June 25, 2018 / 1:28 PM / 5 months ago

Shell announces FID on Fram condensate field in North Sea

LONDON, June 25 (Reuters) -

** Shell announces a final investment decision (FID) for the Fram gas and condensate field in the UK North Sea

** At peak production, the Fram field is expected to produce around 41 million standard cubic feet a day of gas and 5,300 barrels per day of condensate, which combined equates to 12,400 barrels of oil equivalent per day

** Fram is a joint venture between Shell UK Limited (32 percent equity share) and Esso Exploration and Production UK Limited (68 percent equity share) (Reporting by Ron Bousso, editing by Louise Heavens)

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