10000 results found for 'Shell'

10000 results found for 'Shell'
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  • Shell makes further cuts in UK

    25 May 2016

    Oil major Royal Dutch Shell has increased its target for layoffs in 2016 by 2,200 jobs due to prolonged weak oil price environment. As a result, 475 jobs will be cut in Shell’s UK Upstream and Ireland business. According to Shell’s statement on Wednesday, the company’s staff have been informed about the progress being made […]

  • Shell opens LNG station in Rotterdam

    18 March 2015

    Shell said it has opened its first liquefied natural gas lanes in Europe, at a truck refuelling station in Rotterdam Waalhaven, the Netherlands.

  • Deep Down nets Shell order

    10 March 2016
    Business & Finance, Equipment

    Deep Down, an oilfield services company, has received an order from the oil and gas company Shell for an umbilical and distribution system to support a production platform mooring line control system.  Deep Down did not specify which production platform would be supplied under the contract. In addition to supporting platform positioning, the system will provide real time […]

  • Shell Increases Stake in Schiehallion Field (UK)

    14 November 2012
    Business & Finance

    Shell announced today the signing of separate agreements for the acquisition of Murphy Schiehallion Limited 5.9% stake in the Schiehallion field west of Shetlands and for the sale of Shell’s interest in the Seal area within the Peace River oil sands of Alberta, Canada to Murphy Oil Company Ltd. The additional equity in the Schiehallion […]

  • Shell’s second-quarter profit slips

    1 August 2019

    The Hague-based LNG giant Shell saw its second-quarter net profit drop lower realized oil, gas and LNG prices.

  • Shell Hires ‘Rem Fortress’ PSV

    20 June 2013
    Business & Finance

    Rem Offshore ASA has entered into a contract with A/S Norske Shell for the PSV vessel “Rem Fortress”. The firm contract period is 18 months, with 6 x 1 months options. The vessel shall support A/S Norske Shell operations offshore on Draugen, Ormen Lange and other locations. The contract is expected to start in  July. […]

  • Shell Stops Alaska Oil Drilling

    28 September 2015
    Business & Finance

    Royal Dutch Shell Plc will cease further exploration activity in offshore Alaska for the foreseeable future and take a USD 4.1 billion write-down after not finding enough oil and gas deposits in the Burger J well located in the Chukchi Sea, some 150 miles off Barrow. Shell says the tests have shown indications of oil and gas […]

  • Shell hits gas offshore Gabon

    22 October 2014

    Shell made a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir. Leopard-1 is located around 145 kilometres off the Gabonese coast, west of Gamba. It was drilled in water 2,110 metres deep to a total vertical depth of […]

  • Shell lifts dividend as profit narrows

    29 October 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Shell saw its third quarter 2020 earnings decrease when compared to the last year’s third quarter but the oil major decided to increase its dividend.

  • Shell confirms Gulf of Mexico discovery

    19 November 2015
    Project & Tenders

    Anglo/Dutch oil and gas major Royal Dutch Shell has confirmed its Kaikias field discovery, located in the Mars-Ursa basin, in the Gulf of Mexico. Namely, the development potential of Kaikias could exceed 100 million barrels of oil equivalent recoverable. The company said that drilling of the Kaikias appraisal well had been done ahead of schedule and under […]

  • Shell in new discovery in Gulf of Mexico

    28 July 2016

    Oil giant Shell on Thursday announced a new exploration discovery in the deep water U.S. Gulf of Mexico. The initial estimated recoverable resources for the Fort Sumter well are more than 125 million barrels of oil equivalent (boe), the oil company said on Thursday. Shell also added that further appraisal drilling and planned wells in […]

  • Shell’s 4Q earnings up 147%

    1 February 2018
    Business & Finance

    Oil giant Shell’s 4Q CCS earnings attributable to shareholders excluding identified items were $4.3 billion for the fourth quarter 2017. This is an increase of 147 percent from the fourth quarter of 2016. The oil major said the result reflected increased contributions from all businesses, compared with 2016. Worth noting, Shell’s fourth quarter results soared despite […]

  • Shell under pressure to reduce spending

    8 April 2016

    By Ron Bousso LONDON (Reuters) – Royal Dutch Shell is under pressure from shareholders to cut annual spending below $30 billion (21.3 billion pounds) after buying BG Group to ensure it can maintain its dividend given the slow oil price recovery. Shell and other large oil companies slashed budgets, scrapped huge projects and cut tens […]

