Shell CEO: We Had Concerns Over Cove Valuation

3:05 AM ET Thu, 26 July 2012

Peter Voser, CEO of Royal Dutch Shell, told CNBC, "The strategy is a growth strategy we have a project pipeline over the next few years which is twenty projects under construction and over thirty on the design so we have a very rich pipeline of oil and gas projects and therefore we can be very competitive when we look for new options."