Shell Concerned After French Guiana Permits Halted
From Bloomberg
Royal Dutch Shell Plc (RDSA), Europe’s biggest oil producer, said it’s “obviously concerned” at reports France suspended drilling permits for French Guiana.
Ecology Minister Nicole Bricq suspended permits to drill off the coast of the overseas region of France, citing the risk to the environment, Agence France-Presse reported yesterday. Shell, Total SA (FP) and Tullow Oil Plc (TLW) are targeting about 1.4 billion barrels of resources in French Guiana offshore blocks.