  • Shell names new exploration head

    23 January 2017
    Business & Finance

    Global oil major Shell will after seven years have a new executive vice president of exploration, effective February 13, 2017. Shell told Offshore Energy Today that the current executive vice president of exploration, Ceri Powell will be replaced by Marc Gerrits. Gerrits holds a Bachelor of Science from the University of Queensland, Australia. He began his career […]

  • Shell to Boost Deepwater Production in Brazil

    22 July 2013
    Business & Finance, Operations & Maintenance

    Shell, and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas (BC-10) and the Bijupirá/Salema fields. “Offshore Brazil is a key part of our plans to grow our deepwater portfolio – a key component of our global strategy,” said John Hollowell, Executive Vice President for Deep Water, Shell […]

  • Shell Hires China VLCC’s Supertanker

    1 February 2016
    Business & Finance

    Shanghai-listed China Merchants Energy Shipping (CMES) said that its subsidiary China VLCC signed a charter deal with the Netherlands-based Royal Dutch Shell. The charter deal relates to a supertanker (VLCC) that has been hired for a period of three years. As disclosed by CMES, the value of the deal is set at RMB 262 million […]

  • Shell’s Prelude FLNG restarts operation

    20 January 2023
    Business Developments & Projects, Exploration & Production, Operations & Maintenance, Safety, Vessels

    Oil and gas giant Shell has officially restarted LNG cargo operations at its Prelude Floating Liquified Natural Gas (FLNG) facility following almost a month of suspension. The company shut down the production at the FLNG facility offshore Australia after a fire broke out in December 2022. At the time, Shell said the fire was quickly […]

  • Greenpeace leaves Shell’s Arctic-bound rig

    13 April 2015
    Exploration & Production

    Six Greenpeace activists disembarked from Shell’s Arctic-bound oil rig in the Pacific Ocean on Saturday, April 11, 2015, after spending six days camping on the structure to protest against Arctic drilling.  The multi-national team of six people, Greenpeace activists, climbed aboard the Polar Pioneer drilling rig on Monday, April 6, 2015. The rig is being transported on a […]

  • Shell exits Palestine gas field

    5 April 2018

    The Hague-based LNG giant Shell has sold its entire 90% stake in the Gaza Marine natural gas field offshore Palestine. The company said it had reached an agreement with the Palestine Investment Fund (PIF) to divest its entire interest and operatorship in the Gaza Marine license. According to Shell, the sale is part of its […]

  • Shell Abandons Offer for Cove (UK)

    18 July 2012

    LNG giant Shell said that it has decided not to revise its takover offer for Cove Energy which owns an 8.5 percent stake in the Rovuma licence off the coast of Mozambique containing gas discoveries that could be a major provider of LNG to Asia in future. “Shell Bidco has decided not to revise its […]

  • Shell in New Gulf of Mexico Find

    25 May 2018
    Operations & Maintenance, Research & Development

    Shell Offshore has made a large, deepwater, exploration discovery in the Norphlet geologic play in the U.S. Gulf of Mexico with its Dover well.  The Dover discovery is Shell’s sixth in the Norphlet and encountered more than 800 net feet of pay (244 meters). The discovery is located approximately 13 miles from the Appomattox host […]

  • Gazprom, Shell talk LNG cooperation

    2 June 2017

    Gazprom’s head, Alexey Miller discussed global energy market cooperation with Shell’s CEO, Ben van Beurden during a meeting in St. Petersburg.

  • Shell’s first-quarter profit slips

    2 May 2019

    The Hague-based LNG giant Shell saw its first-quarter net profit edge down slightly as a result of lower realized oil prices. 

  • Gazprom, Shell discuss LNG cooperation

    29 May 2017

    Gazprom’s head, Alexey Miller on Monday met with Shell’s Maarten Wetselaar to discuss collaboration between the two companies under the cooperation agreement signed in 2015.

  • Shell names Projects & Technology Director

    31 July 2014
    Business & Finance

    Royal Dutch Shell plc has announced the appointment of Harry Brekelmans as Projects & Technology Director with effect from October 1, 2014. In his new role, Brekelmans will become a member of the Executive Committee and will take over from Matthias Bichsel who will be leaving the company after 34 years’ distinguished service. Brekelmans is a Dutch […]