10000 results found for 'Shell'

10000 results found for 'Shell'
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  • ‘Larger’ slice for oil & gas exploration on Norway’s new offshore licensing menu

    9 May 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Norway’s Ministry of Petroleum and Energy has launched the award in pre-defined areas 2025 (APA 2025) round for oil and gas exploration activity, covering the predefined areas on the Norwegian Continental Shelf (NCS) with blocks in the North Sea, Norwegian Sea, and the Barents Sea.

  • Valaris parts ways with 27-year-old jack-up rig for $108 million

    6 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Bermuda-headquartered offshore drilling contractor Valaris is divesting a jack-up from its rig fleet to boost its financial flexibility.

  • Foreship to help Wasaline up hybrid ferry’s energy storage capacity almost sixfold

    20 May 2025
    Collaboration, Infrastructure, Outlook & Strategy, Vessels

    Finland-based naval architecture and engineering consultancy Foreship has been contracted to support compatriot shipping company Wasaline in delivering a battery upgrade on MV Aurora Botnia that will see the ferry’s energy storage capacity increase nearly sixfold.

  • MODEC gets its hands on 20-year FPSO job with Shell for Brazilian oil & gas development

    25 March 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Shell has handed out a multi-year operations and maintenance contract to Japan’s MODEC for a floating production, storage, and offloading (FPSO) vessel destined to work on this project in Brazilian waters.

  • TPAO signs up for global oil & gas decarbonization initiative

    10 April 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Exploration & Production, Outlook & Strategy, Regulation & Policy, Transition

    Türkiye Petrolleri A.O. (TPAO) has become the 56th player to come on board the Oil and Gas Decarbonization Charter (OGDC), which is set on stepping up the worldwide decarbonization game in the oil and gas industry at speed and scale.

  • Canada’s offshore oil & LNG with doors to wider markets safe from trade war tentacles, report finds

    2 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Transition

    With the first trade war shots fired, a new analysis has highlighted offshore oil production and liquefied natural gas (LNG), which have dipped their toes into broader market arenas, among products that can reap the benefits from the looming tariff threats, potentially paving the way for Canada to boost its economic might at a time of brewing global instability.

  • Odfjell Drilling-managed rig to spud wildcat pair offshore Norway

    9 May 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has received a drilling permit from the country’s authorities for a wildcat well duo in the Norwegian Sea, enabling it to undertake drilling activities this month with a semi-submersible rig managed by Odfjell Drilling.

  • Shell’s deepwater project offshore Brazil is a go with first Gato do Mato gas due in 2029

    21 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has taken a final investment decision (FID) for its deepwater development project in the pre-salt area of the Santos Basin off the coast of Brazil.

  • Activity heats up at Britain’s port in support of giant oil & gas development project

    7 May 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Lerwick Harbour, situated at the crossroads of the North Sea and Northeast Atlantic, has confirmed an uptick in preparations for servicing Equinor’s first development phase of a controversial oil and gas field on the UK Continental Shelf (UKCS).

  • Prospective North Sea CCS sites sought to ‘turbocharge’ UK’s path to net zero

    15 May 2025
    Authorities & Government, Business Developments & Projects, Carbon Capture Usage & Storage, Regulation & Policy

    UK regulator the North Sea Transition Authority (NSTA) has called on interested parties to submit their proposals for potential carbon storage locations in the North Sea.

  • Development and operation plan handed in for Northern Lights expansion

    1 April 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Storage, Transition, Vision

    Some five days after taking the final investment decision (FID), Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have submitted the plan for development and operation (PDO) to the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage development. The partners announced on March 27 the FID for the expansion project […]

  • Noble rig reaches endpoint at North Sea drilling campaign crowned with ‘great discovery’

    4 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Petrogas E&P has crossed the finish line at its drilling program in the UK sector of the North Sea, which led to a gas discovery drilled by a 16-year-old jack-up rig owned by Noble Corporation, a U.S.-based offshore drilling giant.

  • Canada moves closer to natural gas exports as ‘first-ever’ LNG carrier reaches its west coast

    3 April 2025
    Business Developments & Projects

    LNG Canada, a joint venture company comprising Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has received its inaugural liquefied natural gas (LNG) shipment that will be used for testing at its export terminal in Kitimat, Canada’s British Columbia.

