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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessShell's Jackdaw Field Set for Development
Shell gave its final investment decision this week to give the green light to develop the Jackdaw gas field in the British North Sea.
- It is expected to come online in the mid-2020s and could provide 6% of UK gas output.
- The plan had originally been rejected by UK authorities but has come back into focus given surging gas prices and a push to enhance the country's energy security.
- Jackdaw, which has reserves of between 120 million and 250 million barrels of oil equivalent, will be tied to Shell's existing Shearwater gas hub. Shell expects the field to produce 40,000 barrels of oil equivalent per day at its peak.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.