MOSCOW (MRC) -- Royal Dutch Shell Plc is restarting the Gas Olefins Unit 1 (GO 1) at its Norco, Louisiana, chemical plant on Monday, sources familiar with plant operations said, as per Reuters.
Shell plans to begin restarting the 25,000 barrels per day (bpd) coker in the adjoining 225,300 bpd Norco refinery this week, the sources said.
As MRC reported before, in March 2018, Shell EP Middle East Holdings B.V. completed the sale of the entire share capital of Shell Iraq B.V (SIBV), which held its 19.6% stake in the West Qurna 1 oil field, for USD406 million, to a subsidiary of ITOCHU Corporation.
Royal Dutch Shell plc is an Anglo-Dutch multinational oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the biggest company in the world in terms of revenue and one of the six oil and gas "supermajors". Shell is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading.
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