10000 results found for 'Shell'

10000 results found for 'Shell'
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  • Shell spuds Namibian wildcat

    14 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Oil major Shell has started drilling an exploration well in the Orange Basin offshore Namibia using a Valaris-owned drillship.

  • 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 to slash more jobs

    25 May 2016

    LNG giant Royal Dutch Shell said it will increase the number of job cuts by at least 2,200 to ensure the company is competitive in a ‘lower for longer’ oil price environment. This would bring the total number of staff and direct contractor roles leaving Shell from the start of 2015 to the end of 2016 […]

  • Shell idles Noble drillship

    5 September 2018
    Business & Finance, Exploration & Production

    Oil major Shell has decided to idle one of Noble Corporation’s drillships operating for the company in the Gulf of Mexico. 

  • 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 sees ‘robust’ profits

    27 October 2022
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has recorded higher profits in 3Q 2022 on a year-on-year basis thanks to higher gas prices and increased volumes from deepwater assets.

  • 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 […]

  • 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 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 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 […]

  • 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, […]

  • 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’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.

  • Shell in AI, machine learning push

    21 September 2018

    Oil giant Shell has selected C3 IoT with Microsoft Azure as its artificial intelligence (AI) platform to “enable and accelerate digital transformation on a global scale.”

  • 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 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 […]

  • Regulator probes Shell in Norway

    12 June 2015
    Equipment

    On March 6, 2015, the Petroleum Safety Authority (PSA) Norway carried out an audit of Norske Shell’s non-conformity handling. The objective of the audit was to follow up on the requirements which entail that the companies must work systematically to detect regulatory non-conformities and that the companies must have a system for handling them. The […]

  • Shell profits nosedive in Q3

    29 October 2015

    Gas and oil giant Shell posted a sharp decline in third-quarter profits due to low oil prices and write-downs on projects. Shell’s third-quarter earnings, on a current cost of supplies (CCS) basis, were at $1.8 billion, down by 70 percent as compared with the same quarter in 2014. “The headline numbers we’re reporting today include substantial charges. […]

  • Shell Buys Turritella FPSO

    12 July 2017
    Business & Finance

    Shell Offshore revealed that its affiliate, Shell E and P Offshore Services, will exercise a contractual right to buy the Turritella floating, production, storage and offloading (FPSO) vessel from SBM Offshore. The 159,100 dwt vessel is contracted for the Stones deep-water development in the Gulf of Mexico, which began production last year. As informed, Shell […]

  • Gazprom and Shell talk LNG

    11 June 2015

    Alexey Miller of Gazprom and Shell’s CEO Ben van Beurden met in Milan on Wednesday where they discussed the status of Sakhalin II and the future collaboration within the project. They also addressed the prospects for cooperation in the oil and gas sector, as well as the current situation in the LNG markets, according to […]

  • 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, […]

  • Jacobs secures Shell award

    1 August 2017
    Equipment

    Jacobs Engineering Group Inc. has signed a global Enterprise Framework Agreement (EFA) renewal with Shell Oil Company to provide concept, front-end engineering, detailed design, procurement, project management, construction management and construction services for Shell projects globally. Jacobs said the agreement was in line with Shell’s ongoing efforts to transform the way its projects are delivered […]

  • Shell Extends Genesis Contract

    27 September 2013

    Genesis has announced a five-year extension to its Engineering Services support contract with Shell. The original contract was awarded in 2003. The contract scope covers the provision of all categories of engineering and design staff and associated support services, with Genesis personnel working alongside Shell staff as an integrated engineering team. Since 2003 the team […]