Shell Offshore Facilities Damaged by Hurricane Ida, Will Remain Offline for 2021
September 20 2021 - 9:52AM
Dow Jones News
By Joe Hoppe
Royal Dutch Shell PLC said Monday that Hurricane Ida caused
significant structural damage to its West-Delta-143 offshore
facilities in the Gulf of Mexico, which are set to remain offline
for the rest of the year.
The Anglo-Dutch energy company said that the WD-143
facilities--which it owns a 71.5% stake in, with the remainder
owned by BP Exploration & Production Inc.--were damaged by the
destructive Category 4 hurricane that raged from Aug. 26 to Sept.
4.
The "A" platform facilities at WD-143 will be offline for
repairs until the end of 2021, while the facilities on its "C"
platform will be operational in the fourth quarter of the year. As
such, it expects to resume production from its Olympus platform and
Mars and Ursa facilities in the first quarter of 2022.
Around this stage in the recovery, about 60% of Shell-operated
production in the Gulf of Mexico is back online.
The company said its top priority was the protection and
recovery of its people, assets, the community and the
environment.
Shares at 1313 GMT were down 27.4 pence, or 1.9%, at 1428.6
pence.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
September 20, 2021 09:37 ET (13:37 GMT)
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