Low domestic Saudi gas prices meant Shell’s Kidan sour gas joint venture never looked like taking off. The major is finally calling it quits.
Shell has finally confirmed what has been an open secret for some time. It has ended its involvement in the Kidan sour gas joint venture with Saudi Aramco in the forbidding Rub’ al-Khali desert, closing the chapter on a much heralded upstream opening in the kingdom over a decade ago. (CONTINUED - 1076 WORDS)