Shell makes big deepwater oil discovery in Gulf of Mexico
The Whale is operated by Shell and co-owned by U.S. oil giant Chevron Corp (CVX.N). “Evaluation of the discovery was ongoing, and appraisal drilling is underway to further delineate the discovery and define development options,” Shell Offshore Inc said in a statement without giving figures. Shell has three Gulf of Mexico deepwater projects under construction — Appomattox, Kaikias and Coulomb Phase 2.
Source:: https://finance.yahoo.com/news/shell-makes-big-deepwater-oil-184007806.html
