Shell will begin to restart offshore oil and natural gas production in the Gulf of Mexico.
The company also said that it expects full restart of offshore production in the area will take three to five days. Shell said that it found no damage to major units at its 235,000 barrel per day joint venture Motiva oil refinery in Convent, Louisiana, though the restart of the plant depended on the restoration of reliable power supplies. The company reiterated it could begin restarting some processing units at its 220,000 barrel per day oil refinery in Norco, Louisiana, in the "next couple of days" and added it is ramping up production rates at its 290,000 bpd joint venture Motiva refinery in Port Arthur, Texas.
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Thursday, September 4, 2008
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