10000 results found for 'Shell'

10000 results found for 'Shell'
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  • Shell’s earnings soar

    27 July 2017

    Oil giant Shell posted a 245 percent rise in its second quarter earnings, on a current cost of supplies (CCS) basis, and excluding identified items. Shell’s Q2 2017 earnings, excluding identified items, were $3.6 billion, up 245% from $1 billion for the second quarter of 2016. The company said the result was boosted by higher […]

  • Shell sells Norwegian fields interest to Okea

    30 November 2018

    Shell’s Norwegian unit, Norske Shell, sold its interest in the Draugen and Gjøa fields in Norway to Okea for 4.52 billion NOK ($526 million).

  • Serica brings another multimillion-dollar oil & gas acquisition to a close in UK

    11 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy has completed the acquisition of  Prax Upstream, a subsidiary of compatriot Prax Exploration & Production, expanding its hydrocarbon portfolio on the UK Continental Shelf (UKCS).

  • Shell sells $5B worth of Woodside shares

    17 June 2014
    Business & Finance

    Royal Dutch Shell plc today announced the sale of a total of approximately 156.5 million shares in Woodside Petroleum Limited (“Woodside”) representing a total estimated value to Shell of around US$5.0 billion on an after tax basis. The sale, which represents 19.0% of Woodside’s issued share capital, is through an underwritten sell-down to equity market […]

  • Second of 30 US offshore oil & gas lease sales on the agenda for March

    19 November 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    The U.S. Bureau of Ocean Energy Management (BOEM) has revealed a proposed notice of sale for the next offshore oil and gas lease sale under the One Big Beautiful Bill Act, which is the second of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales required by this legislation.

  • Shell sells assets in Denmark for $1.9 billion

    17 October 2018

    The Hague-based LNG giant Shell is selling its upstream interests in Denmark for $1.9 billion. Shell Overseas Holdings Limited, a unit of Shell, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco) to sell its shares in Shell Olie-og Gasudvinding Danmark (SOGU). SOGU is a wholly-owned Shell subsidiary that holds a 36.8% non-operating […]

  • Nexus Sells Crux Stake to Shell, Australia

    19 December 2012

    Nexus Energy said it has provided to Shell Development (Australia) an Option Notice that will result in the disposal of 2% of Nexus’ 17% participating interest in the Crux   AC/L9 development project  in the East Browse Basin, off the coast of North West Australia for $75 million.  The put option was agreed at the time […]

  • Report: Shell looking to sell business in Norway

    14 November 2016

    Global oil major Shell has reportedly hired a bank to review its Norwegian assets, which could possibly lead to Shell exiting the Scandinavian country. According to the article by The Times, the company has assigned Rothschild bank to review the “$3bn Norwegian business.” The Times wrote on Sunday that this could lead to Shell selling […]

  • The Netherlands: Shell Buys Gasnor

    11 July 2012

    Shell, the current owner of 4.1% of the shares in Gasnor AS, has signed a Share Purchase Agreement for the acquisition of the remaining outstanding shares in the company for USD 74 million (NOK 455.5 million). Subject to Norwegian regulatory approvals, the transaction is expected to be closed in the 3rd quarter of 2012. Gasnor […]

  • Shell sells New Zealand assets to OMV

    28 December 2018

    The Hague-based LNG giant Shell has completed the sale of its shares in New Zealand entities to OMV for $578 million.

  • MODEC: Pieces of Shell’s Brazil-bound FPSO puzzle continue to slide into place

    6 October 2025
    Business & Finance, Business Developments & Projects

    Japan’s MODEC is making headway in the construction of a floating production, storage, and offloading (FPSO) unit destined for a field offshore Brazil, operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell.

  • Shell completes Woodside shares sell-down

    18 June 2014
    Business & Finance

    Further to the announcement on 17 June 2014, Royal Dutch Shell plc t0day confirmed its subsidiary has completed the sell-down of 78.27 million shares of Woodside Petroleum Limited (“Woodside”). Shell Energy Holding Australia Limited (“SEHAL”) completed the sale at a price of A$41.35 per share with proceeds expected to be received on 23 June 2014. The sale […]

  • Shell sells Pinedale and Haynesville gas assets

    15 August 2014

    Royal Dutch Shell made two separate transactions whereby the company will exit its Pinedale and Haynesville onshore gas assets in exchange for approximately $2.1 billion of cash, plus additional acreage in the Marcellus and Utica Shale areas in Pennsylvania. In one agreement with Ultra Petroleum, Shell will acquire 155,000 net acres in the Marcellus and Utica […]

  • Shell sells engineering software rights to Aveva

    8 February 2018
    Business & Finance, Equipment

    Aveva has acquired the intellectual property rights to Shell’s EDD and PDMSi software.

