Dutch/Shell group record reserves

Royal Dutch/Shell Group, Europe’s second-largest oil producer, recorded reserves from an Angolan field more than a year before partner BP Plc as the Anglo-Dutch company tried to make up for deteriorating oil and gas holdings.

Dutch/Shell group record reserves

Shell booked some reserves as proven from the Greater Plutonio project before 2002, spokesman Simon Buerk in London said by telephone. Field operator BP gave final approval to the plan in February 2003 and recorded reserves at the end of that year, said Toby Odone, a BP spokesman in London.

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