Shell has reportedly elected to withdraw from the Kalamkas-More field devt project in the North Caspian PSA and from the Hazar field (run by Caspi Meruerty Optg Co [Shell]) in the N. Ustyurt Basin, citing complex project economics and an earlier belief that separate devt of both fields did not make sense economically. Public hearings over the EIA that were scheduled earlier this month have been cancelled.   North Capian Optg Co = KMG, Shell, Total, Eni, ExxonMobil, CNPC, Inpex. CMOC = Shell RD Offshore Ventures
Shell has reportedly elected to withdraw from the Kalamkas-More field devt project in the North Caspian PSA and from the Hazar field (run by Caspi Meruerty Optg Co [Shell]) in the N. Ustyurt Basin), citing complex project economics and an earlier belief that separate devt of both fields did not make sense economically.