis – the Shell Middle Distillate Synthesis plant – in Bintulu in 1993. As the first commercial Gas to Liquids (GTL) plant of its type, this allows Shell to sell ultra clean GTL products to the world.

From there, Shell eventually ventured into the deepwater industry offshore Sarawak.

 

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