  • Subsea7 and Aker Solutions tasked with work for Northern Lights Phase 2

    1 April 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Outlook & Strategy, Project & Tenders, Storage, Transition, Vision

    Norway’s state-owned Equinor, acting as the technical service provider (TSP) for the project, has awarded Subsea7 and Aker Solutions with contracts for the second phase of the Northern Lights CO2 transport and storage development in Norway, after the final investment decision (FID) was announced last week. Subsea7’s contract is described as sizeable and will see […]

  • IKM Group to employ up to 70 persons as part of contract for Norway’s PRSI Pool

    31 March 2025
    Business & Finance, Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Project & Tenders

    Norwegian state-owned energy firm Equinor has awarded Sola-based IKM Group with a contract for the provision of services for the Pipeline Repair and Subsea Intervention (PRSI) Pool, with about 50-70 people expected to be employed for the work. The PRSI Pool includes 23 companies covering their offshore pipeline and power cable repair contingency via the […]

  • Valaris rig gearing up for ‘main activity’ in Jadestone’s 2025 drilling program

    31 March 2025
    Business Developments & Projects, Exploration & Production

    A jack-up rig owned by offshore drilling contractor Valaris has arrived in Australia to start working on a drilling campaign for the Singapore-headquartered oil and gas player Jadestone Energy.

  • Valaris picks up multimillion-dollar gig for warm stacked drillship

    1 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Valaris has won a long-term assignment for one of its floaters with an undisclosed oil and gas company in West Africa.

  • Fleet staying active as Prosafe navigates strategic divestments

    23 April 2025
    Business Developments & Projects, Infrastructure, Vessels

    Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shared its fleet activity for March.

  • UK firm broadens US presence with deepwater assets buy

    2 April 2025
    Business & Finance, Business Developments & Projects

    London-based INEOS Energy has completed the acquisition of the U.S. Gulf business previously held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of China National Offshore Oil Corporation (CNOOC) International. According to INEOS Energy, the deal increases its production globally to over 90,000 barrels of oil equivalent per day, bringing its capital spend on […]

  • MET Group appoints new head to oversee LNG growth

    1 April 2025
    Business Developments & Projects, Human Capital, Outlook & Strategy

    Switzerland-headquartered energy company MET Group has named a new leader for its liquefied natural gas (LNG) unit.

  • WATCH: Valaris rig goes to play its role in North Sea gas asset’s rebirth as EU’s CCS playground

    9 April 2025
    Business & Finance, Business Developments & Projects, Project & Tenders, Transition

    Valaris’ rig has come to the North Sea to help a gas field and its infrastructure to get a new lease on life off the coast of the Netherlands as the first CO2 transport and storage project in the European Union (EU).

  • Equinor’s Norwegian activity across energy and decarbonization realms remaining ‘robust’ up to 2035

    4 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Equinor has set its cap on upping its activity ante in Norway within its operated fields, onshore facilities, and exploration and development projects alongside those for renewable and low-carbon solutions, creating further ripple effects like the multibillion-dollar worth of goods and services procured in 2024.

  • Drilling ops yield fertile ground for carbon storage in North Sea

    14 May 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Transition

    Equinor Low Carbon Solutions, a subsidiary of Norway’s state-owned energy giant Equinor, has drilled two appraisal wells in the Norwegian sector of the North Sea, which are said to possess suitable properties for the injection and storage of carbon dioxide (CO2).

  • Shell-Brevik Engineering LCO2 carrier design wins DNV AiP

    14 March 2025
    Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Infrastructure, Innovation, Regulation & Policy, Technology, Vessels

    Norwegian class society DNV has awarded a detailed approval in principle (AiP) to the UK-based Shell International Trading and Shipping Company Limited, part of Shell, and Norway-based marine engineering company Brevik Engineering for their design of a 74,000 cbm liquid carbon dioxide (LCO2) carrier.

  • FuelEU Maritime: More expense or €250M gain for shipping?

    15 May 2025
    Business & Finance, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    Instead of acting solely as a cost driver, the FuelEU Maritime regulation could create a net financial gain, potentially around €250 million, according to a recent analysis by maritime data and compliance firm OceanScore.