Gazprom Neft, Shell consider shale oil project

Gazprom Neft, Shell consider shale oil project


Gazprom CEO Alexei Miller said oil arm Gazprom Neft would work with Royal Dutch Shell to outline a plan for shale oil production in the Upper Salym oil field in western Siberia. "In contrast to shale gas extraction, tight oil production is of considerable interest for Gazprom Group and we will work actively on this issue," he said.

Shell and Gazprom Neft formed a joint venture, Salym Petroleum Development, for work in the oil field. “Experts of Gazprom Neft, Shell and SPD ...


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