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  • Shell invests in the Jackdaw gas field in the UK North Sea
    édité le 26/07/2022 - Plus de news de "SHELL" - Voir la fiche entreprise de "SHELL"


Shell invests in the Jackdaw gas field in the UK North Sea
BG International Limited, an affiliate of Shell U.K. Limited, has taken the final investment decision (FID) to develop the Jackdaw gas field in the UK North Sea, following regulatory approval earlier this year. Jackdaw will comprise a wellhead platform that is not permanently attended, along with subsea infrastructure which will tie back to Shell’s existing Shearwater gas hub.

The project is expected to come online in the mid-2020s, and at peak production rates, could represent over 6% of projected UK North Sea gas production in the middle of this decade, with operational emissions of less than 1% of the whole UK basin. That is enough energy to heat 1.4 million homes.

“We are committed to providing our customers with secure and stable supplies of energy, and to do so responsibly, efficiently and economically,” said Shell Upstream Director, Zoe Yujnovich. “Investments like Jackdaw are consistent with the UK’s North Sea Transition Deal and Shell’s Powering Progress strategy, providing the energy people need today while serving as the foundation for investments in the low carbon energy system of the future.”

Jackdaw is part of Shell U.K.’s broader intent to invest £20 to £25 billion in the UK energy system in the next decade, subject to Board approval and stable fiscal policy, with the aim of investing 75% in the development of low and zero-carbon products and services. Hundreds of millions of pounds are expected to be spent in the UK supply chain during Jackdaw’s construction, which is a significant boost to companies, jobs and the prosperity of communities.

Projects like Jackdaw will help ensure the overall decline in UK North Sea production is gradual rather than too steep, matching a gradual drop in hydrocarbon demand as the energy transition takes place. Gas from the Jackdaw field will come ashore at St Fergus, where Shell is involved in the development of the Acorn Carbon Capture and Storage project, which could sequester carbon dioxide (CO2) from industrial clusters in Scotland, the UK and northern Europe. The Acorn project could also reform natural gas into low-carbon hydrogen, by capturing and storing the CO2.

Notes:
   - The Jackdaw field is located approximately 250 km east of Aberdeen, Scotland, and is adjacent to the UK/Norway median line.
   - The Jackdaw field is 100% owned and operated by BG International Limited, an affiliate of Shell U.K. Limited, which became part of the Shell group of companies in 2016.
   - The Jackdaw development consists of a new Wellhead Platform (WHP), four production wells and a 31 km pipeline from the Jackdaw WHP to the Shearwater gas hub.
   - Peak production from the field is estimated at 40,000 barrels of oil equivalent per day.
The UK North Sea is one of Shell’s core Upstream positions, attracting capital to high margin hydrocarbon projects that can be resilient    - to commodity price cycles.
   - Jackdaw is part of a wider vision for Shell in the UK, sitting alongside recently announced low-carbon energy projects, including the building of two new floating offshore windfarms around the Scottish coast, which could power six million homes, along with a target of having 100,000 public EV chargepoints operational in the UK by 2030.

About Shell plc

Shell is a global group of energy and petrochemical companies that aims to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible.


Origine : Communiqué SHELL

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