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Friday, June 10, 2011

Royal Dutch Shell to Invest in Gulf of Mexico

From Stocks and Shares TV:

"Royal Dutch Shell has a multi-billion dollar investment plan, and it is the latest step in Royal Dutch Shell plc (LON:RDSA)’s deep-water energy production activities in the Golf of Mexico.

The Cardamom project is expected to produce 50,000 barrels of oil equivalent (boe, or barrell of oil equivalent) a day at peak production and more than 140 million boe over its lifetime."

Read more about the investment in the original article.

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