Shell to develop Fram field in UK Central North Sea
LONDON -- Shell said it will develop the Fram oil and gas field in the United Kingdom Central North Sea, following final approval from the UK Department of Energy and Climate Change.
Shell-operated Fram is a joint venture between Shell 32% equity share and Esso 68% equity share. The Fram field is expected to produce an average of 35,000 boepd. Shell is working to achieve first production within the next three years.
Dow Jones Newswires