Shell Offshore Facilities Damaged by Hurricane Ida, Will Remain Offline for 2021

Royal Dutch Shell PLC (RDS/A) 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
  09-20-21 0937ET
  Copyright (c) 2021 Dow Jones & Company, Inc.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.