Shell returns to deepwater drilling
Break-even prices are now so low that oil major Shell is once again ready to invest in deepwater drilling, which can compete with or deliver higher returns than shale, Shell's head of exploration tells Financial Times.
![Photo: Shell](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article7412366.ece/ALTERNATES/schema-16_9/Shell.jpg)
by DANIEL LOGAN
Oil major Shell is once again investing in deepwater drillings.
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