10000 results found for 'Shell'

10000 results found for 'Shell'
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  • 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.

  • 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’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 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 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, […]

  • 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, […]

  • 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 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 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’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 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 […]

  • 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 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 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, […]

  • 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 […]

  • Gabon: Shell to Produce LNG

    12 July 2010

    Shell Gabon is to launch a project to produce liquefied natural gas, the Chief Executive Officer of the company, Adrian Drewett, announced… [mappress] Source: afriquejet, July 12, 2010;

  • 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 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 […]

  • 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.

  • 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 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 […]

  • Shell Greenlights Appomattox Project

    1 July 2015
    Business & Finance, Equipment, Operations & Maintenance

    Shell has made the final investment decision (FID) to advance the Appomattox deep-water development in the Gulf of Mexico. This decision authorises the construction and installation of Shell’s eighth and largest floating platform in the Gulf of Mexico. The Appomattox development will initially produce from the Appomattox and Vicksburg fields, with average peak production estimated […]