Shell freezes Beaufort start-up

Anglo-Dutch supermajor Shell said that it is delaying drilling on its Sivulliq prospect in the Beaufort Sea off northern Alaska for a year because of an environmental lawsuit.

The company, which spent $44 million on leases in the area in 2005, had planned to begin drilling at the prospect later this year. A group of environmentalists filed a lawsuit with the Ninth Circuit Court of Appeals in San Francisco to stop the drilling project due to concerns about its impact on marine mammals.

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