Gulf producers to work together on developmentHuge risks for Shell, Chevron, Unocal in ultra-deepwater Alaminos Canyon Petroleum News Houston Staff
Major players in the Gulf of Mexico’s ultra-deepwater Alaminos Canyon, faced with enormous financial risks, now say they are going to work together on how best to proceed with developing combined reserves that could exceed 1 billion barrels of oil equivalent.
But field operators Shell, ChevronTexac....
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