Shell eyes North Sea oil and gas developments amid drive to go gree
By Mark Williamson Group Business Correspondent
THE head of Royal Dutch Shell’s UK business has said the oil giant is set to approve more developments in the North Sea amid calls from activists for curbs on activity to help tackle climate change.
UK country chair Sinead Lynch said Shell is looking at projects across its North Sea heartlands. The firm thinks it can generate good returns in the area while supporting the effort to reduce carbon emissions in the UK to zero, net of amounts absorbed.
“The North Sea for us is definitely an area where we want to continue to play,” said Ms Lynch, who reckons Shell could be in the area for decades.