10000 results found for 'Shell'

10000 results found for 'Shell'
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  • Nigeria LNG posts lowest annual revenue since 2009

    24 April 2017

    Nigeria LNG, the operator of the giant Bonny export plant, reported a 31% drop in its revenue in 2016 due to low oil and gas prices. Low crude prices, that fell more than halved from 2014, hit NLNG’s revenue as most of the company’s contracts are indexed to oil. NLNG earned $4.72 billion in 2016 […]

  • Australia: Santos Divests Evans Shoal for USD 350 Million

    28 October 2011
    Business & Finance

    Santos today announced that it has agreed to sell its entire working interest in NT/P 48 (Evans Shoal) in the Bonaparte Basin offshore northern Australia for up to US$350 million to a major international exploration and production company already operating in Australia. Santos will receive a cash consideration of US$250 million upon completion and a […]

  • PTTEP Fights Back! Lifts Cove Offer to USD 1.9 bln

    23 May 2012

    After Cove Energy on Monday advised its shareholders to accept Shell’s takeover bid of USD 1.8 billion, Thailand’s PTTEP has launched a counter bid. Under the terms of the acquisition, Cove shareholders will be entitled to receive 240 pence for each Cove Share, which means that the Thai oil giant has lifted the offer to […]

  • OKEA to share Siem PSV with Neptune

    29 August 2019
    Business & Finance

    OKEA has won a tender for supply to the Seadrill-owned rig West Phoenix in connection with the rig’s operations on Neptune Energy’s Fenja field located in the Norwegian Sea. 

  • UK Subsea Engineers Advance to Ocean Discovery XPRIZE Semi-Finals

    22 February 2017
    Business & Finance, Equipment, Research & Development

    A team of subsea engineering experts representing the UK has advanced to the semi-finals in the $7-million Shell Ocean Discovery XPRIZE. The XPRIZE is an international competition which aims to create the next generation tools, technologies and techniques for rapid, unmanned ocean exploration and discovery. Teams are challenged to design and build new ways to map […]

  • BG delivered 61 LNG cargoes in Q1

    8 May 2015

    LNG player BG Group said it has supplied 61 LNG cargoes or 3.8 million tonnes of the chilled gas in the first quarter of this year. Overall, the company’s delivered volumes increased 56 percent on year with eight additional spot cargoes, seven cargoes from QCLNG and six additional cargoes from long-term supply contracts in Equatorial […]

  • Ghana’s Tema LNG terminal to get first cargo

    6 May 2021
    Business Developments & Projects, Infrastructure, Operations & Maintenance, Ports & Logistics

    Tema LNG terminal in Ghana, the first offshore LNG receiving terminal in sub-Saharan Africa, is expecting to receive its first LNG cargo at the end of May.

  • Canada supports clean energy projects with up to $35 million

    19 July 2021
    Business & Finance, Business Developments & Projects

    To reduce emissions, the Canadian goverment will invest up to $35 million for projects led by the British Columbia Center for Innovation and Clean Energy.

  • Top news of the week June 20-25, 2016

    26 June 2016

    MEI: LNG oversupply to stretch to 2024 The latest research by McKinsey Energy Insights (MEI) predicts the LNG oversupply could last until 2024, meaning few projects could reach financial investment decision in the next 12 to 18 months. Alaska LNG sees first production in 2025 Alaska LNG export project filed its second draft resource report […]

  • Top news of the week February 1-6, 2016

    7 February 2016

    Shell delays LNG Canada FID The Hague-based energy giant Shell said it is postponing final investment decision on its multi-billion LNG Canada project in British Columbia to late 2016. Chevron CEO: Angola LNG to ship LNG cargo in 2nd quarter The Chevron-operated $10 billion Angola LNG project is expected to ship its first cargo of […]

  • Top news of the week February 3-8

    9 February 2020

    Shell halts Prelude FLNG production The Hague-based LNG giant Shell has reportedly halted production at its Prelude floating liquefied natural gas facility located 475 km North-East of Broome in Western Australia. Petronet LNG, Tellurian to finalize $2.5 bln deal soon India’s Petronet LNG, the country’s largest liquefied natural gas importer, is set to sign a […]

  • 2016 in review: top news of December

    2 January 2017

    Shell-led LNG Canada looking for new lead contractor The Hague-based LNG giant Shell and its partners in the LNG Canada consortium are looking for a new lead contractor for the delayed multi-billion export project in Kitimat, British Columbia. Qatargas and RasGas to merge Qatar, the world’s largest liquefied natural gas (LNG) exporter, will merge its […]

  • Offshore safety body spots irregularities during Petrojarl Knarr FPSO audit

    7 October 2019
    Infrastructure

    The PSA has found irregularities during an audit of Teekay Petrojarl and Petrojarl Knarr FPSO concerning structures and marine barriers.

