proactiveinvestors.com
Monday, November 23, 2009
Dutch oil supermajor Royal Dutch Shell (LSE: RDSB) updated the market on its progress in Qatar, where it is developing the Pearl GTL and Qatargas 4 projects in cooperation with state owned Qatar Petroleum, which operates all oil and gas activities in the country. While Pearl GTL was progressing in line with expectations, the US$ 8 billion Qatargas 4 project has been delayed by 10 months with startup now planned for late 2010.
The company has now entered into the testing phase at Pearl GTL, having inaugurated the plants control room that comprises about 1,000 control cabinets hosting 179 servers programmed with 12 million lines of software code.