10000 results found for 'Shell'

10000 results found for 'Shell'
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  • 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 […]

  • New Discovery for Shell in Australia

    25 December 2019
    Operations & Maintenance

    Shell Australia has made a gas and condensate discovery in the Browse Basin off the North West Coast of Western Australia.  Drilling of the Bratwurst -1 exploration well, within title AC/P64 (100% Shell Equity, operated), was concluded after a 78-day campaign. This campaign was completed in just over 18 months from bidding and 12 months […]

  • Shell and PGGM Eyeing Eneco

    15 January 2019
    Business & Finance, Environment

    Energy major Shell and Dutch pension fund PGGM are jointly exploring the opportunity to participate in the controlled auction for the Dutch sustainable energy provider Eneco. In December 2018 Eneco and its shareholders’ committee announced the start of the privatisation process. The consortium envisages that Eneco will be a platform for growth, operating from Rotterdam, […]

  • Shell and PGGM Eyeing Eneco

    15 January 2019
    Business & Finance, Environment

    Energy major Shell and Dutch pension fund PGGM are jointly exploring the opportunity to participate in the controlled auction for the Dutch sustainable energy provider Eneco. In December 2018 Eneco and its shareholders’ committee announced the start of the privatisation process. The consortium envisages that Eneco will be a platform for growth, operating from Rotterdam, […]

  • New president for Shell Nederland

    7 December 2015

    Hague-based gas and oil giant on Monday named Marjan Van Loon as the new president of Shell Nederland effective January 2016.

  • 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 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.

  • BP scores victory in arbitration showdown with Venture Global, seeks over $1B in damages

    10 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has lost its arbitration battle against the UK-headquartered energy giant BP over the delay in starting full commercial operations at its LNG facility in Louisiana, United States.  

  • Shell: What is LNG? (VIDEO)

    28 January 2013

    Royal Dutch Shell recently posted a video about liquefied natural gas (LNG) and its use. As global demand for natural gas grows, companies are using advanced technology to transport it from source to customers. Gas can be piped over relatively short distances. But cooling the gas to -162°C (-260°F) turns it to liquid for easier, […]

  • Shell sells equity in undeveloped Norwegian assets

    2 August 2007

    A/S Norske Shell (‘Shell’) today announced that the company has entered into an agreement with E.ON Ruhrgas Norge AS to sell its 28% equity interests in the undeveloped Skarv and Idun fields for US$ 893 million. The agreement covers the licenses PL-159, PL-212, PL-212B and PL-262 in the Norwegian Sea.

  • CSL Nets Shell Extension

    18 December 2014
    Project & Tenders

    The project services division of CSL has been awarded the extension of an existing onshore and offshore frame agreement with Shell UK across their Upstream International Europe region for the provision of client representation (OOER and QAQC). The contract covers provision of experienced senior client, diving, marine and engineering representatives to support subsea teams. Project […]

  • Shell Becomes Corvus Energy’s Investor

    13 August 2019
    Business & Finance

    Shell Ventures invests in Canadian provider of energy storage systems Corvus Energy.

  • Shell sells LPG business in Hong Kong and Macau

    5 April 2017

    The Hague-based LNG giant Shell has entered into a deal to sell its liquefied petroleum gas (LPG) business in Hong Kong and Macau to DCC Energy. The conditional sale is worth about of $150.3 million. “This sale supports Shell’s strategic commitment to focus downstream activities on areas where we can be most competitive,” John Abbott, […]

  • Borssele Story Not Over for Shell?

    9 September 2016
    Business & Finance

    Royal Dutch Shell is considering bidding at the upcoming Dutch tender for 680MW Borssele III and IV offshore wind sites, according to Reuters.  The second Borssele tender will open next week (16 September) and close on 29 September. The oil and gas giant took part in the Borssele I and II tender as part of […]

  • Shell sells $2.5 bln stake in QCLNG unit

    21 December 2020
    Business Developments & Projects, Project & Tenders

    The Hague-based oil and LNG major Shell has agreed to sell a minority stake in a QCLNG unit for a consideration of $2.5 billion.

  • Shell’s 1Q profit soars

    4 May 2017

    Royal Dutch Shell has reported a sharp rise in its first quarter profit, boosted by chemicals and upstream segment of its business. Current Cost of Supplies (CCS) Income excluding identified items was $3,86 billion, up from $1,6 billion a year ago. The $2.2 billion increase from the first quarter of 2016 was mainly driven by […]

  • Shell upsizes shares sell-down to exit Woodside

    13 November 2017

    Royal Dutch Shell has upsized its previously announced agreement to sell shares in Woodside Petroleum following strong demand from institutional investors. 

  • Shell to sell Egyptian onshore assets to focus on offshore

    21 October 2019

    Shell has revealed plans to market its current onshore upstream assets in Egypt’s Western Desert to fully concentrate on growing its Egyptian offshore exploration and integrated gas business.

  • Hess Sells UK Offshore Assets to Shell

    30 May 2012
    Business & Finance

    Hess Corporation today announced it had reached agreement with Royal Dutch Shell to sell its 15.67 percent interest in the BP-operated Schiehallion field, its associated share in the Schiehallion Floating, Production, Storage and Offloading vessel (FPSO) and the West of Shetland pipeline system. The sale is subject to regulatory approval and is expected to complete […]

  • Shell elects new Australian chairman

    3 February 2017
    Business & Finance

    Oil giant Shell informed on Friday that Zoe Yujnovich will succeed Andrew Smith as chairman of the Shell companies in Australia from April 1, 2017. Smith will take up the position of Executive Vice President Trading & Supply from May this year. Thirty years after starting his career at Geelong Refinery, Smith will return to London […]

  • Deep Down in Shell Win

    9 March 2016
    Business & Finance, Equipment, Project & Tenders

    Deep Down, a subsea oilfield services company, has received an order from Shell for an umbilical and distribution system to support a production platform mooring line control system. In addition to supporting platform positioning, the system will provide real time data collection during high seas and platform operations. Due to increasing safety standards for wave […]

  • Shell to slash jobs in Australia

    3 May 2016

    LNG giant Royal Dutch Shell said it would cut jobs in Australia following the recent merger with the BG Group. Shell has earlier flagged around 2,800 job cuts worldwide following the takeover of LNG player BG. “Shell has commenced conversations with employees about business efficiency and staffing levels – as a result of combining it with the […]

  • Shell and Partners in Arran FID

    10 October 2018
    Operations & Maintenance, Research & Development

    Shell and its partners have made a final investment decision (FID) for the Arran field development, located in the UK Central North Sea. The Shell-operated Arran field is expected to produce around 100 million standard cubic feet a day of gas and 4,000 barrels per day of condensate, which combined equates to 21,000 barrels of oil equivalent per […]

  • Shell to axe 400 jobs

    31 July 2017

    The Hague-based LNG giant Shell could cut approximately 400 jobs as it continues its restructuring to cope with lower oil prices. 

  • Shell’s 3Q profit soars

    2 November 2017
    Business & Finance

    Earnings benefited mainly from stronger refining and chemicals industry conditions, increased realized oil and gas prices and higher production from new fields, offsetting the impact of field declines and divestments.