  • New Research Center to Focus on Improving O&G Output in Danish North Sea

    20 March 2013
    Business & Finance

    The Danish Underground Consortium (DUC) has initiated the establishment of a new Danish research center in collaboration with leading Danish and foreign universities. The research center’s efforts are directly aimed at improving oil and gas production from the Danish sector of the North Sea. The research center management is to encourage, mature and recommend new […]

  • Russia: Sakhalin Energy launches tender for 3rd LNG train

    17 June 2016

    Sakhalin Energy, the operator of Russia’s only LNG plant, has on Thursday launched a tender for the construction of the third liquefaction train at the terminal on Sakhalin island. The Sakhalin-2 LNG facility has currently two liquefaction trains with a capacity of  about 10 million tons per annum. The LNG plant is operated by Russian gas […]

  • Total sells Martin Linge interest for $1.45 bln to Statoil

    27 November 2017
    Project & Tenders

    French gas and oil giant Total has agreed to sell its interest in the Martin Linge oil and gas field and the Garantiana discovery on the Norwegian Continental Shelf to Statoil for $1.45 billion.

  • Monadelphous to support TechnipFMC in Prelude FLNG hook-up work

    19 July 2017
    Business & Finance, Infrastructure

    Engineering company Monadelphous has been awarded a number of new work packages with a combined value of approximately $55 million, including work on the Shell-operated Prelude FLNG project off Australia.  In an update on Wednesday, the company said it has been awarded a contract for piping modification and fabrication for Technip Oceania Pty Ltd (TechnipFMC) […]

  • USA: Genesis Energy Acquires Interests in Gulf of Mexico Oil Pipelines, Including Poseidon

    1 November 2011
    Business & Finance, Operations & Maintenance

      Genesis Energy, L.P. announced that it has entered into definitive agreements to acquire from Marathon Oil Company interests in several Gulf of Mexico crude oil pipeline systems, including its 28% interest in Poseidon Oil Pipeline Company, L.L.C., its 29% interest in Odyssey Pipeline L.L.C., and its 23% interest in the Eugene Island Pipeline System. […]

  • Gulf of Mexico oil firms evacuate workers ahead of storm

    11 July 2019

    U.S. Gulf of Mexico operators are evacuating offshore workers from rig and platforms in response to tropical weather activity.

  • Sembawang Scores Two LNG Repair Contracts (Singapore)

    17 May 2012
    Project & Tenders, Vessels

    Sembcorp Marine’s subsidiary Sembawang Shipyard was recently awarded two LNG carriers life extension projects from North West Shelf Shipping Service Company, Australia (NWSSSC). NWSSSC is the shipping service provider to the vessel owner, International Gas Transportation Company Limited (IGTC), a North West Shelf Venture company registered in Bermuda. The 20-year-old LNG vessels Northwest Seaeagle and […]

  • Gulf of Mexico oil & gas lease sale pulls off ‘highest bid amount’ in almost a decade, Shell emerges as top bidder

    21 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    The latest lease sale for acreage in the Gulf of Mexico under the Biden administration has gathered nearly $382.2 million in high bids.

  • Work starts on El Salvador’s first LNG FSRU

    30 April 2020
    Business Developments & Projects, Infrastructure, Project & Tenders, Vessels

    Work has started on a regasification module that will be installed onboard El Salvador’s first floating and regasification unit. Once completed, the Wartsila module will be installed onboard Shell’s 2002-built LNG carrier Gallina that will be converted to an FSRU. A steel cutting ceremony to mark the start of the module construction was held at […]

  • Circle Oil Director and CEO steps down

    24 March 2015
    Business & Finance

    Circle Oil, the Middle East and North Africa focused oil and gas exploration, development and production company, has announced that Professor Chris Green has now resigned as a Director and as Chief Executive Officer of the company. According to Circle Oil, Professor Green had, as already announced on November 11, 2014, notified the company of […]

  • South Korea: RS, STX Ink Classification Deal for Two LNG Carriers

    29 August 2012

    On 21 August 2012, an agreement was signed between RS and STX Offshore & Shipbuilding concerning the classification of two LNG carriers. This agreement is a supplement to a contract for the construction of two similar ships which was signed earlier. The new LNG carriers of 170, 000 cubic metres capacity each will be built […]

  • Top news of the week September 16-21

    22 September 2019

    McDermott nets Arctic LNG 2 modules fabrication job McDermott International said that its Chinese joint venture Qingdao McDermott Wuchuan Offshore Engineering has been awarded the Arctic LNG 2 modules fabrication job. Qatar Petroleum, Shell to form LNG bunkering JV Qatar Petroleum and Shell signed a shareholder agreement to establish a company that would provide global […]