A/S Norske Shell continues to be the Technical Service Provider of the Nyhamna Gas Processing Plant, and partner in the Norwegian full-scale carbon capture and storage (CCS) project and CCS test facility at Mongstad. It is adorned with spiky round shields along its sides. The Draugen is described as a Viking Longship, therefore is clinker-built with wood, and appears to have only one deck. In addition, the company is drilling two exploration wells on the Norwegian continental shelf this year. The Draugen, named after the undead creature Draugr in Norse Mythology, is a ship that appears in the Comic, 'The Legend of Ragnarok'. We continue to have strategic, long-term positions in Troll and Ormen Lange and are actively seeking new growth opportunities,' he added.Īccording to the statement, Shell remains committed to Norway, operating Ormen Lange and Knarr and partnering in Troll, Valemon and Kvitebjorn fields. 'Shell has a long and proud history in Norway. Shell's Upstream Director Andy Brown said the deal was part of Shell’s global, value-driven $30 billion divestment program and was consistent with the company's strategy to high-grade and simplify its portfolio. Upon completion, OKEA will become the new operator of Draugen, whose onshore and offshore staff is expected to transfer to OKEA with full continuity of service. The transaction is subject to regulatory approval and is expected to complete in the fourth quarter of 2018. Draugen is a first-person, single-player Fjord Noir story of mystery and suspense, set in 1920s Norway. Shell will retain 80 percent of this liability up to an agreed cap while OKEA will assume the remaining liability, it said. The decommissioning costs associated with the assets are currently estimated at NOK 1 billion after tax ($120 million). In total Neptune sells its 7.56 WI in Draugen, 4.4424 WI in Brage, 3.023 WI in Ivar Aasen (OKEA taking 2.223 and MVE 0.8), 1.2092 WI in Edvard Grieg oil pipeline and 1.8138 WI in Utsira High gas pipeline. Later, it became common to limit this creature to the spirit of a fisherman who died at sea and wasn’t buried in hallowed ground. Originally, he was a dead person whether in a grave mound or venturing out to haunt the living. The Shell share of the assets’ production in the Norwegian North Sea amounted to approximately 25 thousand barrels of oil equivalent per day in 2017, representing about 14 percent of Shell's Norwegian production in 2017, according to a statement from the energy giant. The Draug is a creature from Norwegian folklore, primarily in areas along the coast. Like life in a small rural town, Draugen moves at a slower pace. Royal Dutch Shell Plc, through its Norwegian affiliate A/S Norske Shell, reached an agreement with Norway-based oil company OKEA AS to sell its entire 44.56 percent interest in Draugen and 12 percent interest in Gjoa offshore fields for NOK 4.52 billion ($556 million), the company announced Tuesday. The Draugen is a monster encountered during The Fremennik Trials quest that must be defeated in order to gain council member Siglis vote.
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