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Daily Record: WE WANT SHELL OUT OF OIL FIELD

Feb 4th, 2006
by admin.

4 February 2006
UNION leaders told Shell to “clear out” of the North Sea's biggest oil field yesterday.
Hours after posting record profits of £13billion, Shell said they are looking into decommissioning the Brent Field.
But union bosses believe there is life left in the 30-year-old field and urged Shell to let other firms take over.
Graham Tran, of Amicus, said: “Returns in the field are not the same as they were.
“That's not a big profit margin in Shell's portfolio – but it could be a big profit margin for a relatively small operator.”
The Brent Field, 115 miles off Shetland, was discovered in 1971 and started producing oil in November 1976.

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