Shell Oil Traders Trade One Caribbean Paradise For Another  | Rigzone

LONDON, Aug 17 (Reuters) – Royal Dutch Shell’s oil traders in the Caribbean island of Barbados are getting ready for a tough gig – they’re being moved to the Bahamas next month.

The relocation of the oil and gas company’s trading hub for Latin America will make travel to customers in the key region easier for its employees, a company spokeswoman said.

Shell’s oil output in South America jumped sharply in 2016 after it acquired BG Group, which had a large portfolio of assets in Brazil. The country now accounts for about 10 percent of the group’s oil and gas production.

In the first half of 2018, oil production in the region was 335,000 bpd, according to company data. In 2015, South American output was only 38,000 bpd.

“Shell Western Supply and Trading can…

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