for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

BRIEF-Shell signs global strategic alliance agreement with CNOOC

June 17 (Reuters) - Royal Dutch Shell :

* Shell and CNOOC sign global strategic alliance agreement

* Shell and China National Offshore Oil Corporation (cnooc) announced today that they have signed a global strategic alliance agreement

* Under agreement, companies also commit to exploring potential cooperation opportunities in upstream, midstream and downstream

* Agreement was signed by Royal Dutch Shell Chairman Jorma Ollila and CNOOC Chairman Wang Yilin

* Committed to growing business together with CNOOC and other Chinese partners and cooperating with them internationally to bring more and cleaner energy to china - CEO

* Parties are also working together in liquefied natural gas (LNG) projects and upstream deepwater projects including in Gabon and Brazil among others. Source text for Eikon: Further company coverage:

Breakingviews

Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.


Sign up for a free trial of our full service at https://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and at www.breakingviews.com. All opinions expressed are those of the authors.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up