Popular news, April 6 – 12, 2015

Last week’s news revolved around an oil major, Royal Dutch Shell, and its activities related to Arctic drilling and Shell’s planned take over of UK-based oil company, BG Group. 

Six Greenpeace activists boarded the Polar Pioneer, a drilling rig destined to drill for Shell in the Chukchi sea, offshore Alaska, this Monday in order to protest against Arctic drilling. Shell reacted by filing a complaint  to a federal court in Alaska asking for an order to remove the activists who climbed aboard the rig.

Last week, Shell also announced it is in talks to buy BG Group for a hefty sum of  £47 billion; this move was described as an oil & gas deal of the decade. Offshore Energy Today followed up on that with a report from Wood Mackenzie, one of the biggest energy intelligence groups in the world, and their view of the deal.

In addition, Offshore Energy Today reported that BG Group’s CEO, Helge Lund, could leave BG with $47.8 million in his pocket due to a contract clause known as Golden Parachute. To remind, Lund has been at the helm of the company since February 2015, after coming from Statoil where he had been the CEO for a decade.

Scroll down for more popular news of the week:

Shell is taking over BG. Here is what you need to know

Shell wants Greenpeace activists off its rig

AKD Engineering closing business after 60 years

Greenpeace activists board Arctic-bound drilling rig

Shell in talks to buy BG Group for $70 billion (UK)

Photo: ‘Lewek Constellation’ on its way to Gulf of Mexico gig

Helge Lund could leave BG with $47.8M in his pocket

Report: Schahin in for bankruptcy protection. Halts work on five rigs

Pemex resumes production at Abkatun platform

Offshore Energy Today Staff