  • Shell Sells Stake in Wheatstone LNG to KUFPEC

    20 January 2014

      Royal Dutch Shell said on Monday it has agreed to sell its 8% equity interest in the Wheatstone-Iago Joint Venture and 6.4% interest in the 8.9 million tonnes per annum Wheatstone LNG project in Western Australia for a cash consideration of US$1,135 million to the Kuwait Foreign Petroleum Exploration Company (KUFPEC). Shell Chief Executive […]

  • Shell further cuts stake in Australia’s Woodside

    13 November 2017

    The Hague-based LNG giant Shell has entered into a $1.7 billion (A$2.2 billion) deal with two investment banks to sell a stake in Australian LNG operator Woodside. Shell’s subsidiary, Shell Energy Holdings Australia Limited (SEHAL), will sell 71.6 million shares in Woodside, representing 64% of its interest in Woodside and 8.5% of the issued capital in […]

  • iSURVEY Bags Shell Contract

    22 February 2017
    Project & Tenders

    iSURVEY has secured a non exclusive call-off contract with Shell UK, Shell NAM, Norske Shell and Shell E&P Ireland for the provision of rig positioning and surveying services. The three year contract, which has the option of up to two, one year extensions, will see iSURVEY provide non exclusive rig and surface positioning services, subsurface […]

  • Eni pens decade-long LNG offtake deal with Thai player

    5 December 2025
    Business & Finance, Business Developments & Projects

    Italy’s energy giant Eni has won a new multi-year liquefied natural gas (LNG) agreement with Gulf Development Company, said to be one of Thailand’s largest private power producers.

  • Shell sells Polarled pipeline stake to CapeOmega

    20 October 2017

    Shell is selling its stake in the Polarled offshore pipeline in Norway, as well as a part of its stake in the Nyhamna gas plant to CapeOmega. According to a statement by Shell, CapeOmega AS will buy Shell’s 9.02% stake in the Polarled gas pipeline and 3% of the 15.03% stake in the gas plant Nyhamna. […]

  • Noble buys Shell’s interest in two drillship JVs as Shell exits drilling contract

    4 December 2019
    Exploration & Production

    Noble has completed the previously disclosed transaction with Shell relating to the two joint ventures in which Noble and Shell each held a fifty percent interest.

  • Shell to sell its stake in Thai gas field

    31 January 2018
    Project & Tenders

    The Hague-based LNG giant Shell said on Wednesday that it will sell its stake in the Bongkot gas field and adjoining acreage offshore Thailand to PTT Exploration & Production (PTTEP) for $750 million before tax. The transaction is expected to complete in the second quarter of 2018, Shell said in its statement. “Shell’s decision to […]

  • Shell sells part of its Woodside stake for $1.7 billion

    13 November 2017
    Business & Finance

    Shell has made an agreement to sell part of its stake in Woodside Petroleum to equity investors for $1.7 billion.

  • Shell sells interest in Gulf of Mexico assets

    5 December 2016
    Business & Finance

    Japanese firm Mitsui & Co is buying into Shell’s offshore fields in the U.S. Gulf of Mexico. The deal entails Mitsui buying  a 20 percent working interest in Shell’s Kaikias and Circius fields, spread acros four blocks in the Mississippi Canyon in the Gulf of Mexico. The four blocks, encompassing 93 square kilometers, are located approximately 100 […]

  • Australia: Shell Sells Wheatstone Stake to KUFPEC

    20 January 2014
    Business & Finance

    Royal Dutch Shell plc (“Shell”) today announced it has agreed to sell its 8% equity interest in the Wheatstone-Iago Joint Venture and 6.4% interest in the 8.9 million tonnes per annum Wheatstone liquefied natural gas (LNG) project in Western Australia for a cash consideration of US$1,135 million to the Kuwait Foreign Petroleum Exploration Company (KUFPEC), subject to closing.   […]

  • UK: Bridge Sells Duart Oil to Shell

    6 January 2012
    Business & Finance

    Bridge, the Oslo Axess-listed oil and gas exploration and production company signed an agreement in December 2011 for the crude oil sales from the Duart field with Shell Trading and Shipping Company (“STASCO”). The acquisition of a 50% equity interest in the Duart field from Nexen was completed in December 2011 for an adjusted consideration […]