Shell bids high in Chukchi Sea

News

Royal Dutch Shell claims it is the highest bidder on 275 lease blocks in yesterday’s US Outer Continental Shelf Lease Sale 193 in the Chukchi Sea, offshore northwest Alaska.

With its bids totalling $2.1bn, Shell said that the project opens up new opportunities for jobs and new oil for the Trans-Alaska Pipeline.

‘Our entry into the Chukchi Sea, combined with our lease holdings in the Beaufort Sea, further solidifies our position in Alaska.

‘We believe that success in the Alaska offshore also carries with it great potential for the state,’ said David Lawrence, executive vice-president of Shell Exploration.

Register now to continue reading

Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.  

Benefits of registering

  • In-depth insights and coverage of key emerging trends

  • Unrestricted access to special reports throughout the year

  • Daily technology news delivered straight to your inbox

Register
Or continue by

Signing in with your registered email address