No court is represented as having adjudicated responsibility for the Sakhalin II cost overrun. IntroductionOn 15 May 2003, Shell publicly presented Sakhalin II Phase 2 as an approximately $10 billion investment. He acknowledged “large cost overruns” on Sakhalin II and said Shell intended to learn lessons from them. It did not adjudicate the Sakhalin II cost overrun or determine whether Shell had mismanaged the project. Shell Was Still CommittedDespite the scale of the problem, Shell did not publicly retreat from Sakhalin II.